Saturday, September 19, 2020

Tag: Crown Melco Entertainment

Crown reduces stake in Melco Crown Entertainment by $800m

Meclo Crown Entertainment, Melco, Crown, James Packer
After over 10 years as an equal partner in Melco Crown Entertainment, Crown Resorts has scaled back its investiture in the Asian operator.   Australia’s Crown Resorts has substantially reduced its stake in Asian casino operator, Melco Crown Entertainment (MCE). Crown Asia Investments - a wholly owned subsidiary of the Australian company - announced last month that it would be reduce its...

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