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draftkings casino risk freeMelco Resorts and Entertainment is voluntarily delisting its subsidiary company from the Philippines Stock Exchange (PSE), and one financial institution thinks that’s a positive strategic move. Studio City, which opened in 2015, is the company’s second massive integrated resort on the Cotai Strip after City of Dreams opened there in 2009.Studio City was built at a cost of .2 billion. Carroll’s bill places oversight duties in the hands of the Kentucky Horse Racing Commission.According to BR29, the racing commission would keep half of all license fees to offset regulation costs and the other half would be placed in a sports wagering trust fund. Lawrence Ho wants to place ownership shares of Melco Resorts’ Studio City up for trading on NASDAQ. The company is also in the process of building City of Dreams Mediterranean, a roughly 0 million integrated resort in Cyprus.New Wall Street Opportunity Along with announcing that it plans to delist in the Philippines, Melco Resorts confirmed it has filed paperwork with the US Securities and Exchange Commission to hold an initial public offering (IPO) in its Studio City cache creek casino careersentertainment resort in Macau.Melco is one of six licensed gaming operators in Macau. Macau casino stocks took a hit this week after new concerns over a potential slowing in the Chinese economy, and ongoing trade war concerns with the US, were highlighted by Deutsche Bank.The investment firm downgraded its 2019 gross gambling revenue forecast for Macau’s gaming industry from 11 to four percent.club player casino coupon codes