Net operating revenue from Mocha Clubs, MPEL’s local slot club subsidiary, totalled USD22.4 million in the fourth quarter of 2008, up from USD21.7 million in the fourth quarter of 2007 said the parent.
Mocha Clubs generated USD6.7 million of adjusted EBITDA in the fourth quarter of 2008, which compares with USD4.8 million in the fourth quarter of 2007.
The number of gaming machines in operation at the Mocha Clubs averaged approximately 1,091 in the fourth quarter of 2008. Average net win per gaming machine per day increased to US$223 in this period, as compared with US$215 in the same period in 2007.
As of 1st December 2008, Mocha Clubs assumed management of 95 gaming machines in operation at Crown Macau. MPEL says the financial contribution from these gaming machines is included in Mocha Clubs results from that date.
Last week Mocha Clubs’ Mocha Square venue reopened, which added 75 gaming machines to the club unit’s inventory and brought to eight the total number of Mocha locations in Macau.
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