Australian billionaire James Packer, co-chairman of Melco Crown Entertainment, attends a news conference at Melco Crown's Studio City in Macau, China October 27, 2015. Melco Crown’s Hollywood-themed Studio City is the company’s third casino in the southern Chinese territory of Macau, the only place in the country where casino gambling is legal. Studio City represents a break from the other 37 casinos operating in Macau. It has no VIP baccarat lounges and will focus instead on mass-market casual gamblers, in a sign of the times for the world's largest gambling hub. REUTERS/Tyrone Siu