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