Tag Archives: melco international development
- Melco International seeks Studio City spin-off in US bourse
August 15, 2017
HongKong-listed casino operator Melco International Development is seeking a spin-off and separate listing of Studio City International Holdings Ltd. in the U.S. In a regulatory filing, Melco announced that it has submitted a draft registration statement for an initial public offering (IPO) of its American Depositary Shares (“ADSs”) representing ordinary...
- IPO would only exacerbate Studio City ownership maze
Melco International Development just put up a trial balloon to gauge interest in a possible initial public offering for Studio City Macau. It probably won’t happen. It you thought Caesars had a complicated corporate structure, wait until you get a look at Studio City’s fractionated ownership map. An IPO would...
- Hard Rock Int’l sole remaining bidder for Spanish casino license
July 3, 2017
Florida-based casino operator Hard Rock International (HRI) appears set to win the race to build a new resort in Spain after all the other contenders dropped out. Last week, Spanish media reported that HRI and Hong Kong-listed Melco International Development had walked away from a tandem bid to win an...
- Hard Rock selling stake in Cyprus casino project to Melco Int’l
June 27, 2017
Casino operator Hard Rock International (HRI) has quietly exited its Cyprus integrated resort joint venture, according to stock market filings. On Monday, the government of the Republic of Cyprus officially signed its contract with a consortium consisting of HRI, Hong Kong-listed Melco International Development and local firm Cyprus Phasouri (Zakaki)...
- Melco-Hard Rock give up on Spain casino, double-down on Cyprus
June 26, 2017
Casino operators Melco International Development and Hard Rock International (HRI) officially closed the door on a Spanish integrated resort project while confirming their Cyprus joint venture. On Monday, the Melco-HRI tandem formally signed a contract to build Europe’s largest brick-and-mortar casino in the Limassol region of the Republic of Cyprus....
- 500.com makes play to acquire China lottery tech firm MelcoLot
May 29, 2017
Online sports lottery technology provider 500.com has made a play to acquire land-based lottery technology firm MelcoLot Ltd. in a bid to diversify its revenue stream. On Monday, the Shenzhen-based, Nasdaq-listed 500.com announced that it had reached a share purchase agreement with Melco LottVentures Holdings Ltd, a subsidiary of Melco...
AGTech inks online lottery deal with China’s Alipay
March 24, 2017
Melco-Hard Rock to open Cyprus gaming venues this summer
April 24, 2017
Melco-Hard Rock temporary Cyprus casino to open in 2017
November 17, 2016