Studio City helps raise Melco Q2 net revenue by 17 pct
Melco Crown Entertainment’s said in a statement yesterday that its net revenue for the second quarter was US$1.07 billion, up 17 percent year-on-year.According to the statement, the increase was primarily attributable to the net revenue generated by Studio City, which started operations in October, and the increase in casino revenues at City of Dreams Manila, partially offset by lower casino revenues at City of Dreams in Cotai and Altira in Taipa.On a US GAAP basis, operating income for the
August 5, 2016 | BY admin