MACAU – Tuesday, March 10, 2015: Melco Crown Entertainment Limited (SEHK: 6883; NASDAQ: MPEL) (“Melco Crown Entertainment” or “the Company“), a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, today announced that it has launched the first career fair for Studio City, its new cinematically-themed gaming, entertainment and leisure destination resort in Macau. Studio City boasts not only the most diverse collection of entertainment offerings ever seen in Macau, but will also create thousands of job opportunities for Macau residents at an unique, fun and stylish workplace.
The four-day career fair, running from March 9 to March 12 and exclusively for Macau ID holders, is being held at Grand Hyatt Macau, City of Dreams. Known as an innovator of world-class entertainment, Melco Crown Entertainment has crafted “The Audition: Are You In?”, an immersive recruitment experience for its potential “stars” of Studio City.
The “Wow” and “Super Wow” attractions for new employees wanting to join include the opportunity to participate in the best employee loyalty program in Macau, the “Golden Nest Egg”. This allows for new non-management employees joining the Company on or before July 31, 2015 to receive an additional one month’s salary in July or August 2015, and to be eligible to receive five additional months’ salary in 2018.
Mr. Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment, said, “At Melco Crown Entertainment we believe that developing our people is creating a future for the Company, which is why in the past six years, through meticulous planning and investment, we have been able to offer 16,860 internal transfers and promotions to our staff. This is not by chance, but the result of an active policy of internal development, and is very much a part of the supportive culture of the Company. With the competitive packages and career development opportunities that we offer, our people’s future is in good hands.”
Melco Crown Entertainment’s commitment to excellence in entertainment, service, hospitality and corporate governance is evidenced by the 150 prestigious international, regional and local awards, eight Forbes Travel Guide Five-Star awards and two Michelin-stars for its restaurants it has garnered to date. As the winner of Corporate Social Responsibility in Business Awards of Macau and FinanceAsia Magazine’s Best CSR award, the Company prioritises investment in its employees’ “whole person development”, including with its in-house learning academy, which has trained over 10,000 employees in 2014 alone. In collaboration with the Education and Youth Affairs Bureau, Melco Crown Entertainment has launched the “Back to School Program”, Macau’s first in-house program to offer employees the chance to complete their high school diploma and to create a better future for themselves.
Safe Harbor Statement
This release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitation in Macau and the Philippines, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, and (v) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this release, and the Company undertakes no duty to update such information, except as required under applicable law.
About Melco Crown Entertainment Limited
Melco Crown Entertainment, with its shares listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) (SEHK: 6883) and its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MPEL), is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. Melco Crown Entertainment currently operates Altira Macau (www.altiramacau.com), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. Melco Crown Entertainment’s business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company is also developing the planned Studio City Project, a cinematically-themed integrated entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, Melco Crown (Philippines) Resorts Corporation’s subsidiary, MCE Leisure (Philippines) Corporation, solely operates and manages City of Dreams Manila (www.cityofdreams.com.ph), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. For more information about Melco Crown Entertainment, please visit www.melco-crown.com.
Melco Crown Entertainment has strong support from both of its major shareholders, Melco International Development Limited ("Melco") and Crown Resorts Limited ("Crown"). Melco is a listed company on the Hong Kong Stock Exchange and is substantially owned and led by Mr. Lawrence Ho, who is Co-Chairman, an Executive Director and the CEO of Melco Crown Entertainment. Crown is a top-50 company listed on the Australian Securities Exchange and led by Chairman Mr. James Packer, who is also Co-Chairman and a Non-executive Director of Melco Crown Entertainment.
For media inquiries, please contact:
Head of Corporate Communications
Tel: +853 8868 3767 or +852 3151 3767
Ms. Jessie Kuan
Senior Manager, Public Relations
Tel: +853 8868 7556/ +853 6693 8047
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