Seeking Alpha

Melco Crown boosted by mass market gamblers

  • Melco Crown (MPEL) delivers a powerful quarter of growth as mass market table revenue rose briskly at City of Dreams.
  • The company increased revenue the old-fashioned Vegas way by improving table games win rates and gaming machine win rates faster than hotel and food revenue.
  • Once considered a "pure-play" Macau gaming stock, the company's aggressive pace of expansion to other Asian markets could change that mentality. (PR)
  • MPEL -0.7% premarket.
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