Stock Alert for Melco Crown Entertainment Ltd. Issued by MicroStockProfit
DALLAS, June 2, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Melco Crown Entertainment Ltd. (Nasdaq:MPEL). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/MPEL
Melco Crown Entertainment Ltd. (MPEL) is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. Melco Crown Gaming is one of six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. The Company owns and operates City of Dreams, Altira Macau, Mocha Clubs and Taipa Square Casino. Its other projects include City of Dreams Phase II, Macau Studio City Project and Macau Peninsula Site.
Message Board Search for MPEL: www.boardcentral.com/boards/MPEL
In the report, the analyst notes:
"For the first quarter of 2010, net revenue was US$567.6 million, representing an increase of approximately 162% from US$216.5 million for the comparable period ended March 31, 2009. The increase in net revenue resulted primarily from the opening of City of Dreams in June 2009.
"MPEL recently announced that City of Dreams will launch the world's largest water-based show, 'The House of Dancing Water', with a Grand Opening on September 16, 2010, and with ticketed shows commencing from the following day, September 17, 2010."
To read the entire report visit: www.microstockprofit.com/lp/MPEL
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