Galaxy Macau & Broadway Macau Factsheet
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Asia Hospitality Report October 2011
ASIA HOSPITALITY REPORT OCTOBER 2011 ASIA HOSPITALITY REPORT OCTOBER 2011 CONTENTS Hotel Muse – Hotel (Bangkok ) Banyan Tree Macau – Resort (Macau) TOKYO OSAKA SINGAPORE MILAN PARIS NEW YORK LOS ANGELES www.garde.co.jp ASIA HOSPITALITY REPORT OCTOBER 2011 Hotel Muse Project Overview Rising 25 storeys above the upscale residential area of Langsuan Road in the city’s center, Hotel Muse offers 174 lavish guest rooms along with a distinctive array of dining and entertainment venues. The hotel has an eclectic interior full of opulent art and design inspired by the golden era of King Rama V, blended with European influences. The six room categories are named after Buddhist cosmology, starting with Jatu rooms, which measure 39 sqm. The next level up is Dowadueng, Yama, Dusid, Nimman and, finally, the Paranim penthouse, which measures 216 sqm and features a guest bathroom, king-size bed, sitting room and kitchen. There are 5 dining outlets: Le Salon, Medici, Su Tha Ros, The Speakeasy and Wet Bar. For business travelers, Hotel Muse offers venues for meetings and events, including a boardroom in The Speakeasy bar and private dining areas at Medici and Su Tha Ros. Hotel Muse Bangkok is the second hotel in the city that belongs to the MGallery collection after VIE Hotel. The hotel celebrated its soft opening this month, with about half of the guest rooms completed and the rest currently under construction. Project Details 1. Type of Business: Luxury boutique hotel. 2. Open Date: October 2011 (soft opening) 3. Concept: MGallery’s category of “Vision”, where the interior design is inspired by a historical era. -
Las Vegas Sands Corp. Annual Report 2018
Las Vegas Sands Corp. Annual Report 2018 Form 10-K (NYSE:LVS) Published: February 23rd, 2018 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2017 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32373 LAS VEGAS SANDS CORP. (Exact name of registrant as specified in its charter) Nevada 27-0099920 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 3355 Las Vegas Boulevard South Las Vegas, Nevada 89109 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (702) 414-1000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock ($0.001 par value) New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filing requirements for the past 90 days. -
4Q16 Earnings Call Presentation January 25, 2017
The Parisian Macao The Venetian Macao Sands Cotai Central, Macao Marina Bay Sands, Singapore (Opened Sept. 13, 2016) 4Q16 Earnings Call Presentation January 25, 2017 Sands Macao Four Seasons Macao Sands Bethlehem The Venetian Las Vegas The Palazzo, Las Vegas Forward Looking Statements This presentation contains forward‐looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward‐looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, general economic conditions, competition, new development, construction and ventures, substantial leverage and debt service, government regulation, tax law changes, legalization of gaming, interest rates, future terrorist acts, influenza, insurance, gaming promoters, risks relating to our gaming licenses, certificate and subconcession, infrastructure in Macao, our ability to meet certain development deadlines, our subsidiaries’ ability to make distribution payments to us, and other factors detailed in the reports filed by Las Vegas Sands with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward‐looking statements, which speak only as of the date thereof. Las Vegas Sands assumes no obligation to update such information. Within this presentation, the company may make reference to certain non‐GAAP -
Casino Boss Francis Lui Won Big in Macau, but His Next
IT DIDN’T QUITE WORK OUT THAT WAY. A partnership with an American casino operator fi zzled, so after running a couple of card clubs in other peo- ple’s hotels, his family’s irm, Galaxy Entertainment Group, built one of Macau’s new glittering casinos BY RUSSELL PEARLMAN in 2006. That and building two other incredibly successful casinos in Macau transformed Lui, 62, from the ambitious son of a wealthy Hong Kong con- struction magnate into one of the world’s richest men. In turn, Lui helped transform Macau—which over the past several hundred years has been, in turn, a waystation for refugees fl eeing the Mongols, a bustling Portuguese-run trading colony, a haven for CASINO BOSS early-20th-century gangsters and a neutral port in the storm of World War II—into its latest incarnation: the world’s biggest betting parlor. Gamblers drop more than FRANCIS LUI WON BIG $28 billion a year betting at Macau’s casinos. Las Vegas doesn’t even get one-quarter of that. But instead of sitting back and enjoying Macau’s current form, he’s at the forefront of trying to reinvent the area yet IN MACAU, BUT HIS again. He’s making a multibillion-dollar bet that Macau’s next reinvention won’t involve much gambling at all. Over the next few years, Galaxy wants to add NEXT BET BARELY 10.7 million square feet of space to its existing Galaxy Macau resort, nearly doubling its size. It potentially will include a convention center, a concert venue with INVOLVES GAMBLING. -
