Home Casino

Phillipines net loss for Melco Crown

Melco Crown Philippines suffered a net loss of 9.14bn pesos (approx US$199m) in 2015.

Updated on 13 April 2016

Gareth Bracken

Journalist

The figure represents a 45% increase on the 2014 net loss of 6.3bn pesos.

Gross revenue for 2015 sits at 13.73bn pesos but gross expenses have hit 22.85bn pesos.

Melco Crown entered the Phillipines market in late 2014 with the opening of City of Dreams Manila.

City of Dreams Manila is an integrated casino resort boasting three luxury hotels and DreamPlay, a DreamWorks-inspired family interactive entertainment offering.

Melco Crown Philippines is a joint venture between Belle Corporation, a subsidiary of SM Investments Corporation, and Melco Crown Entertainment.

Topics

Stay updated with GI

Follow Gambling Insider for independent news, analysis and industry expertise.

Add as a preferred source on Google

Gareth Bracken

Journalist

Gareth Bracken is an experienced gaming journalist and editor who spent more than six years with Players Publishing, progressing through a range of senior editorial roles across its flagship titles, including Gambling Insider. He joined the company in 2010 as an Editorial Assistant before advancing to Staff Writer, Senior Staff Writer, Editor, and later Senior Features Writer.

Between 2011 and 2016, Gareth played a central role in shaping editorial output across print and digital platforms, producing in-depth features, news coverage and long-form analysis on the global gambling and iGaming industries. As Editor from September 2014 to October 2015, he oversaw content strategy, editorial standards and production workflows, helping guide the publication’s development as a leading B2B industry voice.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.