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Tag Archives: Melco-entertainment

China – Melco viert een bouwmijlpaal met de topceremonie van Studio City Phase Two

Melco Resorts & Entertainment, a leading global developer, owner and operator of integrated resort facilities, today held a topping out ceremony and unveiled the design concept for the highly anticipated Studio City Phase 2, scheduled to complete before end of December 2022. The Ceremony was hosted by Lawrence Ho, Chairman and CEO of Melco Resorts…

China – Melco hopes for ‘smooth road’ ahead with no new COVID cases in 144 days

Melco Resorts’ revenues for the second quarter of 2020 were US$0.18bn, representing a decrease of approximately 88 per cent from US$1.46bn for the comparable period in 2019. The decrease in total operating revenues was primarily attributable to softer performance in all gaming segments and non-gaming operations as a result of the COVID-19 pandemic, which resulted…

Cyprus - Melco heropent casino's in Cyprus en de locatie in Larnaca zal het vliegveld verlaten

Cyprus Casinos ‘C2’, the first and only authorised casinos in the Republic of Cyprus, has welcomed back guests to its gaming floors on June 13 to a safe and pleasant environment, closely adhering to all the relevant guidelines issued by the Minister of Health. Guests can once again experience their favourite games and the highest…

Japan – Melco remains focused on winning Yokohama licence despite COVID-19 slowdown

Despite its Q1 revenues being savaged by the effects of the COVID-19 pandemic with a US$364m loss, Melco Resorts has said it won’t be pulling out of the race for an integrated resort in Yokohama like rival operator Las Vegas Sands. Revenue was down 40 per cent across the board to US$964m, with EBITDA down…

Cyprus – Melco opent het vierde satellietcasino op Cyprus met de opening van Paphos

Melco Entertainment's Cyprus Casinos (C2) heeft zijn vierde satellietcasino op Cyprus geopend met het debuut van een speelvloer met 50 slots in Geroskipou, Paphos. C2 Casinos-president Craig Ballantyne zei: “We zijn verheugd om ons vierde en laatste satellietcasino te lanceren, na de opening van C2 Limassol, het eerste casino met licentie op de...

Australia – Coronavirus scuppers Melco’s deal for more shares in Crown

The threat of the coronavirus has scuppered its first merger and acquisition deal with Melco Entertainment axing plans for a second purchase of a 9.99 per cent share in Australian casino operator Crown with the closure of Melco’s Macau casinos and the fall in the tourism sector being blamed. The total planned purchase, announced last…

Japan – Ho schat de kosten voor het bouwen van een grootstedelijke IR in Japan op meer dan 10 miljard dollar

In an interview with Bloomberg, Lawrence Ho, Melco Resorts & Entertainment Chairman and CEO, has pitched the cost of building a metropolitan IR in Japan at being upwards of US$10bn. Mr. Ho said: “To build the greatest and most amazing IR in the world in Japan needs to be situated in a city where the…

Cyprus – Cyprus Gaming and Casino Supervision Authority neemt geen risico met junkets

De Cyprus Gaming and Casino Supervision Authority heeft drie verschillende bedrijven aangemeld om controles uit te voeren op internationale junket-exploitanten voordat ze mogen samenwerken met City of Dreams Mediterranean. Het 500 m grote resortcasino dat in 2021 op Cyprus wordt geopend, zal worden gerund door Melco Resorts & Entertainment, een bedrijf dat ...

Cyprus – City of Dreams Mediterraan om de afhankelijkheid van het eiland van het zomertoerisme te verminderen

City of Dreams Mediterranean wil elk jaar 300,000 toeristen naar Cyprus trekken na de voorgestelde opening eind 2021, waardoor het eiland minder afhankelijk wordt van seizoenstoerisme. Craig Ballantyne, Property President van City of Dreams Mediterranean en Cyprus Casinos, zei: “Met de opening van het Integrated Casino Resort willen we aantrekken…