Boston, MA 05/29/2014 (wallstreetpr) – Melco Crown Entertainment Ltd (ADR)(NASDAQ:MPEL), owned by an emeritus Australian billionaire – Mr. James Parker and an entrepreneur based in Hong Kong, Mr. Lawrence Ho, primarily caters to the casino gaming and entertainment industry, panned across myriad resorts throughout distinct locations across the continent of Asia.
MPEL’s City Of Dreams Venture!
The company has set forth myriad ambitious plans; MPEL expects to design and develop a brand new hotel tower project in Macau. The design assistance shall be obtained from an award winning professional architect– Dame Zaha Hadid.
MPEL disclosed renditions and images of the designs that is deemed to be incorporated into the hotel tower, and further revealed that the company hopes to work with some renowned celebrity, anxiously looking forward to prospering in this business regimen.
Sharing Views
The CEO of MPEL, Lawrence Ho, is overtly excited with the exotic designs maneuvered by the architect Dame Zama Hadid and promulgates the services, anticipating that the tower would be an exotic architectural marvel, when holistically complete in Macau, and would serve as an iconic landmark! Dame Zaha Hadid candidly reverted that she and here aides are equally excited and delighted about the prestigious project!
Focused On Japan – Mission Olympics 2020!
Further, Melco Crown Entertainment Ltd (ADR)(NASDAQ:MPEL) a pioneer of casino gaming across Asia is looking forward to investing more than $5 billion across the provinces in Japan, aiming to open a number of casino parlors, provided the country lifts the existing exercised ban on casino business endeavors across the precincts of Japan! In all likelihood, there are possibilities that the government may lift the ban towards the onset of July, 2014.
MPEL Solicits For Jap’ Government’s Nod!
The government is contemplating on the lift and rightly so, in Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)’s perspective! If the ban is lifted, MPEL expects to accomplish and start with the projects ahead of the upcoming 2020 Summer Olympics that is slated to be held in Tokyo. The idea is to attract huge traffic to the casino parlors from across the world during the Olympics, especially; in such a case, the lift in ban shall shower as a harbinger to a mutually benefiting association between MPEL and the government, in terms of counting on revenues from the brainchild Tokyo/Osaka based MPEL projects!
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is mulling on venturing into the Philippines’ later in 2014 with casino-cum-resort projects!
