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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 March 2017
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 ☒ Form 40-F ☐
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): ☐
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): ☐
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 ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3–2(b): 82– N/A
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MELCO CROWN ENTERTAINMENT LIMITED
Form 6–K
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| Exhibit 99.1 Supplemental Information Regarding Melco Crown Entertainment Limited |
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Explanatory Note
The supplemental information regarding Melco Crown Entertainment Limited furnished under this Form 6-K is included in an announcement entitled “Annual Results for the Year Ended 31 December 2016”, dated March 31, 2017, provided by Melco International Development Limited, a company whose shares are listed on The Stock Exchange of Hong Kong Limited, to its shareholders.
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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.
| MELCO CROWN ENTERTAINMENT LIMITED | ||
| By: | /s/ Geoffrey Davis | |
| Name: | Geoffrey Davis, CFA | |
| Title: | Chief Financial Officer | |
Date: March 31, 2017
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EXHIBIT INDEX
| Exhibit No. |
Description | |
| Exhibit 99.1 | Supplemental Information Regarding Melco Crown Entertainment Limited | |
Exhibit 99.1
Supplemental Information Regarding Melco Crown Entertainment Limited
City of Dreams
City of Dreams operated approximately 500 gaming tables and 800 gaming machines as of December 31, 2016.
For the year ended December 31, 2016, net revenue at City of Dreams was US$2,590.8 million versus US$2,794.7 million in 2015.
Gaming Performance
| VIP Gaming |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Rolling chip volume |
41,474.6 | 44,024.9 | -5.8 | % | ||||||||
| Win rate |
2.8% | 2.9% | N/A | |||||||||
| Mass Market |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Table drop |
4,307.6 | 4,713.0 | -8.6 | % | ||||||||
| Hold percentage |
35.8% | 35.1% | N/A | |||||||||
| Gaming Machine |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Handle |
4,102.2 | 4,641.0 | -11.6 | % | ||||||||
| Win rate |
3.5% | 3.6% | N/A | |||||||||
Non-Gaming Performance
Total non-gaming revenue at City of Dreams in 2016 was US$279.6 million, compared with US$265.0 million in 2015.
Altira Macau
As of December 31, 2016, Altira Macau operated approximately 112 gaming tables and 56 gaming machines.
For the year ended December 31, 2016, net revenue at Altira Macau was US$439.1 million compared to US$574.8 million in 2015.
Gaming Performance
| VIP Gaming |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Rolling chip volume |
17,658.1 | 23,794.3 | -25.8 | % | ||||||||
| Win rate |
2.9% | 2.8% | N/A | |||||||||
| Mass Market |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Table drop |
494.7 | 616.1 | -19.7 | % | ||||||||
| Hold percentage |
18.6% | 17.9% | N/A | |||||||||
| Gaming Machine |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Handle |
32.4 | 33.8 | -4.1 | % | ||||||||
| Win rate |
6.5% | 5.9% | N/A | |||||||||
Non-Gaming Performance
Total non-gaming revenue at Altira Macau in 2016 was US$28.1 million compared with US$32.4 million in 2015.
Mocha Clubs
As of December 31, 2016, Mocha Clubs operated seven clubs with a total of 1,034 gaming machines.
Net revenue from Mocha Clubs totaled US$120.5 million in 2016 as compared to US$136.2 million in 2015.
| Gaming Machine |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Handle |
2,554.3 | 2,871.7 | -11.1 | % | ||||||||
| Win rate |
4.6% | 4.6% | N/A | |||||||||
Studio City
As of December 31, 2016, Studio City operated approximately 280 gaming tables and 980 gaming machines.
For the year ended December 31, 2016, net revenue at Studio City was US$838.2 million compared to US$125.3 million in 2015.
Gaming Performance
| VIP Gaming |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Rolling chip volume |
1,343.6 | — | N/A | |||||||||
| Win rate |
1.4% | — | N/A | |||||||||
| Mass Market |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Table drop |
2,480.0 | 365.3 | 578.8 | % | ||||||||
| Hold percentage |
24.7% | 22.4% | N/A | |||||||||
| Gaming Machine |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Handle |
2,002.3 | 264.9 | 655.8 | % | ||||||||
| Win rate |
3.8% | 4.9% | N/A | |||||||||
Non-Gaming Performance
Total non-gaming revenue at Studio City in 2016 was US$221.0 million, compared with US$39.9 million in 2015.
City of Dreams Manila
As of December 31, 2016, City of Dreams Manila operated approximately 270 gaming tables, 1,596 slot machines and 158 electronic gaming tables.
For the year ended December 31, 2016, net revenue at City of Dreams Manila was US$491.2 million compared to US$300.4 million in 2015.
Gaming Performance
| VIP Gaming |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Rolling chip volume |
6,833.8 | 3,252.9 | 110.1 | % | ||||||||
| Win rate |
3.4% | 2.3% | N/A | |||||||||
| Mass Market |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Table drop |
550.5 | 441.4 | 24.7 | % | ||||||||
| Hold percentage |
28.0% | 26.3% | N/A | |||||||||
| Gaming Machine |
||||||||||||
| US$’million | 2016 | 2015 | YoY% | |||||||||
| Handle |
2,235.0 | 1,780.0 | 25.6 | % | ||||||||
| Win rate |
5.9% | 6.0% | N/A | |||||||||
Non-Gaming Performance
Total non-gaming revenue at City of Dreams Manila in 2016 was US$104.7 million, compared with US$100.1 million in 2015.