Morpheus Attains International Hotel & Property Award 2020
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
4Q19 Earnings Call Presentation January 29, 2020 Forward Looking Statements
4Q19 Earnings Call Presentation January 29, 2020 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, disruptions or reductions in travel, as well as in our operations, due to natural or man-made disasters, pandemics, epidemics, or outbreaks of infectious or contagious diseases such as the coronavirus originating in Wuhan, China, new development, construction and ventures, government regulation, risks relating to our gaming licenses and subconcession, fluctuations in currency exchange rates and interest rates, substantial leverage and debt service, gaming promoters, competition, tax law changes, infrastructure in Macao, political instability, civil unrest, terrorist acts or war, legalization of gaming, insurance, 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 -
City of Dreams Resort and Casino, Grand Hyatt, Hard Rock and Crown Towers Hotels
City of Dreams Resort and Casino, Grand Hyatt, Hard Rock and Crown Towers Hotels The City of Dreams Resort includes four state-of-the-art casino hotel towers with 1,622 guest rooms: the 5-star, 970-key Grand Hyatt Hotel, the 5-star, 286-key Crown Towers; and the 4-star, 366-key Hard Rock Hotel. The development is designed to accommodate conventions and conferences. Its three-floor podium includes many large ballrooms, banquet halls, meeting rooms and business facilities; a mega-casino and over 200 shopping venues and hotel guest amenities. The development has 420,000 SF (39,000 m2) of gaming space with 550 gaming tables and 1500 gaming machines, over 20 restaurants and bars, including one of the largest in the city. Included within the property is 175,000 SF (16,300 m2) of high-end retail space spread across two levels. City of Dreams was designed to the highest quality in international standards, making it the premier development and destination in the Cotai Strip of Macau and the region for leisure and entertainment. Location: Macau, China Type: Hospitality, Master Planning, Mixed-Use, Retail / Entertainment, Waterfront Services: Master Planning, Architecture, Interiors, Landscape Size: 4,107,000 sf / 382,000 m2 Awards: * Society of American Registered Architects (SARA) | Design Award of Recognition * TTG China Travel Awards | “Best Luxury Hotel in Macau” for Grand Hyatt Hotel * World Luxury Spa Awards | “Best Luxury Hotel Spa” for Crown Towers * TTG Travel Awards | Best Integrated Resort * Forbes Travel Guide | Five-Star Hotel Award * International Gaming Awards | Best Casino Interior Design * International Gaming Awards | Best Casino Operator for the Asia Pacific Region * International Gaming Awards | Best Casino VIP Room * International Property Awards | Best Leisure Development in Asia Pacific * International Property Awards | Best Leisure Development in China * Macau Environmental Protection Bureau with the collaboration of Macao Government Tourist Office | Bronze Award 2010 Macao Green Hotel Award * SGS | Indoor Environmental Quality (IEQ) Certification. -
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. -
Marina Bay Sands
3Q19 Earnings Call Presentation October 23, 2019 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 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 company may make reference to certain non-GAAP financial measures including “adjusted net income,” “adjusted earnings per diluted share,” and “consolidated adjusted property EBITDA,” which have directly comparable financial measures presented in accordance with accounting principles generally accepted in the United States of America ("GAAP"), along with “adjusted property EBITDA margin,” “hold-normalized adjusted property EBITDA,” “hold-normalized adjusted property EBITDA margin,” “hold-normalized adjusted net income,” and “hold-normalized adjusted earnings per diluted share,” as well as presenting these or other items on a constant currency basis. -
For Immediate Release World's First Multi-Venue, Interactive Magic Experience
