James Packer’s gamble on the Philippines could reap huge rewards
James Packer is bullish on the Philippine casino market and he's putting his money where his mouth is with City of Dreams Manila.
Echo sells Townsville casino to Colonial Leisure Group
Echo, however, has refused to comment on the sale and the lack of confirmation has spawned rumors that other buyers are still in the fold.
Melco Crown readies loan to help PH casino
The issuance of the debt papers isn't scheduled until the end of January, so its plausible that there might not be any need for any loans.
Melco Crown raises Php15B in senior notes, to be used on City of Dreams Manila
City of Dreams Manila is set to open in the middle of 2014 with a casino that will include 365 gambling tables and over 3,000 slot machines.
Melco Crown shows commitment to Japan, donates millions to university
It's become the least known secret that Melco Crown is an avid proponent and supporter of casino legalization in Japan.
Melco Crown’s Asia casino projects on schedule
City of Dreams Manila, Melco's project with Belle Corporation is on track to open its doors sometime in the middle of next year.
Melco Crown Q3 revenue up 24% thanks to premium mass focus
Asian casino operator Melco Crown Entertainment's focus on premium mass gaming helps push Q3 revenue up 24%.
Philippines can be bridesmaids to Macau depending on taxes
If the country hopes to accomplish its goal of hitting its target revenue, a palatable tax agreement should be made by all involved parties.
Belle Grande changes its name to City of Dreams Manila
What has come to be known as Belle Grande Manila will now instead be called The City of Dreams of Manila.
SJM continues to pace Macau casino earnings in August
For the month of August, Macau's casino gross gaming revenue amounted to MOP30.4 billion, 17.6 percent higher over the same time last year.
