Melco Crown (Philippines) Resorts Corporation, with its shares listed on the Philippine Stock Exchange (PSE: MCP), is a subsidiary of Melco Crown Entertainment (NASDAQ: MPEL), which is a developer, owner and operator of casino gaming and entertainment resort facilities in Asia.It currently operates and manages City of Dreams Manila, an integrated resort in Manila, on an approximately 6.2 hectare site at the gateway to Entertainment City, Manila. Opened in December 2014, the complex includes the ultimate in entertainment, hotel, retail and dining, an incredibly diverse and cosmopolitan collection of contemporary leisure and lifestyle experiences with aggregated gaming space, including VIP and mass-market gaming facilities.
Melco Resorts and Entertainment Philippines is set to automatically delist from the Philippine Stock exchange as of Tuesday after falling below the minimum threshold of public ownership for more than six months. Melco Resorts Philippines, operator of City of Dreams Manila, in September last year, first announced plans to delist from the stock exchange and […]
Melco Resorts and Entertainment Philippines on Thursday announced it will be implementing an equity restructuring by reducing the number of shares to increase its value. In a filing to the Philippine Stock Exchange, Melco said its board of director has approved a measure that will see the number of shares go from 5.9 billion shares […]