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BELLE AND MELCO CROWN

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abtest

Casino builders eye ways to avoid tax hike effects

By Neil Jerome Morales | May 2, 2013 - 12:00am

Integrated casino developers at the 120-hectare Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor) along Manila Bay are looking at ways to avoid the adverse effects of the 30 percent income...

Headlines

Melco sets offer price at P14

By Neil Jerome C. Morales | April 25, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. has priced its offer shares at P14 each,  allowing it to raise $377 million to help finance a $1.3-billion integrated casino complex...

Business

Melco Crown unit hikes capital to P5.9 B

By Neil Jerome Morales | April 11, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. has secured the approval of corporate regulators for an increase in its capitalization.

Business

Local Melco Crown unit raises P2.16 B

By Neil Jerome C. Morales | April 10, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. has raised more than P2 billion from the sale of treasury shares.

Business

Melco names former Genting exec to lead Phl operations

By Neil Jerome C. Morales | April 1, 2013 - 12:00am

Macau-based casino giant Melco Crown Entertainment Ltd. has appointed a former executive of Genting Malaysia Berhad to lead its Philippine operations.

Business

Melco unit to sell $400-M shares

By Neil Jerome C. Morales | March 22, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is tapping the equities market to raise $400 million through a share sale.

Business