Melco PBL Entertainment (Macau) Limited (NASDAQ: MPEL), a developer and owner of casino gaming and entertainment resort facilities, today confirmed that it is expecting Ama International Limited to commence operations at Crown Macau in mid-December.
On November 9, MPEL announced that one of its subsidiaries, Melco PBL Gaming (Macau) Limited ('MPBL Gaming'), had entered into a Gaming Promotion agreement with Ama, a gaming promoter licensed by the Macau government.
Ama has agreed to exclusively promote VIP gaming business at Crown Macau under the Gaming Promotion agreement. Ama has also entered into agreements with a number of collaborators under which a significant majority of their existing VIP business will become consolidated under the Gaming Promotion agreement.
The previously announced reconfiguration of Crown Macau is now complete. The reconfiguration is designed to accommodate the additional VIP gaming volumes expected to be generated by Ama.
About Melco PBL Entertainment (Macau) Limited
Melco PBL Entertainment (Macau) Limited is a developer, owner and through its subsidiary, Melco PBL Gaming (Macau) Limited, an operator of casino gaming and entertainment casino resort facilities. MPBL Gaming is one of six companies granted concessions or sub-concessions to operate casinos in Macau.
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