CoD Manila local partner eyes stake in Melco Philippines

CoD ManilaAsian casino investor Melco Resorts and Entertainment Ltd is in “preliminary discussions” that could lead to its Philippine partner at the City of Dreams Manila casino resort (pictured) taking an equity stake in the local Melco Resorts operating unit. Melco Resorts’ Manila operating unit, locally-listed Melco Resorts and Entertainment (Philippines) Corp, stated in a filing to the Philippine Stock Exchange it had been notified of the talks by its parent company… Read more