Melco teams up Warner to woo its new casino
Melco Crown is building a 2,787-square-meter Warner Bros. Family Entertainment Center that will include other features with DC Comics characters such as “Superman,” “Wonder Woman” and “The Flash,” the company announced today.
Chinese President Xi Jinping last month urged Macau leader Fernando Chui to diversify the SAR's economy that relied on the casino industry for more than 80 percent of total government revenue. The former Portuguese colony suffered the worst year in 2014 after recording its first annual decline in casino revenue as Xi’s anti-corruption drive turned away high-end players.
The president called on Macau, the only Chinese city that legally allows casino gambling, to nurture new growth areas and turn the city into a world tourism and leisure center. The new casino will have a virtual reality Batman ride as well as a 130-meter tall Ferris wheel, inspired by the film’s two asteroids shooting through a Gotham City building, according to the company.
Melco Crown said Jan. 2 that it will delist from the Hong Kong stock exchange because of low trading volume and significant additional costs, while keeping its Nasdaq listing. The move isn’t related to the Macau gambling slowdown nor China’s anti-graft campaign, Ho said.
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