Melco shares ‘may rise 50% in few years’
The shares of Macau casino operator Melco PBL Entertainment could rise over 50 per cent in a few years as China indulges its love of gambling, a report says.
Related Gambling News:
- Melco PBL May Double in Three Years on Gaming, Barron’s Says
- Melco Set to Open Its 1st Macau Casino
- UPDATE: Melco, PBL Withdraw Bid For Singapore Casino
- 2nd UPDATE: Melco, PBL Withdraw Bid For Singapore Casino
- Listing concerns halt Melco trading
- PBL places Macao bet with Melco
- Melco-PBL to buy out Macau slots firm for $32 mln
- PBL, Melco withdraw bid for Singapore casino
- Melco PBL files $1 bln IPO for Macau casinos
- IPO REPORT: Melco PBL Files $1 Bln IPO For Macau Casinos
- Publishing & Broadcasting, Melco Withdraw Casino Bid
- Melco, Publishing & Broadcasting Withdraw Casino Bid
Gambling casinos info:
- Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15. - 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel. - The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
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