Melco Crown revenue increased in the fourth quarter
February 17, 2017
Melco Crown (Philippines) Resorts Corp post $144.7 million net revenue for the fourth quarter up from $80.9 million during the same period in 2015, a disclosure to the Philippine Stock Exchange said Friday.
Melco Crown operates City of Dreams Manila, which posted adjusted earnings before interest, taxes, depreciation and amortization (EBIDTA) of $50.2 million compared to $15.5 million in the previous year due to increased casino revenues.
Rolling chip volume totaled $2.1 billion compared to $1.3 billion during the same period last year. DMS
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