Articles About Melco Crown

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The World’s Biggest Casinos: More of the Bold and the Baffling (part 2)

The World’s Biggest Casinos: More of the Bold and the Baffling (part 2)

Frederick H. August 15, 2015 16:30:49

The World’s Biggest Casinos have the power to attract millions of visitors at any given time, thanks to their immense gaming offers and other non-gambling services. Decades ago, when the fate of casinos first came into jeopardy, financiers were able to halt their extinction by using high-return bonds. The process proved risky, but everyone on […]

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Phyllis F. May 13, 2015 08:48:42

Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Phyllis F. May 13, 2015 08:48:42

Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]

Fast-Paced Macao Gambling Hub Slows Down as Casino Earnings Fall

Fast-Paced Macao Gambling Hub Slows Down as Casino Earnings Fall

Phyllis F. January 6, 2015 08:54:01

Following the plunge in revenues, Melco Crown may quit the HK stock exchange. The gambling enclave lost almost $100 billion of market value during the Chinese government’s clampdown on corruption. With revenues falling to 30.4% in December, 2013 ended badly for the gaming industry in Macau. This was the seventh month in a row where […]

How Casinos Are Turning Retailing into a Multi-Million Dollar Business

How Casinos Are Turning Retailing into a Multi-Million Dollar Business

Phyllis F. December 8, 2014 22:27:08

As casino gambling revenues dip gaming operators are building huge brand name retail outlets to boost sales. In the era of decreased gambling revenues in Macau, one Macanese casino has turned to merchandising. This may turn out to be the solution to up revenues and get the owners of Macanese poker rooms back on their […]

3 Reasons Macau Casino Industry Must Adapt to Survive

3 Reasons Macau Casino Industry Must Adapt to Survive

November 25, 2014 13:40:57

Macau casino revenue has declined for five straight months. While politics on the mainland are partially to blame, casinos should update their business model. Macau is far away the preferred destination for gamblers, with annual casino revenue lapping Las Vegas several times over ($45 billion to $6.2 billion) in 2013. Shimmering mega-casinos like the Venetian […]

Japan Should Recall its Long History and Opt to Legalize Casino Gambling

September 25, 2014 18:41:37

Japan has always effectively balanced acceptance of modern realities with staying true to its national culture. It can do the same while allowing casinos to operate in the country. The Asian island nation of Japan is one of the world’s oldest and most proud civilizations. Once an isolated kingdom of peasants, then a mighty empire, […]

South Korea Looking to Draw Chinese High-Rollers with New Casino Resorts

South Korea Looking to Draw Chinese High-Rollers with New Casino Resorts

Monica E. August 11, 2014 08:55:18

Paradise Co. and Sega Sammy Holdings will start building South Korea’s first integrated casino resort in October. All Asian countries with legal gambling seem to have a very specific target these days: Chinese players. And South Korea, a country where the casino industry is growing, is no exception. With no Chinese casinos on the mainland, […]

Genting BHD Plans Expansion into Spain after Great Results in Hong Kong Casino

Genting BHD Plans Expansion into Spain after Great Results in Hong Kong Casino

Toni July 28, 2014 13:15:39

Hong Kong division of the popular casino group records massive earnings, propelling the parent company to invest in other territories. In the first half of 2014, Genting Hong Kong posted a staggering $180 million profit. This figure marks a Substantial increase from the same time a year before, when results showed profits of only $23 […]

Major Casino Developers Eager to Join the $40 Billion Japanese Casino Market

Major Casino Developers Eager to Join the $40 Billion Japanese Casino Market

Monica E. July 8, 2014 12:59:45

If Japan decides to introduce casinos, the country’s gaming market could be worth as much as $40 billion a year. Wayne Duggan, author of Beating Wall Street with Common Sense and an investor owning shares of Melco Crown Entertainment, has good news for the Japanese market. In an article published by The Motley Fool, Duggan […]

World Cup Betting Madness Brings Down Macau Casino Profits

World Cup Betting Madness Brings Down Macau Casino Profits

Monica E. July 3, 2014 11:35:46

Macau’s winning streak is over, as revenues decline for the first time in more than four years. Located in the perfect spot to attract gambling-thirsty Asian players and offering all the luxury you can ask for, it only took Macau a few years to surpass Las Vegas and become the world’s most popular gambling destination. […]

Will the Japanese Casino Talks Lead to Eventual Gambling Legislation?

Will the Japanese Casino Talks Lead to Eventual Gambling Legislation?

Iva P. June 20, 2014 20:16:06

The gambling bill debate in Japan started officially this week and the initial plan was that gambling will be allowed in the country by the end of this summer legislative session on June 22nd, but all investors and casino lovers might have to wait a bit more. Naturally, investors were the most impatient actors, as […]

Melco Crown Profit Driven by Premium Mass-Market Gamblers

Melco Crown Profit Driven by Premium Mass-Market Gamblers

May 8, 2014 16:48:53

Premium mass-market gamblers are perfect for casinos because they wage large amounts without demanding comps from the house. Melco Crown, the Macau casino venture of Australian billionaire James Packer and local Lawrence Ho beat revenue estimates for the first-quarter of 2014, pulling in pre-tax revenue of $387.5 million. While Macau poker rooms and casinos are […]

Giant Casino Developers to Battle it out for the Queensland Casino Project

Giant Casino Developers to Battle it out for the Queensland Casino Project

Alex Nevsky April 1, 2014 18:25:30

Brisbane and Queensland will receive new casino properties, with the bidding process already commenced. Brisbane Queens Wharf development area will get a brand new casino operating under Australian gambling laws soon. There already have been four official expressions of interest shown in the project. The potential bidders include Lend Lease, Crown, Echo Entertainment and Greenland […]

The Asian Casino Tiger: Japan on the Verge of Legalization

The Asian Casino Tiger: Japan on the Verge of Legalization

February 13, 2014 17:42:09

Investors line up as Japan looks ready to lift ban on casino gambling The center of global casino gambling has shifted eastward, and we definitely don’t mean Atlantic City. With Europe stagnating and American casino revenues on the decline, Asia represents the most exciting emerging market for investors and one of the few regions where […]