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cliff castle casino players club(Image: GGRAsia)Board members of Melco Resorts signed off on delisting Melco Resorts Philippines, the latter which owns City of Dreams Manila in the capital’s Entertainment City. (Image: GGRAsia)Board members of Melco Resorts signed off on delisting Melco Resorts Philippines, the latter which owns City of Dreams Manila in the capital’s Entertainment City. Melco, which is already listed on the NASDAQ, controls a 60 percent stake in the casino complex.The IPO, however, might come at a poor time. 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. 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. doubledown casino shares