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City of Dreams Garnered Best Customer Experience of the Year Award From International Gaming Awards 2012
January 26, 2012 at 5:02 AM EST
Melco Crown Entertainment's Flagship Integrated Resort Recognized for Its Unique and Diverse Entertainment Experiences

HONG KONG, Jan. 26, 2012 (GLOBE NEWSWIRE) -- City of Dreams, the flagship integrated resort of Melco Crown Entertainment Limited ("Melco Crown Entertainment" or "the Company") (SEHK:6883) (Nasdaq:MPEL), garnered Best Customer Experience of the Year Award from International Gaming Awards (IGA) 2012.

Announced at a gala held on January 23, 2012 in London, the Award recognizes City of Dreams' outstanding customer service, as well as its diverse array of unique world-class entertainment experiences, including The House of Dancing Water, the world's largest water-based show; Dragon's Treasure, the award-winning multi-media extravaganza; and Club Cubic, Macau's swankiest club.

The Award is the seventh award Melco Crown Entertainment received from IGA in the past three years. Past awards from IGA include Best Casino Operator award for three consecutive years from 2009 to 2011 in recognition of the Company's vision, originality and vitality that set it apart from the others in the gaming market; Best Casino VIP Room and Best Casino Interior Design for City of Dreams in 2011; as well as Best Casino Interior Design for Altira Macau in 2008, a contemporary luxurious casino hotel, operated by a Macau subsidiary of Melco Crown Entertainment. 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. 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 Company's 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; 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; the formal grant of occupancy permits for areas of City of Dreams undergoing construction and/or development; 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 the Company's Annual Report on Form 20-F filed on April 1, 2011 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 Company currently operates Altira Macau (www.altiramacau.com) (formerly Crown Macau), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. The Company's business also includes the Mocha Clubs (www.mochaclubs.com), which feature a total of approximately 2,100 gaming machines in 10 locations and comprise the largest non-casino based operations of electronic gaming machines in Macau. 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, an Executive Director and the CEO of the Company. Crown is a top-50 company listed on the Australian Securities Exchange and led by Executive Chairman Mr. James Packer, who is also Co-Chairman and a Non-executive Director of the Company. FOR MELCO CROWN ENTERTAINMENT LIMITED:

Investment Community, please contact:
                              Ross Dunwoody
         Vice President, Investor Relations
       Tel: +853 8868 7575 / +852 2598 3689
      Email: rossdunwoody@melco-crown.com 
                                          
         For media enquiry, please contact:
                                  Maggie Ma
           Head of Corporate Communications
                        Tel: +852 3151 3767
          Email: maggiema@melco-crown.com 
Melco Crown Entertainment Limited