Beacon Equity Initiates Independent Research Coverage for
Melco Crown Entertainment Ltd.
Wednesday January 06, 2010 - 06:50 AM EST
Source: GlobeNewswire News Releases
Author: Beacon Equity
Click here to read the original story
DALLAS, Jan. 6, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.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.
The full report is available at: http://www.beaconequity.com/i/MPEL
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Melco Crown Entertainment Ltd. (MPEL) owns and develops casino gaming and entertainment resort
facilities that are focused on the rapidly expanding gaming market found in Macau, a former Portuguese
colony off the Southern coast of China in Far East Asia. The Company operates its superbly designed and
managed facilities through its subsidiary Melco Crown Gaming (Macau) Limited, one of only six companies
granted concessions or subconcessions to operate casinos in Macau. MPEL currently operates Altira Macau
(formerly Crown Macau), a casino hotel located at Taipa, Macau and City of Dreams, an integrated urban
casino resort located in Cotai, Macau.
In the report, the analyst notes:
"Indicating a sustained growth, Macau's gambling revenue for the month of December reportedly increased
48% from a year earlier, boosting shares of Macau casino operators. As reported by Reuters, CLSA, Asia's
leading, independent brokerage and investment group, expects Macau revenues in the first half of 2010 to be
very strong. 'We believe the earnings will surprise significantly on the upside,' Aaron Fischer, CLSA's head of
Asian consumer and gaming stated. "Revenue growth has been very strong for the last few months and these
companies have been cutting costs a lot."
"Macau's gaming revenue has steadily improved since last summer, but U.S. results continued to disappoint
investors. MPEL surged 55 cents, or 15.4%, to $4.14, on Macau's latest gaming revenue figures."
To read the entire report visit: http://www.beaconequity.com/i/MPEL
See what investors are saying about MPEL at penny stock forum.
BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced
view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall
Street investor. We provide investors with an excellent first step in research and due diligence by providing
daily trading ideas, and consolidating the public information available on them. For more information on
Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT.
We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and
Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed
nor qualified to provide investment advice. Beacon Equity nor its affiliates have a beneficial interest in the
mentioned company; nor have they received compensation of any kind for any of the companies listed in this
communication. The information contained in our report is not an offer to buy or sell securities. We distribute
opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CONTACT: Beacon Equity Research
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