Publishing & Broadcasting Ltd. News

PBL Plans for Crown Las Vegas Melco and PBL Launch IPO on Nasdaq Pele Soccer School Added to PBL's Sentosa Casino Bid in Singapore

City of Dreams and House of Dancing Water Las Vegas Sands Cutting 11,000 Jobs in Macau Packer's Macau Casino Delays Opening Venetian Macao to Offer New Cirque du Soleil Show

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Melco PBL Plans More Slot Parlors in Macau

Monday, November 13, 2006

MACAU – As reported by the Hong Kong Standard: "Melco PBL, a joint venture between Melco International Development (0200) and Australia's Publishing and Broadcasting Ltd, will open one more
Publishing & Broadcasting Ltd looks to build 3rd casino in Macau. <a rel='nofollow' href='http://www.readybetgo.com/phpadsnew/adclick.php?n=abcc77e6' target='_BLANK'><img src='http://www.readybetgo.com/phpadsnew/adview.php?n=abcc77e6' border='0' alt='Advertisement'></a> slot-machine parlor in Macau next month and aims to open two to three more every year.

"Each will house from 200 to 300 slot machines.

"Lawrence Ho Yau-lung, co-chairman and chief executive of Melco PBL, would not elaborate on the proposal Friday.

"The company currently operates more than 1,000 slot and electronic table-game machines in Macau under its Mocha Slot Clubs chain and has about 22 percent of Macau's electronic gaming market.

"…Melco PBL agreed this year to buy the last available subconcession to own and operate hotel casino resorts in Macau from Wynn Resorts for US$900 million (HK$7.02 billion), making it one of the six players in Macau's gaming industry…"

Publishing & Broadcasting Ltd.

2nd Floor, 54 Park Street
Sydney, NSW 2000

Phone: (02) 9282 8000
Fax: (02) 9282 8828
Website: www.pbl.com.au

PBL is one of Australia‚Äôs largest diversified media and entertainment groups. PBL owns and operates two of Australia‚Äôs leading gaming and entertainment complexes, Crown in Melbourne and Burswood in Perth.

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