Studio City, the US$3.2 billion cinematically-themed leisure
destination resort, opens its doors today, heralding a new era of
world-class entertainment, set to redefine Macau as an
truly-international tourism destination.
Photos accompanying this release are available
at
http://www.globenewswire.com/NewsRoom/AttachmentNg/d0ecbf1c-462b-4233-ac34-7db049c13d2f
http://www.globenewswire.com/NewsRoom/AttachmentNg/37c13f2b-58a7-4a0c-b2bd-79dbe92a9b7d
http://www.globenewswire.com/NewsRoom/AttachmentNg/97783667-5b78-459e-b730-3694b0804d4b
http://www.globenewswire.com/NewsRoom/AttachmentNg/82a478db-66c8-45fc-8ab9-6d0191c081f7
A press conference attended by Melco
Crown Entertainment Co-Chairman and CEO Mr. Lawrence Ho and
Co-Chairman Mr. James Packer, was held to mark the
official launch of the stunning integrated gaming and entertainment
resort.
Studio City, developed by Studio City
International Holdings Limited, a company in which Melco Crown
Entertainment Limited (NASDAQ:MPEL) (“Melco Crown Entertainment” or
the “Company”) owns a 60% interest, has been designed to be the
most diversified entertainment resort offering in Macau – with more
international-brand entertainment amenities under-one-roof than any
integrated resort in the market.
Asia’s Entertainment Capital
Envisaged by Mr. Lawrence Ho as Asia’s
Entertainment Capital, Studio City’s Hollywood-inspired,
cinematically-themed concept and world-leading entertainment,
hotel, retail, Food and Beverage and gaming offerings have been
tailored to specifically appeal and cater to the desires and
aspirations of the vast and rapidly growing numbers of dynamic
Asian and international leisure destination thrill-seekers.
“Today marks the start of a new era of leisure
destination entertainment for Macau and Asia,” said Melco
Crown Entertainment’s Co-Chairman and CEO Mr. Lawrence Ho.
‘It is the realization of our long-held vision to develop a leisure
and entertainment destination that has no equal in Macau.”
“The opening of Studio City stands testament to
Melco Crown Entertainment’s commitment to help to evolve and
greatly enhance Macau’s non-gaming entertainment proposition as we
continue to work towards our strategic aim in supporting its
evolution into a highly-diversified and world-leading leisure and
tourism destination.
“I would like to thank all of our Studio City
colleagues who are working so hard to make this incredible resort a
stunning, successful reality. Together, we are now ready and eager
to deliver a truly remarkable world-class leisure destination
experience for our visitors to Macau. We also gratefully
acknowledge the support of the Central and Macau governments in our
ambition to help develop Macau into a world center of leisure
tourism.”
Mr. James Packer, Co-Chairman of Melco
Crown Entertainment, added: “I am delighted to be here
with Lawrence for this momentous occasion, to celebrate the opening
of this magnificent destination resort.
“Studio City, with an array of world-firsts
entertainment attractions, is set to earn its place as an
internationally recognized leisure destination, enhancing Macau’s
tourism appeal on the world stage.
“Today’s grand opening is a key step in our
strategic vision of providing a world class portfolio of leisure
and entertainment resort experiences that meet the rapidly evolving
demands of Asian and international leisure visitors.”
Redefining Entertainment-Inspired Leisure
Destination
Studio City is now set to redefine the leisure
destination resort proposition in Macau and indeed Asia.
International brand entertainment offerings, combined with premier
hotel facilities and ‘movie-star’ service truly enables the visitor
to ‘Live like a Star’.
World-class, non-gaming entertainment offerings
will thrill visitors to Studio City. The art-deco inspired facade,
complete with the iconic Golden Reel – the world’s highest figure-8
Ferris wheel – is home to a world of non-stop entertainment
including the action-packed 4D flight simulation ride, Batman Dark
Flight; a 40,000-square-foot family entertainment center, Warner
Bros. Fun Zone, featuring world-renowned characters from Warner
Bros.’ DC Comics, Hanna-Barbera Productions and Looney Tunes
entertainment franchises; an incredible live magical experience
showcasing the world's greatest magicians, The House of Magic;
Macau’s first-ever Ibiza-style nightclub, Pacha Macau; and a
5,000-seat multi-purpose entertainment center, Studio City Event
Center, hosting exciting live concerts, theatrical and top sports
offerings in addition to award shows and other special showcase
events.
Electrifying entertainment will be combined with
an exciting array of accommodation at the approximately 1,600-room
Studio City Hotel, delivering ‘movie-star’ service in the
prestigious suites of ‘Star Tower’ and premium ‘Celebrity Tower’.
Studio City also offers an incredibly diverse range of
international restaurants, cafes and relaxed bars and lounges with
over 30 food and beverage venues located throughout the
property.
The Boulevard at Studio City delivers the
region’s most unique and innovative experiential 300,000 sq. ft.
‘immersive’ retail environment. It brings the world’s best shopping
to life in Macau by transporting guests to high-energy
street-scapes, with both live and hi-tech entertainment enchanting
them at every turn. Its streets and squares are inspired by iconic
shopping and entertainment locations, including New York’s Times
Square and Hollywood’s Beverly Hills.
Studio City is located in Cotai, Macau, close to
the Lotus Bridge immigration point which connects with Hengqin
Island, and a future station-point for the Macau Light Rapid
Transit. This Hollywood-themed studio-concept resort is the Asia’s
Entertainment Capital.
Studio City – This is Entertainment.
