You are here

World's best casino stock on a roll, buoyed by Manila's warming ties with Beijing

Shares of Melco Crown Philippines, a subsidiary of HK's Melco Resorts & Entertainment, have seen a 117% rise this year
Saturday, May 20, 2017 - 05:50


MELCO Crown Philippines Resorts Corp is the best-performing casino stock in the world this year. To punters playing baccarat at the company's City of Dreams venue in Manila, that's no surprise.

"Foreign players have multiplied and they're mostly Chinese," said Fernando, 49,

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom