Australia’s PBL buys Macau casino rights for $900 mln
SYDNEY, March 6 (Reuters) - Publishing and Broadcasting Ltd. an Australia-based media and gaming company, has paid U.S.-based Wynn Resorts Ltd. $900 million for the right to own and operate hotel casino resorts in Macau, pushing PBL shares up 1.6 percent.
The Packer family-owned PBL, which is expanding its gaming business through Asia with joint venture partner Melco International Development Ltd., said the deal would give it more flexibility to operate the two casinos it plans to build in the former Portuguese colony, sending its shares to a more-than-one-year high.
PBL said in a statement on Monday Melco would eventually buy a 40 percent interest in the PBL subsidiary which will own the rights.
PBL Executive Chairman James Packer said the deal would give PBL a "more flexible and robust operating structure" for its two proposed Macau casinos, to be known as "Crown Macau" and "City of Dreams".
The deal will be funded by $400 million of equity and $500 million of bank debt.
PBL shares hit A$17.34 — their highest since January 2005 — before easing back to trade 0.82 percent higher at A$17.21 in a weaker overall market by 0002 GMT.
PBL’s casino business, which includes the glitzy Crown Casino in Melbourne and the Burswood casino in Perth, drove a 12 percent rise in profit for the six months ended Dec. 31, 2005.
($1=A$1.35)
赌博娱乐场 - 賭場是專供賭博的地方。通常賭場指的是合法正規經營的場所，非法的聚賭地方一般稱為賭窟。賭場多數是提供賭客與賭場莊家的對賭。常見提供的博彩方法有：角 子老虎機、廿一點、輪盤等等；中國人參與多的賭場一般亦會有骰寶、排九、番攤、白鴿票等遊戲。絕大部份的賭場遊戲規則令參與者所得的派彩祈望值低於一。因 此長遠來說只有賭場的東主才會贏錢
