Examples of Melco Crown Gaming in a sentence
Pursuant to the approval notices issued by Macau Government dated June 7, 2007, Melco Crown Gaming has been exempted from Macau Complementary Tax on income generated from gaming operations for five years commencing from 2007 to 2011 and will continue to benefit from this exemption for another five years from 2012 to 2016 pursuant to the approval notices issued by Macau Government in April 2011.
The undertaking given by the Company is to ensure that a contingent contribution of up to a maximum amount of HK$972,500,000 (US$125,000,000) will be provided, upon request of the facility agent acting on behalf of the lenders, to pay contingencies (if any) associated with the construction of the City of Dreams project of Melco Crown Gaming in the absence of other available funding for completion of the project.
The 1,000,000 class A shares carry 10% of the total voting rights in Melco Crown Gaming.
In March 2012, K&L Gates served a writ of summons against Melco Crown Gaming, claiming that Mr. Aggarwal had effected bank transfers directly from client accounts to Melco Crown Gaming and requesting an order that Melco Crown Gaming pay back these sums plus interest, among other forms of relief.
The recovery time is almost immediate for τ = 0.16ms, and about 2ms for τ = 1ms.
In January 2011, Melco Crown Gaming was served with a civil action complaint filed by Ama, claiming contractual breach of the terminated gaming promotion agreement and unfair competition at Altira Macau, and seeking damages and other relief.
Melco Crown Gaming (Macau) Limited, incorporated in Macau Special Administrative Region of the People’s Republic of China 6.
As a result, there are currently six casino operators in Macao, namely SJM, Galaxy, Wynn, Venetian, MGM Grand Paradise, S.A. (MGM), and Melco Crown Gaming (Macau) Ltd.
On 5 September 2007, the Company has given an undertaking in connection with the HK$13.65 billion (US$1.75 billion) loan facilities obtained by Melco Crown Gaming (Macau) Limited (“Melco Crown Gaming”, formerly known as Melco PBL Gaming (Macau) Limited), a subsidiary of Melco Crown Entertainment.
Melco Crown Gaming (Macau) Limited is one of six companies licensed, through concessions or sub- concessions, to operate casinos in Macau.MCE currently operates Altira Macau (formerly Crown Macau), a casino hotel located at Taipa, Macau and City of Dreams, an integrated casino entertainment resort development in Cotai, Macau.