Melco Crown Entertainment is a developer, owner and operator of casino gaming and entertainment resort facilities in Asia. Our Company operates our superbly designed and managed facilities through our subsidiary Melco Crown (Macau) Limited, one of the only six companies granted concessions or subconcessions to operate casinos in Macau.
On December 19, 2006, our Company listed on NASDAQ under the ticker symbol "MPEL", successfully raising in excess of US$1.14 billion in the process. According to Renaissance Capital and IPOhome.com, this ranked as the fourth largest IPO in the US in 2006. On December 7, 2011, our Company began its dual-listing on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 6883. The listing of the shares on The Stock Exchange of Hong Kong Limited was voluntarily withdrawn on July 3, 2015.
Through the implementation of innovative products and services and by working hand-in-hand with globally renowned brands, our Company intends to offer the best entertainment experience that aims to appeal to a broad spectrum of customers and thereby become the leader of Macau's gaming industry. In this endeavor, we have a number of projects currently underway or planned in the region.
Altira Macau is a luxurious and contemporary hotel and casino delivering a world-class experience. It offers one of the most exclusive and elegant accommodations in Macau, providing the ultimate experience in fine dining and attracting discerning, high-end gaming patrons.
City of Dreams is a must-see integrated urban entertainment resort that combines electrifying entertainment, stylish nightclubs, top-notch dining, designer brand shopping, a spacious and contemporary casino, as well as the spectacular The House of Dancing Water. In addition to the amazing array of accommodation options that currently offers approximately 1,400 guest rooms, the fifth hotel tower at City of Dreams is progressing as planned and is anticipated to open in the first half of 2017. Collaborating on the design with the award winning, internationally renowned architect, Dame Zaha Hadid, our new hotel tower will add a truly iconic landmark to Macau, further extending City of Dreams’ leading position at the premium end of the market.
Besides the kaleidoscope of never-been-seen-before attractions, City of Dreams strives to offer the very best in urban-inspired leisure and entertainment, including Taboo, the first Cabaret-style show in Macau; and Splash, a pool party series with all-day all-night live music. It also held exclusive events including Viva Fiesta, a ground-breaking water extravaganza featuring the China National Diving Team, National Synchronized Swimming Team and acclaimed singers; and the international illusion master Franz Harary’s inaugural performance in Macau.
To provide instant electronic gaming fun, our Company offers Mocha Clubs, which comprise the largest non-casino based operations of electronic gaming machines in Macau, offering machine-based gaming entertainment in a cafe-style setting.
The Hollywood-themed studio-concept resort, Studio City, is a thrilling new cinematic inspired entertainment and leisure destination. It is designed to be the most diversified entertainment offering in Macau, with more world-class entertainment amenities than any integrated resort in the market, representing the pinnacle of entertainment-driven leisure destination experiences in Asia.
When completed later in 2015, Studio City's stunning Art-Deco facade will feature an iconic "Golden Reel" gondola ride which straddles the resort's two-tower hotel at a height of some 130 meters. The integrated resort's other innovative entertainment offerings also include Batman Dark Flight, a Warner Bros. Batman-themed motion ride; The House of Magic, a magic theatre which offers guests an incredible live magical experience showcasing the world's greatest magicians; Warner Bros. Fun Zone, a family entertainment center for kids filled with Warner Bros.' and DC Comics' franchise characters and play-rides; Studio City Event Center, a 5,000-seat multi-purpose entertainment center designed to host live concerts, theatrical and sporting events; Studio 8. a 300-seat live-audience TV broadcast studio for reality and game-show productions distributed in the Asia region; and Pacha Macau, which will bring Ibiza-style nightlife to Macau for the very first time and will be electrifying Macau's burgeoning club scene.
Beyond Macau, City of Dreams Manila opened its doors to the public in December 2014 and marked the formal entry of Melco Crown Entertainment into the fast-growing and dynamic tourism industry in the Philippines. The new integrated casino resort at Entertainment City, Manila Bay, Manila, is operated and managed by its subsidiary Melco Crown (Philippines) Resorts Corporation.
With six hotel towers including Crown Towers hotel, Nobu Hotel and Hyatt City of Dreams Manila, the resort has a sound strategic mix of hotel brands – from celebrity-inspired lifestyle for trendsetting leisure and business travelers, a luxurious casino hotel experience for VIP’s, to unparalleled services and facilities for MICE and premium business guests. The integrated resort also features three distinctive entertainment venues, including the world’s first DreamPlay, a DreamWorks-inspired “Edutainment” center; CenterPlay, a live performance central lounge inside the casino; and world-renowned night club brands Pangaea and Chaos situated at the Fortune Egg, an architecturally-unique dome-like structure, which will be accented with creative exterior lighting design. It is expected to become an iconic landmark of the Manila Bay area.
Together with numerous specialty restaurants and bars, gaming facilities, a multi-level car park, and three distinctive entertainment venues, City of Dreams Manila will meaningfully enhance Manila’s tourism diversity and elevate the hospitality service excellence in the city.
