Form 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of July 2009
Commission File Number: 001-33178
MELCO CROWN ENTERTAINMENT LIMITED
36th Floor, The Centrium
60 Wyndham Street
Central
Hong Kong
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b):
82- N/A
MELCO CROWN ENTERTAINMENT LIMITED
Form 6-K
TABLE OF CONTENTS
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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MELCO CROWN ENTERTAINMENT LIMITED
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By: |
/s/ Simon Dewhurst
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Name: |
Simon Dewhurst |
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Title: |
Executive Vice President and Chief Financial Officer |
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Date: July 2, 2009
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Release of Initial Operating Statistics for City of Dreams
New York, Thursday, July 2, 2009 Melco Crown Entertainment Limited (NASDAQ: MPEL), a developer
and owner of casino gaming and entertainment resort facilities focused on the Macau market, today
announced initial operating statistics for City of Dreams, its new urban integrated entertainment
resort that opened on June 1.
Visitation trends continue to provide a solid foundation for City of Dreams. Visitation at City of
Dreams has remained consistently strong since opening on June 1, 2009. For the month of June, City
of Dreams attracted approximately 1.2 million visitors or approximately 41,000 visitors per day on
average.
Rolling chip performance at City of Dreams demonstrated significant week to week sequential
improvement during the initial month of operations, in accordance with our plans to scale this
segment of business after the first few weeks of operation. Total rolling chip volume in June was
approximately US$1.94 billion, with rolling chip volume in the
last week of the month totaling approximately US$0.73 billion.
The average number of rolling chip gaming tables in operation at City of Dreams in June was
approximately 127.
City of
Dreams generated approximately US$100 million of mass market
table games drop in June. Mass market table games
drop in the last week of the month was approximately 12% higher than that generated in the first week of operations. On average,
376 mass market gaming tables were in operation at City of Dreams in June.
Gaming
machine handle (volume) was approximately US$81 million in
June. There were approximately 1,320 gaming machines in operation at City of Dreams, on average,
during this period.
City of Dreams mass market table games hold percentage was within the targeted range of 16%-18% in
June, but the rolling chip hold percentage was approximately 0.8%, well below our target of 2.85%.
Total rolling chip volume in June at Altira Macau was US$2.76 billion. The rolling chip hold
percentage at Altira was significantly below normal at
approximately 2.0%.
Normalizing our gaming revenue to reflect the target rolling chip hold percentage at both
properties, we estimate that our company-wide market share of gross
gaming revenues for June would have been approximately
15%.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the safe
harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases,
forward-looking statements can be identified by words or phrases such as may, will, expect,
anticipate, target, aim, estimate, intend, plan, believe, potential, continue,
is/are likely to or other similar expressions. Melco Crown Entertainment Limited (the Company)
may also make written or oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission, in its annual report to shareholders, in press releases and
other written materials and in oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including statements about the Companys
beliefs and expectations, are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause actual results to differ
materially from those contained in any forward-looking statement, including but not limited to the
following: growth of the gaming market and visitation in Macau; finalization of credit facilities
to finance construction of projects; the completion of the construction of our hotel casino resort
projects; our acquisition and development of the Macau Peninsula site; increased competition and
other planned casino hotel and resort projects in Macau and elsewhere in Asia; the completion of
infrastructure projects in Macau; government regulation of the casino industry; our ability to
raise additional financing; obtaining approval from the Macau government for an increase in the
developable gross floor area of the City of Dreams site; the formal grant of an occupancy permit
for Phase 2 of City of Dreams; our anticipated growth strategies; and our future business
development, results of operations and financial condition. Further information
regarding these and other risks is included in our Annual Report on Form 20-F filed on March 31,
2009 and other documents filed with the Securities and Exchange Commission. The Company does not
undertake any obligation to update any forward-looking statement, except as required under
applicable law. All information provided in this press release is as of the date of this release,
and the Company undertakes no duty to update such information, except as required under applicable
law.
About Melco Crown Entertainment Limited
Melco Crown Entertainment Limited is a developer, owner and through a Macau subsidiary which holds
a gaming sub-concession, an operator of casino gaming and entertainment casino resort facilities.
The Companys first property, Altira Macau (www.altiramacau.com) (formerly Crown Macau), opened on
May 12, 2007 and Phase 1 of its second property, City of Dreams (www.cityofdreamsmacau.com), an
integrated urban casino resort located in Cotai, Macau, opened on June 1, 2009. The Companys
business also includes the Mocha Clubs (www.mochaclubs.com), which feature a total of approximately
1,300 gaming machines in eight locations and comprise the largest non-casino based operations of
electronic gaming machines in Macau. The Company has entered into an agreement, subject to certain
conditions, to acquire a third development site on the Macau Peninsula. For more information about
the Company, please visit www.melco-crown.com.
The Company has strong support from both of its major shareholders, Melco International Development
Limited (Melco) and Crown Limited (Crown). Melco is a listed company on the Hong Kong Stock
Exchange and is substantially owned and led by Mr. Lawrence Ho, who is Co-Chairman, a Director and
the CEO of the Company. Crown is a top 100 company listed on the Australian Stock Exchange and led
by Executive Chairman Mr. James Packer, who is also Co-Chairman and a Director of the Company.
For additional information, please contact:
Geoffrey Davis, CFA
Senior Vice President Corporate Finance
Tel: +1 212 671 1936
Email: geoffreydavis@melco-crown.com