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 21, 2008Melco PBL Entertainment Ltd., a developer and owner of casinos and resorts in Macau, said Tuesday its fourth-quarter loss narrowed, helped by results from its Crown Macau casino.The company’s quarterly loss narrowed to $36.5 million, or 3 cents per share, compared with a loss of $53 million, or 5 cents per share in the prior-year quarter. Analysts polled by Thomson Financial expected a break-even results.
Revenue rose to $179.8 million, from $17.9 million last year. Crown Macau revenue totaled $153.6 million.
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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 »
January 18, 2008It appears that investors have for the last 3 months have been seriously dumping Macau Casino related stocks, you just have to look at the numbers below to give you some indication. The question remain will they ever recover again to previous highs? It may be a blessing in disguise that Stanley Ho’s IPO has been blocked after all!
Read full story :: Macau Related Casino Stocks Dropping Over 55%
Posted in James Packer, Las Vegas Sands, MGM Mirage, Melco PBL, Sheldon Adelson, Stanley Ho, Wynn Resorts No Comments »
January 17, 2008Melco PBL continues to lose favour with investors, having lost 50 per cent of its value in the past three months. The slide continued in the US, when the shares fell a further 3.8 per cent to close at $US9.95, slightly above a record low $US9.49 last Tuesday.
The fall has been attributed to various factors including uncertainty surrounding predicted earnings due to a flurry of casino and hotel openings squeezing revenues, a $US400 million ($452 million) shortfall in development funds, and fears of Chinese authorities changing gambling policies arbitrarily, according to the Sydney Morning Herald yesterday. Melco PBL has also delayed the final purchase of the land for the third project on the Macau Peninsula, Trinity, and says it is unlikely to secure the land until the middle of this year.
Posted in City of Dreams, Crown Macau, James Packer, Macau Business, Melco PBL No Comments »
December 10, 2007MGM Grand Macau is nearly ready for the 18 December 2007 Grand Opening!
My rough camera video shoot of MGM Grand Macau
Posted in Arc De Triomph, MGM Grand Macau, Macau Casino, Melco PBL, Trinity Macau, Wynn Macau No Comments »