FOR IMMEDIATE RELEASE WORLD’S FIRST MULTI-VENUE, INTERACTIVE MAGIC EXPERIENCE ‘THE HOUSE OF MAGIC’ AT STUDIO CITY REVEALS ALL-STAR LINE-UP OF MASTER MAGICIANS Macau’s First and Only Permanent Magic Extravaganza Macau – June 10, 2015 – Melco Crown Entertainment Limited (SEHK: 6883) (Nasdaq: MPEL) (“Melco Crown Entertainment” or the “Company”), a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, today revealed an all-star line-up of top international magicians for ‘The House of Magic’ at Studio City, the first and only permanent magic extravaganza in Macau. Designed, curated and hosted by world-acclaimed illusionist Franz Harary, ‘The House of Magic’ is the world’s first multi-theater, immersive visitor magic experiences, designed for magicians by a master magician and featuring live magicians and set in a mystical three-theater showcase complex of amazing, mind-bending magic. It represents just one of the stunning world-class entertainment centerpieces at the US$3.2 billion Studio City, envisioned by Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment, as a thrilling new cinematically- themed entertainment and leisure destination in Macau that is set to become Asia’s Entertainment Capital and to take Macau’s non-gaming entertainment destination proposition to unprecedented new levels. Internationally acclaimed, Franz Harary is a pioneer of illusion on an epic scale that has yet to be matched in the history of magic. His illusions have been seen by more people in more countries than all other magicians combined. Milestones include the disappearance of the Sphinx in Cairo, India’s Taj Mahal and NASA’s Space Shuttle at the Kennedy Space Center. -
2020 Annual Report
Stock Code: 1928 and Note Stock Codes: 5140, 5141, 5142, 5725, 5727, 5733, 40246, 40247, 40584, 40585 www.sandschina.com From Luxury Duty Free Shopping, Exciting Entertainment and Fabulous Dining to World-Class Hotel Suites and MICE, Come and Discover Everything at Sands China. SANDS CHINA LTD. CONTENTS 1. OVERVIEW 4 1.1 Financial Results Summary 4 1.2 Highlights of 2020 5 1.3 Directors and Senior Management 11 2. BUSINESS REVIEW 18 2.1 Chairman’s Statement 18 2.2 Business Overview and Outlook 20 2.3 Our Properties 26 2.4 Management Discussion and Analysis 33 2.5 Priority Risk Factors 47 2.6 Stakeholder Information 59 3. CORPORATE GOVERNANCE 66 REPORT 3.1 Introduction 66 3.2 Corporate Governance Code Compliance 66 3.3 Board Governance Structure 67 3.4 The Board 68 3.5 Audit Committee 74 3.6 Remuneration Committee 76 3.7 Nomination Committee 78 3.8 Capex Committee 81 3.9 Risk Management and Internal Control 82 3.10 Shareholders 87 3.11 Compliance Disclosures and Other Matters 90 3.12 Directors’ Report 92 4. FINANCIAL STATEMENTS 113 4.1 Independent Auditor’s Report 113 4.2 Financial Statements 117 4.3 Notes to the Consolidated Financial Statements 123 4.4 Financial Summary 193 5. CORPORATE INFORMATION 194 6. CONTACT US 195 7. GLOSSARY 196 In case of any inconsistency between the English version and the Chinese version of this Annual Report, the English version shall prevail. SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS 2 ANNUAL REPORT 2020 SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS our Luxurious Hotel Rooms and Suites await you. -
Event Transcript
REFINITIV STREETEVENTS EDITED TRANSCRIPT Q4 2020 Melco Resorts & Entertainment Ltd Earnings Call EVENT DATE/TIME: FEBRUARY 25, 2021 / 1:30PM GMT REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us 1 ©2021 Refinitiv. All rights reserved. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 25, 2021 / 1:30PM GMT, Q4 2020 Melco Resorts & Entertainment Ltd Earnings Call CORPORATE PARTICIPANTS Lawrence Ho Melco Resorts & Entertainment Limited - Founder, Chairman & CEO Geoffrey Stuart Davis Melco Resorts & Entertainment Limited - Executive VP & CFO David Ross Sisk Melco Resorts & Entertainment Limited - COO of Macau Resorts & Property President of City of Dreams-Macau Timothy Mazik Melco Resorts & Entertainment - Director of Finance CONFERENCE CALL PARTICIPANTS Hay Ling Ng BofA Securities, Research Division - Research Analyst Joseph Richard Greff JPMorgan Chase & Co, Research Division - MD K. Y. Cheung Goldman Sachs Group, Inc., Research Division - MD Praveen