Tag Archives: Studio City
- 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...
- Wynn Palace’s walls close in; Tak Chun launch Studio City VIP Club
November 23, 2016
Casino operator Wynn Resorts is revamping the gaming floor of its new Wynn Palace property in Macau in a bid to boost excitement among mass market gamblers. Morningstar Inc analyst Dan Wasiolek issued a report on Monday that claimed Wynn Palace’s disappointing performance to date was in part due to...
- Melco Crown shakes up senior management after COO exit
November 9, 2016
Casino operator Melco Crown Entertainment (MCE) has shaken up its senior management ranks following the resignation of its chief operating officer. On Tuesday, MCE announced that COO Ted Chan had resigned “for personal reasons” after nearly five years in the role. The company said it doesn’t intend to appoint a...
- Macau’s Studio City kicks off VIP operations in November: report
November 2, 2016
Macau casino resort Studio City is gearing up to start operating its VIP gaming facilities, according to Melco Crown Entertainment. A spokesperson for the casino operator, which holds a 60-percent equity interest in the integrated resort, told GGRAsia that they will “start our in-house VIP business on November 5, while the...
- Macau looking over Studio City’s VIP gaming tables bid: report
October 19, 2016
Casino operator Melco Crown Entertainment is reportedly seeking to put VIP gaming tables at its Studio City property in Macau. The city state’s Gaming Inspection and Coordination Bureau (DICJ) confirmed to GGRAsia that it has received an application from Melco Crown “to open new [VIP] gaming tables in Studio City.”...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Melco Crown preps rebirth as Melco Resorts & Entertainment
March 17, 2017