Mon, May 28, 2012, 4:07 PM EDT - U.S. Markets closed for Memorial Day

Melco Crown climbs after Macau gaming revenue surpasses expectations

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SymbolPriceChange
MPEL12.10-0.19

Melco Crown Holdings (MPEL), which operates casinos on the Chinese island of Macau, is climbing after the region reported that gambling at its casinos jumped 35% last month versus the year ago period. The increase surpassed expectations, according to Bloomberg. In mid-morning trading, Melco rose 35c, or 3.14%, to $11.50.

 

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