Stock Rating Report for MPEL

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Stock Information

Ticker MPEL
Company Name Melco Crown Entertainment Ltd
Current Price $11.44
Previous Close $11.44
Industry Resorts and Casinos
Sector CONSUMER DISCRETIONARY
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Optionable? Yes

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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 stage performance theater- approximately 20 restaurants and bars, 69 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 228 gaming tables- hotel rooms consisting of suites and villas, and in-room entertainment and communication facilities- restaurants and dining facilities- and non-gaming entertainment venues, including a spa, gymnasium, outdoor garden podium and a sky terrace lounge. In addition, it owns and operates Mocha Clubs, which provide single player machines with various games consisting of progressive jackpots, as well as multi-player games where players on linked machines play against each other in electronic roulette, baccarat, and sicbo- Taipa Square Casino that features approximately 31 gaming tables servicing mass market patrons. 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 based in Central, Hong Kong.


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