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China slowdown impacts Melco Crown shares

11 July 2014

AUSTRALIA AND MACAO -- Shares in Melco Crown Entertainment have fallen 7 percent since June, Zachs reported

The decrease is attributed to the softening Chinese economy, the report said.

Melco Crown Entertainment depend on revenue from Macau, Zachs said.

Melco Crown saw gaming revenue fell 3.7 percent in June, Zachs noted.

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