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harrah s cherokee casino hrShould the shares be fully sold, the IPO would raise roughly 2 million to 0 million.Should the shares be fully sold, the IPO would raise roughly 2 million to 0 million.Studio City plans to use the raised capital to pay down debt.The parent company to Studio City Macau has filed with US securities regulators to hold an initial public offering (IPO) to sell shares in the .75 million American Depositary Shares at a cost between .MCE Cotai, the holdings company formally known as Melo Crown Entertainment, currently controls a 60 percent stake in Studio City.online gambling promotions