April 1, 2008PBL Entertainment (Macau) Limited topped out the Hard Rock hotel and the main podium of its mega-project City of Dreams in Cotai, Macau today.
Posted in City of Dreams, Cotai Strip, Crown Towers, Grand Hyatt Cotai, Hard Rock Hotel, Hard Rock Macau, James Packer, Lawrence Ho, Melco PBL 
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March 31, 2008Ahead of it’s City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the the news that casino operator Melco International Development Ltd. said Monday that its 2007 net profit fell 5 percent because of a one-off gain in the previous year.
The Hong Kong-listed company said its net profit in the 12 months ended Dec. 31 was HK$2.69 billion (US$346 million; ?219 million), down from HK$2.84 billion in 2006.
Posted in City of Dreams, Lawrence Ho, Melco PBL No Comments »
March 25, 2008Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packer’s Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume!
City of Dreams Complex
Posted in City of Dreams, Crown Macau, Galaxy Entertainment, James Packer, Lawrence Ho, Melco PBL, Stanley Ho, Theatre of Dreams No Comments »
February 4, 2008Melco PBL Entertainment (Macau) Limited, a developer and owner of gaming and entertainment resort facilities, announced that its luxury hotel and casino “Crown Macau“, has won the “Best Casino Interior Design Award” in the 1st “International Gaming Awards 2008″ recently held in London, UK.
Posted in Asia Casinos, Crown Macau, James Packer, Lawrence Ho, Macau Business, Macau Casino, Melco PBL No Comments »
November 29, 2007A strong relationship with the government and a new direction for the Crown Macau is upholding the confidence of Melco PBL Entertainment’s CEO, Lawrence Ho, in the company’s future in Asia’s Las Vegas.
Earlier this month Melco PBL announced a USD142 million loss for the nine months ending September 30. The third quarter saw the company lose USD45.2 million, five times the loss sustained in the same period last year.
Posted in City of Dreams, Cotai Strip, Crown Macau, Lawrence Ho, Melco PBL, Theatre of Dreams No Comments »
November 23, 2007Nine days after registering his presidential exploratory committee last November, Rudolph Giuliani appeared in Singapore to help a Las Vegas developer make a pitch for a $3.5 billion casino resort. Though the bid ultimately failed, and there was nothing illegal about the involvement, it drew Giuliani into a complex partnership with the family of a controversial Hong Kong billionaire who has ties to the regime of North Korea’s Kim Jong Il and has been linked to international organized crime by the U.S. government.
Giuliani’s participation as a security consultant in the Singapore gambling venture illustrates the challenge he faces while attempting to win the Republican presidential nomination with a law-and-order message while maintaining a far-flung, international business portfolio, an unknown portion of which remains in the shadows.
Posted in James Packer, Lawrence Ho, Macau Casino, Melco PBL, Pansy Ho, Stanley Ho No Comments »
November 21, 2007Melco PBL Entertainment (Macau) Limited, a developer and owner of casino gaming and entertainment resort facilities focused exclusively on the Macau market, today reported financial results for the third quarter and nine months ended September 30, 2007. Lawrence Ho, Chief Executive Officer and Co-Chairman of Melco PBL Entertainment, commented, “The third quarter was a transitional period for Crown Macau as the property became fully activated from late July.
Hold adjusted property EBITDA has grown each month during the third quarter, and we are excited by our continued progress in expanding the business. VIP rolling chip volume has shown excellent growth, progressing from US$1.375 billion in July to over US$2.5 billion for the month of October. Based on our estimation for the month of October, Crown Macau’s combined VIP and mass table game market share of the whole market was approximately 8%, continuing the positive growth trend and despite the introduction of a major new entrant into the market.
Posted in City of Dreams, Crown Macau, James Packer, Lawrence Ho, Macau Casino, Melco PBL, Theatre of Dreams 1 Comment »
November 8, 2007Melco PBL Entertainment (Macau) Limited, a developer and owner of casino gaming and entertainment resort facilities focused exclusively on the Macau market, has today provided the following update on its City of Dreams casino development in Cotai.
Land Concession
Our subsidiaries Melco PBL (COD) Developments Limited (“MPBL (COD) Developments”) and Melco PBL Gaming (Macau) Limited (“MPBL Gaming”) recently received an offer letter from the Land, Public Works and Transport Bureau (“DSSOPT”) of the Macau Special Administrative Region of the People’s Republic of China (“Macau SAR”) for a land lease agreement to be entered into with the Macau SAR for the two adjacent land parcels on Cotai that comprise the City of Dreams site.
Posted in City of Dreams, Cotai Strip, Lawrence Ho, Macau Business, Macau Casino, Melco PBL No Comments »
