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Tag Archives: Melco Crown

China – Packer steps down as Melco Crown’s co-Chairman

Melco Crown Entertainment’s James Packer has relinquished his role as co-chairman with Crown Resorts selling part of its stake to Macau partner Melco International for $US800m. The deal sees Crown’s share in Melco Crown reduced to 27.4 per cent from 34.3 per cent. Mr Packer will take up a new position as deputy chair of…

China – Melco Crown brings in face recognition from Cognitec

Melco Crown is stepping up its security system to prevent banned individuals from entering its Macau properties City of Dreams and Studio City properties from entering. This is the first time a Macau casino has installed such specialised facial recognition technology created by Cognitec for security measures. In 2015, crimes related to gaming increased by…

China – Studio City limited to 250 tables

The Macau government has authorised Studio City’s gaming operator, Melco Crown Limited, to operate 250 new gaming tables and 1,233 new gaming machines at the Studio City gaming areas. Only 200 gaming tables will be allowed to be open when the curtain is lifted on the Hollywood themed resort. The remaining 50 gaming tables authorised…

China – Melco crown launches Beijing road show for Studio City

Melco Crown Entertainment has launched a three-day Studio City Experience China Roadshow at Parkview Green FangCaoDi in Beijing. Envisioned by Lawrence Ho, the US$3.2bn Studio City is a new cinematically-themed entertainment and leisure destination in Macau that is set to become Asia’s Entertainment Capital, and to take Macau’s entertainment destination proposition to unprecedented new levels….

Philippines – City of Dreams Manila issued licence until 2033

Melco Crown’s City of Dreams Manila has become the first property in Entertainment City to receive the regular gaming license from the Philippine Amusement and Gaming Corporation (PAGCOR) for having met the minimum US$1bn investment under PAGCOR’s regular license requirement. On May 4, 2015, PAGCOR’s President and COO, Jorge Sarmiento presented the regular gaming license…

China – Melco Crown to open Pacha nightclub at Studio City

Melco Crown Entertainment is to open Macau’s first megaclub, Pacha Macau, at Studio City, the cinematically-themed integrated entertainment, retail and gaming resort in Macau. The Hollywood-inspired, gaming and entertainment complex will transport visitors into a stunning cinematic world with awe-inspiring entertainment offerings, delivered by the world’s leading entertainment partners, positioning this new destination resort as…

China – Melco Crown unveils plans for The Boulevard at Studio City

Melco Crown Entertainment and Taubman Asia, a subsidiary of US mall REIT, Taubman Centers, have unveiled plans to deliver a unique, entertainment-centered shopping experience at the highly-anticipated entertainment, retail and gaming resort, Studio City. Envisioned by Lawrence Ho, Studio City is a cinematically-themed entertainment and leisure destination in Macau that is set to become Asia’s…

China – Melco Crown confirms fourth quarter dip

A decline in VIP players and less mass-market gaming saw net income for Macau casino operator Melco Crown Entertainment fall to US$1.12bn in the fourth quarter of 2014, dropping by 19 per cent from last year. The operator said the decline in net revenue was ‘primarily attributable to lower group-wide rolling chip revenues and mass…

Philippines – Melco Crown set for official City of Dreams Manila launch

Melco Crown has confirmed that the official Grand Launch of its new integrated casino resort, City of Dreams Manila, will take place on Monday February 2, 2015. Located at the gateway to Entertainment City, City of Dreams Manila is poised to become the premier leisure and entertainment destination in the Philippines and within the region….