Lawrence Ho (L), co-chairman and chief executive officer of Melco Crown Entertainment, talks with James Packer (R), Australian gambling tycoon and co-chairman of Melco Crown Entertainment, during the signing deal with local partner Belle Corp for a $1 billion casino-resort project in Manila March 15, 2013. The Philippine unit of Macau casino company Melco Crown Entertainment Ltd. said it plans to sell up to 1 billion shares as it prepares to develop the project with Belle Corp. Four new integrated casino resorts are set to launch in Manila's Entertainment City, aimed at the growing middle class in Asia and the increased appetite for tourism, gambling and entertainment.
REUTERS/Cheryl Ravelo (PHILIPPINES - Tags: BUSINESS SOCIETY)