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Melco bourse exit ‘unfair’ to shareholders, say analysts

SHAREHOLDERS of Melco Resorts and Entertainment (Philippines) Corp. (MRP) stand to lose from the company’s proposed exit from the Philippine Stock Exchange (PSE), as analysts claim that its low tender offer price — just around half its initial share sale price in 2013 — is unfair.

Belle Corp’s earnings up thanks to City of Dreams

BELLE Corp.’s attributable profit expanded by 10% in the three months ending June, driven by higher earnings of the City of Dreams Manila.

Melco revenues end flat in Q2

THE OPERATOR of integrated resort and casino City of Dreams Manila reported flat revenue growth for the second quarter of 2018, weighed down by higher commissions and a change in accounting practices.

City of Dreams operator’s revenue flat in Q2

The operator of integrated resort and casino City of Dreams Manila reported flat revenue growth for the second quarter of 2018, weighed down by...

Melco says City of Dreams Manila generates $649-M revenues in 2017

REVENUES generated by the City of Dreams Manila grew by a third in 2017, following an improvement across all gaming and non-gaming segments within...

Melco revenues up 15.7%

THE developer of City of Dreams Manila grew its revenues by 15.7% in the fourth quarter of 2017, supported by the generally strong performance...

City of Dreams developer reports 47% top line growth in Q2

THE developer of City of Dreams Manila said it grew its top line by 47% in the second quarter of 2017 on the back...