In an apparent effort to boost its standing in the analyst community, Nasdaq-listed Melco Crown Entertainment has been accepted as a member of Nasdaq’s Global Select Market.
The tier within the Nasdaq index was created in July 2006 and has higher standards in terms of company finance and liquidity than for the main bourse.
The company will maintain its existing MPEL ticker.
Melco Crown’s City of Dreams integrated casino resort on Cotai is due to open in the first half of 2009.
It was with an undoubted sense of pride that Philippine gaming regulator PAGCOR announced in August that licensed electronic games...
Asia’s foreigner-only casinos, specifically those located in South Korea and Vietnam, were born with a natural disadvantage – one that...
Former Macau gaming executive David Bonnet takes a closer look at promo delivery across the Asian gaming industry and the...
Inside Asian Gaming takes a look back at IAG EXPO, which continued the tradition of excellence established in recent years...
New Zealand’s SkyCity Entertainment Group said it has formally taken possession of the New Zealand International Convention Centre (NZICC) from Fletcher Construction, providing what it describes as a significant strategic asset for SkyCity and for New Zealand’s tourism and events...
Malaysian casino giant Genting Bhd has confirmed its conditional voluntary takeover offer for subsidiary Genting Malaysia will proceed after acquiring enough shares on the open market to lift its current holding above the 50.0% threshold. Having announced in mid-October its...
Lotte Tour Development reported casino sales of KRW50.4 billion (US$35.2 million) in October, down 4.7% year-on-year and representing one of the few months this year in which sales have fallen. It is also the first time since January that casino...
Cambodia’s gambling regulator and the National Police have suspended the licenses of and ordered closed four casinos in Sihanoukville for the crime of concealment and fraud through technology. The affected casinos, which were shuttered by authorities on Sunday, include two...
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