Melco Crown projects on schedule, Sterne Agee says

2013-12-13

From：Macau Business

Work on Melco Crown Entertainment Ltd’s new casino-resorts in Macau and the Philippines is going according to schedule, Sterne Agee says.

The online edition of Barron’s quotes Sterne Agee analyst David Bain as saying after meeting Melco Crown managers that the City of Dreams Manila is due to open as planned in the middle of next year.

Mr Bain said Macau Studio City was due to open as planned in the middle of 2015.

He said both projects were on budget.

Copyright@Macau Business