Melco Crown Entertainment said in a statement yesterday that its operating income for the third quarter was US$108.9 million, up 220 percent year-on-year.
The company’s net revenue between July and September rose 22 percent year-on-year to US$1.15 billion, according to the statement.
The increase in net revenue was primarily attributable to the net revenue generated by Studio City in Cotai, which started operations in October last year, and the increase in casino revenues at City of Dreams Manila, partially offset by casino revenues at City of Dreams in Macau and Altira Macau, the statement said.
