ï»¿Melco Crown Delists on Hong Kong Stock Market
Melco Crown is one of just six operators licensed to supply casino gambling in Macau.
Melco Crown Entertainment, a major casino operator with holdings in Macau and throughout Asia, has announced they plan to delist their share from the Hong Kong stock market.
According to the company, the move is being made because there was little volume of trade in their stock on the trade, and consequentially, very little possibility to raise additional equity there.
Since there are regulatory burdens and other expenses linked with keeping a stock listed on the exchange […]
ï»¿Caesars at War with Investors Over $24 Billion Debt
Caesars CEO Gary Loveman says their business will not be held hostage by speculators.
The battle between Caesars Entertainment as well as its bondholders was ramped up a notch this week as the casino giant filed a lawsuit against a portion that is large of investors, claiming they’ve been attempting to impede the company’s efforts to restructure its financial obligation process, a lightning link slot play online process that is important to avoid bankruptcy.
Despite being the best-known casino business in the world, Caesars’ long-term financial obligation […]
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