Melco International Development Ltd, an investor in Asian casino developer Melco Crown Entertainment Ltd, announced on Tuesday the appointment of Evan Winkler (pictured) as managing director. The appointment took effect on Tuesday, the company said in a press release.
Mr Winkler will be responsible for Melco International’s growth strategy and performance. He will report directly to the firm’s chairman and chief executive, Lawrence Ho Yau Lung.
Prior to joining Melco International, Mr Winkler served as a managing director at Moelis and Co LLC, a global investment bank. The institution assisted Melco Crown in drafting a contingency plan on business strategy – in relation to the allocation by the Macau government of new-to-market gaming tables for the Studio City casino project, which opened in October 2015.
Mr Winkler had previously served as managing director and co-head of technology, media and telecommunications merger and acquisitions at UBS Investment Bank.
Mr Ho said the company had “great pleasure” in welcoming Mr Winkler to the company. “Evan has been involved in various corporate transactions of the company’s subsidiary Melco Crown Entertainment,” Mr Ho added in a statement accompanying the release.
“His wealth of experience and strong history with the company will unquestionably expedite the company’s international expansion drive, including efforts that are already under way, and ultimately increase shareholder value,” said Mr Ho.
Mr Winkler has also been appointed as an additional member of Melco International’s executive committee, finance committee, regulatory compliance committee and corporate social responsibility committee. He will also be appointed as a director of various subsidiaries of the company, according to Tuesday’s release.
Mr Ho and Melco International – or entities controlled or led by Mr Ho – have casino interests in Macau, in the Philippines, and in the Russian Far East. Melco International is currently in the run for a casino licence in the Republic of Cyprus.
Mr Ho had said previously that it wanted Melco International to be positioned as a leading international gaming operator. Melco International will become Melco Crown’s single largest shareholder, as James Packer’s Crown Resorts Ltd decided to reduce its stake to 27.4 percent earlier this year.
Apr 28, 2017The Macau government has announced a series of measures to cope with an expected increase in visitor arrivals during the May 1 holiday period. Mainland Chinese citizens are likely to be able to enjoy...
Apr 28, 2017
Apr 28, 2017
Apr 27, 2017
Nov 23, 2016Hong Kong-listed casino equipment supplier Paradise...
Oct 27, 2016As Studio City – the US$3.2-billion, 2015 addition to...
May 26, 2016Macau’s pacapio Chinese lottery game will celebrate its...
May 18, 2016Russia-based Diamond Fortune Holdings Ltd says it has big...
Dec 31, 2015The year 2016 could see the coming of age of “destination...
"After a challenging period, the Macau market is growing again, and its growth rate has been accelerating for three consecutive quarters. Our Macau operation is experiencing strong growth in both our mass gaming and non-gaming segments"
Chairman of gaming operator Las Vegas Sands and subsidiary Sands China