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Tag Archives: Melco International

China – Profit surges by 41 per cent at Melco International

The power of the Macau casino sector helped Melco International to significant financial growth with first half profit increasing 41 per cent to HK$576.9m, compared with HK$408.4m  last year. Core gaming and Macau business units under its major associate Melco Crown Entertainment Limited delivered strong net revenue and Adjusted EBITDA growth of 24 per cent…

Russia – Melco to own just five per cent of Primorye’s Oriental Regent

Melco International Development has now confirmed its financial commitment to the Russian gaming zone to take shape in the far eastern Primorye Region close to Russia’s border with China. It has also confirmed it will own just five per cent of the project. It said it would invest HK$514.1m in a 51 per cent stake…