Melco Crown Tumbles in New York as Deutsche Bank Stays Bearish

  • Shares follow declines in Hong Kong after Deutsche's report
  • Bloomberg's China ADR index retreats for a fifth day

Melco Crown Entertainment Ltd., a Macau-based casino operator controlled by billionaires Lawrence Ho and James Packer, slumped to a three-year low in New York after Deutsche Bank AG maintained a sell rating and said gaming revenue fell last week.

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