Melco Crown (MPEL) Declares $0.0134 Quarterly Dividend; 0.2% Yield

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Melco Crown Entertainment Announces Unaudited Second Quarter 2015 Earnings and Declares Quarterly Dividend

August 6, 2015 8:18 AM EDT

MACAU, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq: MPEL) ("Melco Crown Entertainment" or the "Company" or "we"), a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, today reported its unaudited financial results for the second quarter of 2015.

Net revenue for the second quarter of 2015 was US$916.8 million, representing a decrease of approximately 24% from US$1,199.5 million for the comparable period in 2014. The decline in net revenue was primarily attributable to lower rolling chip revenues and mass market... More