May 4, 2008
Macau is fast overtaking its rival Hong Kong as the fastest-growing area for residential hotel and retail property prices.
One of the largest projects is the US$2.1 billion City of Dreams being built by Leighton Asia, China State and John Holland, on behalf of the Melco PBL development company - owned by Lawrence Ho’s Melco gambling company and James Packer’s Crown group.
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Posted in City of Dreams, Crown Macau, Four Seasons Macau, Grand Lisboa, Marriott Cotai, Sofitel Ponte 16, Venetian Macao 
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April 1, 2008
March 31, 2008
Ahead 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.
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Posted in City of Dreams, Lawrence Ho, Melco PBL No Comments »
March 25, 2008
Hot 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!
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Posted in Macau Casino No Comments »
March 25, 2008
Hot 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
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Posted in City of Dreams, Crown Macau, Galaxy Entertainment, James Packer, Lawrence Ho, Melco PBL, Stanley Ho, Theatre of Dreams No Comments »
March 16, 2008
Celine Dion didn’t disappoint fans last night at the Venetian Macao’s arena. The 15,000 seat venue was crammed with locals as well as many that traveled from Hong Kong and the mainland to see the “Taking Chances” tour.
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Posted in Cotai Strip, Entertainment, Macau Events, Macau News, Venetian Macao No Comments »
January 17, 2008
Melco 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.
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Posted in City of Dreams, Crown Macau, James Packer, Macau Business, Melco PBL No Comments »
January 10, 2008
Investor Update Fourth Quarter 2007
Quarterly Highlights
* US$43.1 million in new acquisitions announced
* 101% of Company’s equity now committed
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Posted in Condominium, Design & Construction, Development, Infrastructure, Macau Business, Macau General, Macau Property, Macau Success, Social and Politics, eSun No Comments »
