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Stock Market & Financial Investment News

News Breaks
March 14, 2013
10:57 EDTMPELMelco Crown, Belle Corp finalize $1B partnership, Macau Business reports
Melco Crown (MPEL) and Philippine group Belle Corp have formed a partnership for a $1B gaming complex at Manila Bay, Macau Business reports. This will be Melco Crown's first venture outside of Macau, and the company will be responsible for operating the casino resort. Reference Link
News For MPEL From The Last 14 Days
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January 18, 2015
16:07 EDTMPELMacau junket operator reduces operations, Bloomberg says
As China’s anti-graft drive reduces customer traffic in Macau, David Group, a junket operator that serves higher-spending casino customers, is closing some rooms in the city, says Bloomberg. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Crown (MPEL). Reference Link

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