Tag Archives: Melco International
- Melco a shoe-in as NagaCorp drops out of Cyprus casino license derby
September 28, 2016
Lawrence Ho’s Melco International Development has emerged as the clear favorite to win the lone Cyprus casino license after Cambodia’s NagaCorp dropped out of the race. In a statement to the Hong Kong Stock Exchange on Wednesday, NagaCorp said that “after careful review and given all the latest information available...
- Spain casino bid delays lead to MelcoLot share deal cancellation
June 16, 2016
Hong Kong-listed MelcoLot Ltd and Melco International Development Ltd are cancelling a share deal amid delays regarding its tender process to operate a casino near Barcelona, Spain. In a joint statement, the two companies announced they are terminating the deal that would have seen Melco International and related parties increase...
- Asian firms rule Cyprus casino shortlist
February 28, 2016
Officials in the Greek-controlled southern half of Cyprus have reportedly narrowed down their casino applicant shortlist to three operators, all of which have Asian ties. This weekend, Cypriot media outlet Politis reported that the government bodies overseeing the competition to build the lone casino in southern Cyprus had identified the...
- Melco folds on Georgia casino plans
February 11, 2016
Lawrence Ho is giving up on his gaming interests in former Soviet Republic Caucasus, Georgia. Melco International Development Ltd., in a joint statement with its unit MelcoLot Ltd., announced Wednesday that its plan for a casino deal agreement in Georgia will not proceed. The decision came after MelcoLot failed to...
- Melco Barcelona casino bid could face delays
January 13, 2016
Lawrence Ho’s pursuit of a casino license in the Spanish city of Barcelona may be held up. Ho controlled companies Melco International Development Ltd. and MelcoLot Ltd., in its filing to the Hong Kong Stock Exchange last week, announced that the second-phase tender process for its bid for a casino...
- Melco goes solo on Spain casino license bid
October 12, 2015
Casino operator Melco International will carry on with its solo bid for a Spanish casino license. In August 2014, Melco International filed two bids to build and run one of the six casinos of the $6b BCN World resort in Catalan. One was an individual bid through its subsidiary Melco Property...
Lawrence Ho unloads $21.3M shares in Summit Ascent
September 15, 2017