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Tag Archives: Studio City

China – Melco announces launch of Super Fun Zone at Studio City promoting economic diversification in Macau

Promoting economic diversification in Macau, Melco is excited to announce the launch of Super Fun Zone at Studio City. Expected to open at the end of June 2022, Super Fun Zone is the new, family-friendly entertainment experience that will further complement the hospitality offerings of the fun-filled Studio City. Super Fun Zone’s 29,600 square foot…

China – Studio City reduces loss as Q4 increases slightly

Melco Resorts’ Studio City casino resort located in Cotai, Macau, generated fourth quarter revenues of US$28.4m, compared to total operating revenues of US$23.7m in the fourth quarter of 2020. Total operating revenues for the fourth quarter of 2021 were US$28.4m, compared to total operating revenues of US$23.7m in the fourth quarter of 2020. The change…

China – Melco celebrates construction milestone with Studio City Phase Two topping out ceremony

Melco Resorts & Entertainment, a leading global developer, owner and operator of integrated resort facilities, today held a topping out ceremony and unveiled the design concept for the highly anticipated Studio City Phase 2, scheduled to complete before end of December 2022. The Ceremony was hosted by Lawrence Ho, Chairman and CEO of Melco Resorts…

China – Studio City to cease VIP gaming with tables likely to move to Morpheus

Macau casino operator Melco Resorts and Entertainment has confirmed it will cease offering VIP gaming at its Studio City casino in Cotai on January 15 in 2020. The casino originally opened as a mass only gaming floor in 2015 before decding it needed VIP customers just over a year later. Analysts believe the VIP tables…

Macau – Melco continues path towards Studio City IPO

Macau operator Melco has confirmed it is making progress towards launching an Initial Public Offering of shares in Studio City, its cinema-themed casino resort on Cotai. Melco Resorts owns 60 per cent of Studio City with the rest being owned by New Cotai. Melco Resorts stated: “Studio City, the Hollywood-inspired, cinematically-themed integrated entertainment, retail and…

China – Melco launches Macau’s first ever E-sports Stadium

Melco Resorts has launched Macau’s first ever E-sports venue, Macau EStadium, at Melco’s integrated resort Studio City in partnership with Kowloon E-Stadium and ALL-IN E-Sports. The Macau EStadium is a high-performance event space that can seat up to 274 guests and is equipped with cutting-edge advanced technology that will cater to top-tier E-sport tournaments, virtual…

China – Melco partners with Garena to bring eSports to Macau

Melco Resorts & Entertainment has partnered with digital entertainment platform Garena to host the 2018 League of Legends Master Series (LMS) Spring Final at Studio City Macau. Realising Melco’s mission to shape the future of entertainment, the LMS tournament was held in Macau yesterday for the first time as one of the enclave’s largest eSports…

China – Analysts confused by Studio city IPO

In a move that has confused analysts, Melco International will lessen its ownership in its Macau casino Studio City by floating part of its shares in the US. Its motives are not yet known although analysts believe it could be to raise money to complete phase 2 of the Macau casino. Having seen its joint…

China – S&P adds to speculation that Studio City could default

Credit-debt watcher Standard & Poor (S&P) Global Ratings has lowered its outlook on Melco Crown Entertainment’s fledgling Macau casino Studio City to negative amid speculation that the group could default on a US$1.41bn loan. The move by S&P came as Melco Crown officials looked to separate financial links between its various assets. A statement from…