For further information on Studio City, please
visit: www.studiocity-macau.com, follow us on Sina Weibo at
www.weibo.com/studiocity and like us on Facebook at
http://www.facebook.com/studiocitymacau
For our latest press releases, visuals and multimedia, please
visit: www.studiocitymacaumedia.com
Safe Harbor Statement
This release contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. The Company may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission (the “SEC”), 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, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. These factors
include, but are not limited to, (i) growth of the gaming market
and visitation in Macau and the Philippines, (ii) capital and
credit market volatility, (iii) local and global economic
conditions, (iv) our anticipated growth strategies, (v) gaming
authority and other governmental approvals and regulations and (vi)
our future business development, results of operations and
financial condition. In some cases, forward-looking statements can
be identified by words or phrases such as “may”, “will”, “expect”,
“anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”,
“design”, “on track”, “believe”, “potential”, “continue”, “is/are
likely to” or other similar expressions. Further
information regarding these and other risks, uncertainties or
factors is included in the Company’s filings with the SEC. All
information provided in this 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, with its American
depositary shares listed on the NASDAQ Global Select Market
(NASDAQ:MPEL), is a developer, owner and operator of casino gaming
and entertainment casino resort facilities in Asia. Melco Crown
Entertainment currently operates Altira Macau
(www.altiramacau.com), a casino hotel located at Taipa, Macau and
City of Dreams (www.cityofdreamsmacau.com), an integrated urban
casino resort located in Cotai, Macau. Melco Crown Entertainment's
business also includes the Mocha Clubs (www.mochaclubs.com), which
comprise the largest non-casino based operations of electronic
gaming machines in Macau, and the newly opened Studio City
(www.studiocity-macau.com), a cinematically-themed integrated
entertainment, retail and gaming resort in Cotai, Macau. In the
Philippines, Melco Crown (Philippines) Resorts Corporation's
subsidiary, MCE Leisure (Philippines) Corporation, currently
operates and manages City of Dreams Manila
(www.cityofdreams.com.ph), a casino, hotel, retail and
entertainment integrated resort in the Entertainment City complex
in Manila. For more information about Melco Crown Entertainment,
please visit www.melco-crown.com.
Melco Crown Entertainment has strong support
from both of its major shareholders, Melco International
Development Limited ("Melco") and Crown Resorts Limited ("Crown").
Melco is a listed company on the Stock Exchange and is
substantially owned and led by Mr. Lawrence Ho, who is Co-Chairman,
an Executive Director and the Chief Executive Officer of Melco
Crown Entertainment. Crown is a top-50 company listed on the
Australian Securities Exchange and led by Mr. James Packer, who is
also Co-Chairman and a Non-executive Director of Melco Crown
Entertainment.
About Studio City
Studio City, when it opens, is set to take
Macau’s entertainment destination proposition to unprecedented new
levels, by providing a ‘next generation’ of outstanding
entertainment-driven leisure destination experiences that will help
the territory’s evolution into a truly international tourism
center.
The Hollywood-themed studio-concept resort is a
thrilling new cinematic inspired entertainment and leisure
destination and is designed to be the most diversified
entertainment offering in Macau. Ideally located on Cotai,
close to the Lotus Bridge immigration point connecting Hengqin
Island and a future station-point for the Macau Light Rapid
Transit, Studio City will deliver more world-class entertainment
amenities than any integrated resort in the market.
Studio City’s stunning Art Deco facade includes
the “Golden Reel”, the world’s highest figure-8 Ferris wheel which
straddles the resort’s two-tower hotel at a height of some 130
meters. The integrated resort will provide the ultimate in
sophisticated leisure entertainment, hotel, retail, dining and
lifestyle experiences.
The resort’s innovative entertainment offerings
include “Studio City Event Center”, a 5,000-seat multi-purpose
entertainment center designed to host live concerts, theatrical and
sporting events; and “Studio 8”, a 300-seat live-audience TV
broadcast studio for reality and game-show productions distributed
in the Asia region. The entertainment experiences also include a
magic theater “The House of Magic” and a Warner Bros. Batman-themed
4D flight simulation “Batman Dark Flight”, a 4,000-square-meter
family entertainment center “Warner Bros. Fun Zone” for kids filled
with Warner Bros.’ and DC Comics’ franchise characters and
play-rides, together with “Pacha Macau” which will bring
Ibiza-style nightlife to Macau.
Studio City is destined to deliver an
unparalleled leisure entertainment and hospitality experience,
strengthening the depth and diversity of Macau’s leisure, business
and tourism proposition as a leading visitor destination in
Asia.
For further information on Studio City visit:
www.studiocity-macau.com and follow us on Sina Weibo at
www.weibo.com/studiocity.
The photos are also available at Newscom,
www.newscom.com, and via AP PhotoExpress.
For investment community, please
contact: |
|
For media enquiry, please
contact: |
|
|
|
Ross Dunwoody |
|
Maggie Ma |
Vice President, Investor Relations |
|
Senior Vice President, |
Tel: +853 8868 7575 or +852 2598 3689 |
|
Corporate Communications & PR |
Email: rossdunwoody@melco-crown.com |
|
Tel: +853 8868 3767 or +852 3151 3767 |
|
|
Email: maggiema@melco-crown.com |
Melco Resorts and Entert... (NASDAQ:MLCO)
Historical Stock Chart
From Apr 2024 to May 2024
Melco Resorts and Entert... (NASDAQ:MLCO)
Historical Stock Chart
From May 2023 to May 2024