In 2020
Melco plans to discontinue Studio City VIP rolling chip operations
The company announced the information in a stock exchange release uploaded to the Hong Kong stock exchange.
2019-01-16
Reading time 24 seg
The Hong Kong-based company will cease VIP rolling chips operations at its Studio City casino in Macau early next year.
Melco International Development Limited announced on Tuesday its plans to stop VIP rolling chip operations in its Macau Studio City casino on January 15, 2020.
In a stock exchange release uploaded to the Hong Kong stock exchange (HKEX), Melco International stated it will cease these operations through its subsidiary, Studio City Entertainment Limited.
Studio City Entertainment is listed as a subsidiary of Melco on the New York Stock Exchange. Melco has initiated its Studio City IPO in October 2018.
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