Galaxy Macau Macau [CHN] Kultur: Hotell, Spas & Anläggningar Länkar: Galaxymacau.Com
Arkitekt: SimonKwan&Associates,Wong&Ou Fakta YangHKLtd,BenoyArchitects,HBA Ort: Cotai,Macau Yta Fellert: 3000m2(ThePromenade), 2900m2(JWMarriottHotel) Produkt: EvenBetterSilk Installatör Fellert: EurasiaArchitecturalProducts Typ av projekt: Nybyggnation Lyxen av tystnad i en storslagen fusion av klassicistisk och asiatisk arkitektur Som ett mytomspunnet palats reser sig Galaxy Mötetmellanasiatiskaocheuropeiskaelement Macau med sina karaktäristiska tornkupoler över andasluxuöselegans.NärmankommerinpåThe the Cotai Strip. Ett tropiskt paradis där väst möter Promenade,kliverduiniensval,crèmefärgadoas. öst i en alldeles egen arkitektonisk identitet. Det Ett5thAvenue,BondStreetellerAvenueMon- här en av världens mest spektakulära nöjes- och taigneinnanförmjuktföljsammaväggarochsläta semesterdestinationer. slingrandetak.Bladetsformharinspireratdetde- MedhotellsomHotelOkuraMacauochBanyan korativauttrycketochåterfinnsisidopaneler,väg- TreeMacautillnytillkomnaTheRitz-CarltonMacau garochbalustrader.Detfinnsettskimmer,mot ochJWMariott,casinoispecialdesignadasiatisk enstilrenbakgrundliggerutströddadownlights gestaltning,över100restaurangerochbarermed varsljusreflekterasidepoleradestengolven.Folk Michelin-rekommenderatinternationelltoch strosarrofylltöverdeblankaytorna,detråderen asiatisktkök,unikaspa,eventochkonferensmil- dämpad,behagligakustik.Kanskeärdetdärförde jöersamtshoppingpåThePromenademedöver dröjersigkvar.GalaxyMacauärinteShangri-la, 200exklusivabutikerhamnardethärblandettav mendetärdefinitivtenplatsdärmankliverinien Forbeshögstrankaderesmål. magiskvärldförenlitenstund. Projektsummering: •Exklusiv kompromisslös design •Höga krav på ljudabsorbtion •Dominerande material: sten Galaxy Macau Macau[CHN] kultur: hotell, spas & anläggningar Länkar: galaxymacau.com. -
Press Release Galaxy Macau.Key
IMPOSSIBLE FOODS LAUNCHES IN MACAU, CHINA’S TOURIST HOTSPOT • Impossible Foods’ flagship product debuts in Macau at world-class Asian resort destination Galaxy Macau • Impossible Foods’ flagship product is now available in Hong Kong and Macau, and the food tech startup will continue to expand throughout Asia • The award-winning Impossible™ Burger is now served at nearly 3,000 locations MACAU (30 July 2018) –– Impossible Foods is launching its award-winning, plant-based meat in Macau at one of the world’s hottest entertainment and dining resort complexes. Starting today, Impossible Foods’ flagship product will be available at three popular restaurants at Galaxy Macau, Asia’s premier integrated resort and entertainment hub. Galaxy Macau has some of Asia’s top- ranked restaurants and entertainment venues, as well as more than 3,000 hotel rooms on the glamorous Cotai Strip. Macau is one of the world’s leading resort destinations. A former colony of Portugal and a historic trading post for Asia, Macau is now a Chinese Special Administrative Region. Macau’s international food scene and unique cuisine draws influences from Southern China, Southeast Asia and Europe. “We’re humbled to launch in Asia’s premier tourist destination at one of the world’s most spectacular resorts,” said Nick Halla, Senior Vice President for International at Impossible Foods. “Macau is a global crossroads of ideas and influences, and we are confident that chefs and consumers in Macau’s dynamic restaurant scene will fully embrace plant-based meat.” IN THE USA, ASIA… AND THROUGHOUT THE GALAXY Impossible Foods’ plant-based meat is also served in nearly 3,000 restaurants across the United States -- from award-winning restaurants to mom-and-pop diners to America’s original fast-food chain, White Castle. -
2Q18 Earnings Call Presentation July 25, 2018
