For Melco Crown Entertainment Chairman and CEO Lawrence Ho, the year of the rooster presents great opportunities and great dangers. He’s a rare Hong Kong-based Macau casino owner that didn’t see his wealth rise on the Forbes' Rich List published last month. The decision leaves Ho’s Hong Kong-listed Melco International as the majority owner of Melco Crown. Bold choicesIt shouldn’t be a surprise that Melco Crown, itself conceived as a joint venture, works well with others. Last November, Melco Crown shook up its management, with longtime COO Ted Chan and top gaming executive Alidad Tash departing.

Source: Forbes February 24, 2017 03:39 UTC