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Blue Chip Growth

Stock Report: () Report Updated: Oct 15, 2017 | Print This Page

Get more stock ratings by Louis Navellier

(MPEL)

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Stock Analysis

Rating: Monthly View

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Company Profile

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,400 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 70 retail outlets; 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, a casino hotel, which has approximately 120 gaming tables; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it owns and operates 8 Mocha Clubs with 1,321 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Further, the company operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. Additionally, it is developing Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort in Cotai, Macau. 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 Central, Hong Kong.