The Venetian Macao Sands Cotai Central, Macao Marina Bay Sands, Singapore The Parisian Macao 2Q18 Earnings Call Presentation July 25, 2018 Sands Macao Four Seasons Macao Sands Bethlehem The Venetian Las Vegas The Palazzo, Las Vegas Forward Looking Statements This presentation contains forward‐looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward‐looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, general economic conditions, competition, new development, construction and ventures, substantial leverage and debt service, fluctuations in currency exchange rates and interest rates, government regulation, tax law changes and the impact of U.S. tax reform, legalization of gaming, natural or man‐made disasters, terrorist acts or war, outbreaks of infectious diseases, insurance, gaming promoters, risks relating to our gaming licenses, certificate and subconcession, infrastructure in Macao, our subsidiaries’ ability to make distribution payments to us, and other factors detailed in the reports filed by Las Vegas Sands with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward‐looking statements, which speak only as of the date thereof. Las Vegas Sands assumes no obligation to update such information. Within this presentation, the -
UNO Template
04 December 2013 Asia Pacific/Australia Equity Research Casinos & Gaming (Casino & Gaming (AU)) Crown (CWN.AX / CWN AU) Rating (from Outperform) UNDERPERFORM* DOWNGRADE RATING Price (04 Dec 13, A$) 16.65 Target price (A$) 16.40¹ Market cap. (A$mn) 12,127.76 Pause in the rally Yr avg. mthly trading (A$mn) 433 Last month's trading (A$mn) 448 Projected return: ■ We believe Crown will UNDERPERFORM in the short-term as Macau Capital gain (%) -1.5 gaming stocks have become expensive. We lower our rating from Dividend yield (net %) 2.2 Outperform. We upgrade our FY14 NPAT 8% on a strong MPEL 3Q. Our Total return (%) 0.72 DCF-based target price remains unchanged as the uplift in our MPEL 52-week price range 17.2 - 10.1 * Stock ratings are relative to the relevant country benchmark. valuation was offset by weakness in the domestic casinos as reported at ¹Target price is for 12 months. CWN’s AGM. CWN reported that main floor gaming across its Australia casinos was in-line with the prior year for the 17 weeks ending October 27. It Research Analysts was implied from the AGM language that VIP was running below the pcp. Larry Gandler 61 3 9280 1855 ■ For calendar 2014 we factor 6% gaming revenue growth for MPEL – a [email protected] somewhat slower pace than the 22% for 2013E. Our US$32.50 MPEL DCF Kenny Lau, CFA equates to 12.1x 2014E EBITDA. Currently, MPEL is trading at 13.1x 2014E 852 2101 7914 EBITDA. Also, the margin expansion phase may be slowing as mass market [email protected] table hold rates rose from the low-20s to the low-30s by 2013E. -
Studio City Finance Limited (Incorporated in British Virgin Islands with Limited Liability) (US$825,000,000 8.5% Senior Notes Due 2020)
Studio City Finance Limited (incorporated in British Virgin Islands with limited liability) (US$825,000,000 8.5% Senior Notes due 2020) We refer to the audited financial statements, on a consolidated basis, in respect of the fiscal year ended December 31, 2013 together with the related information (the “Annual Report”), which has been filed and published by us on April 30, 2014 through the website of the Singapore Exchange Securities Trading Limited (“SGX”). Due to certain technical issues beyond our control, the Annual Report failed to be displayed properly under our name on the SGX website. In order to facilitate our investors’ accessing to the Annual Report, we re-attach the Annual Report to this announcement. May 22, 2014 Explanatory Note This annual report serves to provide holders of Studio City Finance Limited’s US$825,000,000 8.50% senior notes due 2020 (the “Studio City Notes”) with Studio City Finance Limited’s audited fi nancial statements, on a consolidated basis, in respect of the fi scal year ended December 31, 2013 together with the related information, pursuant to the terms of the indenture, dated November 26, 2012, relating to the Studio City Notes. Studio City Finance Limited is a subsidiary of Melco Crown Entertainment Limited. i Studio City Finance Limited TABLE OF CONTENTS For the Year Ended December 31, 2013 INTRODUCTION . 1 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS. 4 EXCHANGE RATE INFORMATION. 5 SELECTED CONSOLIDATED FINANCIAL INFORMATION. 6 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS . 8 BUSINESS . 17 MANAGEMENT . 27 RELATED PARTY TRANSACTIONS . -
BUSINESS OVERVIEW Our Subsidiary, MGM Grand Paradise, Is
