DALLAS, Jan. 10, 2011 (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.
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Melco Crown Entertainment Ltd. (MPEL) is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment casino resort facilities. Melco Crown Gaming is one of the six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. MPEL currently operates Altira Macau ( www.altiramacau.com ) (formerly Crown Macau), a casino hotel located at Taipa, Macau and City of Dreams ( www.cityofdreamsmacau.com ), an integrated urban casino resort located in Cotai, Macau. The Company's business also includes the Mocha Clubs ( www.mochaclubs.com ).
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In the report, the analyst notes:
"MPEL has chosen to focus on the Macau gaming market because it believes Macau will continue to be one of the largest gaming destinations in the world. In 2009, 2008 and 2007, Macau generated gaming revenue of about U.S. $14.9 billion, U.S. $13.6 billion and U.S. $10.4 billion, respectively, according to the Macau Gaming Inspection and Coordination Bureau (DICJ).
"Macau's gaming revenue jumped 58% year on year to 188.34 billion patacas ($23.51 billion) in 2010, according to data provided by the Macau Gaming Inspection and Coordination Bureau. December figures also jumped to a record high as total casino sales of the six operators increased 67% to 18.9 billion patacas ($2.4 billion)."
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