Melco PBL Entertainment Announces NASDAQ Listing
NEW YORK, NY, December 22, 2006. Melco PBL Entertainment (Macau) Limited's CEO and co-Chairman Lawrence Ho and co-Chairman James Packer, celebrated the company's listing on the NASDAQ stock market December 19th in New York City. Melco PBL Entertainment (Macau) Limited ("Melco PBL Entertainment") is a developer, owner and operator of casino gaming and entertainment resort facilities focused exclusively on the rapidly expanding Macau market. The company, whose shares trade on NASDAQ under the ticker symbol MPEL, raised US$1.14 billion from its IPO.
About Melco PBL Entertainment (Macau) Limited
Melco PBL Entertainment is a developer, owner and operator of casino gaming and entertainment casino resort facilities focused exclusively on the rapidly expanding Macau market. A subsidiary of Melco PBL Entertainment is the holder of one of only six gaming concessions and subconcessions to own and operate casinos in Macau. Melco PBL Entertainment's development projects include the Crown Macau, which is targeted to open in the second quarter of 2007, and the City of Dreams, the first phase of which is targeted to open in late 2008. Its existing projects include the Mocha Clubs, which feature a total of approximately 1,000 gaming machines in six locations and comprise the largest non-casino based operations of electronic gaming machines in Macau. Melco PBL Entertainment has also entered into an agreement, subject to certain conditions, to acquire a third development site on the Macau peninsula. For more information about Melco PBL Entertainment, please visit www.melco-pbl.com .