BUSINESS OVERVIEW Our subsidiary, MGM Grand Paradise, is one of the leading casino gaming resort developers, owners and operators in the greater China region and holds one of the six gaming concessions/ subconcessions in Macau. According to the DICJ, for the month of December 2010, in terms of revenue, we held an approximate 11.4% market share out of the 33 casinos in Macau. We currently own and operate MGM Macau, a premium integrated casino resort on the Macau Peninsula. In addition, we are also exploring growth opportunities in Cotai, the other key area of casino gaming development in Macau. We have identified a site of approximately 17.8 acres in Cotai and have submitted an application to the Macau Government to obtain the right to lease this parcel of land. We are awaiting approval of this application. We benefit from the complementary expertise of MGM Resorts International and Pansy Ho. Immediately following the completion of the Global Offering, our controlling shareholder will be MGM Resorts International (with an interest in 51% of our issued share capital) and Pansy Ho and her controlled companies will be our substantial shareholder (with an interest in 29% of our issued share capital, assuming the Over-allotment Option is not exercised). As a result of the relationship between MGM Resorts International and Pansy Ho in respect of our Company following the completion of the Global Offering and the arrangements in place under the Voting Agreement, MGM Resorts International and Pansy Ho will be considered to be parties acting in concert (as that term is defined in the Takeovers Code) in relation to our Company. -
Morgan Stanley Asia Pacific Conference November 2014 Forward Looking Statements
Morgan Stanley Asia Pacific Conference November 2014 Forward Looking Statements This presentation contains forward-looking statements regarding operating trends, future results of operations and the completion of new projects, which are subject to change. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by us. Additional information concerning potential factors that could affect the Company's financial results are included in the Company's Form 10-K for the year ended December 31, 2013 and the Company's other periodic reports filed with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update its forward-looking statements as a result of new information, future events or otherwise. This presentation includes non-GAAP financial measures as defined in the Securities and Exchange Commission’s Regulation G. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures is available on our website at www.wynnresorts.com in the earnings release for the applicable periods. 2 Strong Balance Sheet with Ample Liquidity – Cash and Investments: $3.1 billion – Debt Outstanding: $7.3 billion – LTM Adjusted Property EBITDA: $1.9 billion 72.2% equity 100% equity and voting Wynn Macau Wynn Las Vegas – Cash and Investments: $1.7 billion – Debt Outstanding: -
Galaxy Entertainment Group and Wynn Resorts Limited Announce Investment
Galaxy Entertainment Group and Wynn Resorts Limited Announce Investment Additional agreements result in sale of Steve Wynn’s remaining holdings in Wynn Resorts HONG KONG/LAS VEGAS, March 22, 2018 EST -- Galaxy Entertainment Group (HKEx stock code: 27) and Wynn Resorts, Limited (NASDAQ: WYNN) today announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts. Galaxy Entertainment Group Vice Chairman Francis Lui said, “This is a unique opportunity to acquire an investment in a globally recognized entertainment corporation with exceptionally high quality assets and a significant development pipeline.” “It is an honor to have such a distinguished company as Galaxy Entertainment as a shareholder which shares many of the same core operating philosophies and values,” said Wynn Resorts CEO Matt Maddox. In addition, two long-term institutional investors, both of whom are currently investors in Wynn Resorts, have agreed to purchase the remaining eight million shares held by founder and former Wynn Resorts CEO Steve Wynn, thus demonstrating their confidence in the long-term strength of the company. The purchase price of the shares held by Mr. Wynn is also $175 a share. The two sales, combined with previous sales by Mr. Wynn, effectively eliminate his ownership in Wynn Resorts. Today’s announcement follows the settlement two weeks ago of long-standing litigation between Wynn Resorts and Universal Entertainment Corporation. The resolution of that litigation, combined with the new agreement with Galaxy Entertainment Group and the liquidation of Steve Wynn’s shares in the company positions Wynn Resorts for even greater stability, strategic focus and future growth.