Melco Crown Entertainment is an owner and developer of casino gaming and entertainment resort facilities that are focused on the rapidly expanding gaming market found in Macau. Our Company operates our superbly designed and managed facilities through our subsidiary Melco Crown Gaming (Macau) Limited, one of the only six companies granted concessions or subconcessions to operate casinos in Macau.
On December 19, 2006, our Company listed on NASDAQ under the ticker symbol "MPEL", successfully raising in excess of US$1.14 billion in the process. According to Renaissance Capital and IPOhome.com, this ranked as the fourth largest IPO in the US in 2006. On December 7, 2011, our Company began its dual-listing on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 6883.
Through the implementation of innovative products and services and by working hand-in-hand with globally renowned brands, our Company intends to offer the best entertainment experience that aims to appeal to a broad spectrum of customers and thereby become the leader of Macau's gaming industry. In this endeavor, we have a number of projects currently underway or planned in the region.
Altira Macau (formerly Crown Macau) is a luxurious and contemporary hotel and casino delivering a world-class experience. It offers one of the most exclusive and elegant accommodations in Macau, providing the ultimate experience in fine dining and attracting discerning, high-end gaming patrons.
City of Dreams is a must-see integrated urban entertainment resort that combines electrifying entertainment, stylish nightclubs, an amazing array of accommodation options that currently offers approximately 1,400 guest rooms, top-notch dining, designer brand shopping, a spacious and contemporary casino, as well as the spectacular The House of Dancing Water.
Besides the kaleidoscope of never-been-seen-before attractions, City of Dreams strives to offer the very best in urban-inspired leisure and entertainment, including Splash, a pool party series with all-day all-night live music; and Legend Fighting Championship series featuring the region's top mixed martial arts athletes. It also held exclusive events including Asia's First Madonna Exhibition featuring over 50 iconic show accessories and costumes; and the 11th Chinese Film Media Awards, which has made its appearance in Macau for the very first time at the resort's Dancing Water Theater.
To provide instant electronic gaming fun, our Company offers Mocha Clubs. With ten Mocha Clubs already in operation throughout Macau and Taipa, Mocha Clubs offer machine-based gaming entertainment in a cafe-style setting.
As recently announced, our Company has successfully completed the acquisition of a 60% interest in the Studio City project on Cotai. This project is another significant milestone for our Company, and we believe its completion will complement our current portfolio of assets in Macau and will meaningfully increase our presence on Cotai, further driving long-term growth for our Company