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Melco Crown Entertainment Limited Message Board

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  • vlahosa2000 vlahosa2000 Oct 23, 2007 9:01 PM Flag

    Crown 5th floor VIP junket operational by Thursday.

    sorry what is the "A-Max" deal?

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    • What is the A-Max deal?



      A-Max is the parent company of AMA, which is a junket operator that controls most of the VIP market in Macau.
      I'll just post what I posted earlier on a different thread for you...

      " Deutsche Bank says the emergence of a VIP junket aggregator offers Crown Macau (MPEL's 1st property) a golden opportunity to grab market share. They expect Crown to allocate up to 100 VIP tables to AMA, which claims to represent ten junkets with over 60% of Macau's VIP market. Even assuming AMA will deliver less than half of what it claims, they say it could still raise Crown Macau EBITDA by at least 50%. They say the latest launches on luxury apartment projects point to a positive outlook on prices. The firm raises their tgt to $22 from $18. "

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