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Melco Crown Entertainment Ltd. is Today's Focus Stock on MicroStockProfit.com

DALLAS, Nov. 3, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.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.
/ Source: GlobeNewswire

DALLAS, Nov. 3, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.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:

Melco Crown Entertainment Limited (MPEL) is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. Melco Crown Gaming is one of the six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. The Company owns and operates City of Dreams, Altira Macau, Mocha Clubs and Taipa Square Casino. Its other projects include City of Dreams Phase II, Macau Studio City Project and Macau Peninsula Site.

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In the report, the analyst notes:

"MPEL surged to a new 52-week high Tuesday following its upbeat third-quarter report. The casino operator's quarterly earnings of 3 cents a share surprised analysts who expected a loss of a penny. Revenue climbed 45.4% to $727 million, topping analysts' expectations of $672.9 million. Notably, the casino operator's City of Dreams generated a profit of $114.9 million, which is 147% higher than the third quarter last year.

"The improved results was only partially offset by increased depreciation and amortization expense associated with the opening of the Grand Hyatt and The House of Dancing Water at City of Dreams and higher net interest expense related to the refinancing of approximately US$600 million of bank debt through the issuance of a high yield bond in May 2010, the Company said."

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