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Blue Chip Growth

Stock Report: Melco Crown Entertainment Limited Sponsored ADR (MPEL) Report Updated: Apr 21, 2014 | Print This Page

Melco Crown Entertainment Limited Sponsored ADR© quotemedia

Company Profile

Melco Crown Entertainment Limited, through its subsidiaries, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities primarily in Macau. It owns and operates City of Dreams, an integrated resort development, which features approximately 400 gaming tables and 1,300 gaming machines; guest rooms; a wet stage performance theater with approximately 2,000 seats; approximately 20 restaurants and bars, 70 retail outlets, and an audio visual multimedia experience; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau that features approximately 200 gaming tables; 216 guest rooms; and various non-gaming entertainment venues, including restaurants, several bars, a spa, gymnasium, outdoor garden podium, and a sky terrace lounge. In addition, it owns and operates Mocha Clubs, which provide non-casino based operations of approximately 2,100 gaming machines. The company was formerly known as Melco PBL Entertainment (Macau) Limited and changed its name to Melco Crown Entertainment Limited in May 2008. Melco Crown Entertainment Limited was incorporated in 2004 and is headquartered in Macau.

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