Kumar Choudhary Morgan Stanley, Research Division - MD Sean Ng American Century - Research Division PRESENTATION Operator Ladies and gentlemen, thank you for participating in the Fourth Quarter 2020 Earnings Conference Call of Melco Resorts & Entertainment Limited. (Operator Instructions) Today's conference call is being recorded. I would now like to turn the call over to Mr. Timothy Mazik. Thank you. Please go ahead, sir. Timothy Mazik Melco Resorts & Entertainment - Director of Finance Thank you for joining us today for our fourth quarter 2020 earnings call. On the call are Lawrence Ho, Geoff Davis, Evan Winkler, and our Property Presidents in Macau, Manila and Cyprus. -
Packer's Helping Hand
Packer’s helping hand It was a year ago when a frail Kerry Packer carefully made his way into the Hyatt Hotel in Sydney for breakfast with his mate, Las Vegas casino legend Steve Wynn. Packer wanted to know what he thought about his son James Packer’s deal with the 28-year-old Lawrence Ho, the son of Macau casino veteran Stanley Ho, to go into the casino business together in the former Portuguese colony. Casino operators such as Wynn, Sheldon Adelson’s Las Vegas Sands and the MGM Mirage group are betting billions of dollars that Macau, the only place in China with legalised casinos, is set to become the Las Vegas of Asia. By doing a deal with Ho, James Packer – who will be in Macau on Monday for the ground-breaking ceremony for the $ 1.4 billion City of Dreams casino – is putting the Packer family’s Publishing and Broadcasting Ltd’s money on the table beside the other big players in Macau in the biggest gamble of his short corporate life. „He was ill,“ Wynn recalled about his meeting with Kerry Packer in an interview with The Australian this week from Macau, where he is preparing for the opening of the $ 1 billion Wynn Macau in September. „It was hard for him to walk,“ Wynn said. „What do you think of the deal Jamie made?“ a concerned Packer asked Wynn, famous for his lavish Las Vegas mega-casinos such as the Bellagio and the Mirage. „Are the kids on the right track?“ Packer wanted to know. -
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 -
Melco Chairman and CEO Mr. Lawrence Ho Attends the 2Nd Belt
FOR IMMEDIATE RELEASE Melco Chairman and CEO Mr. Lawrence Ho attends the 2nd Belt and Road Forum for International Cooperation in Beijing, China Supporting the Chinese Central Government’s development strategy to enhance global trade and regional connectivity Macau, Friday, May 3, 2019 – Melco Group strongly supports the Chinese Central Government’s Belt and Road Initiative (BRI) to enhance global trade and regional connectivity. The Company’s Chairman and CEO Mr. Lawrence Ho attended the 2nd Belt and Road Forum for International Cooperation in Beijing, China, with Mr. Melis Shiacolas, Managing Director of CNS Group; the parent company of The Cyprus Phassouri (Zakaki) Limited, which is a member of the Integrated Casino Resorts Cyprus Consortium. In Cyprus, this consortium led by Melco Group, is developing and will operate the City of Dreams Mediterranean integrated resort as well as the four Cyprus Casinos “C2” satellite casinos. The attendance of Messrs. Ho and Shiacolas at this prestigious three-day event, which was attended by leaders of approximately 40 foreign governments and 5,000 foreign representatives from 150 countries, is yet another clear signal of the parties intent that the ‘City of Dreams Mediterranean’ integrated resort development will further elevate Cyprus as a top global leisure and business travel destination in both the region and internationally. Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, “Melco is fully supportive of the Chinese Central Government’s Belt and Road Initiative as a strong catalyst to enable businesses to seize international trade development opportunities not only in the Greater Bay Area but also in Cyprus which is strategically located between Europe, Asia and Africa and is primed to play a major role in the on-going Belt and Road Initiative. -
Morpheus Hotel Press Release
Studio London Morpheus, a new flagship hotel for the City of Dreams resort in Macau, 10 Bowling Green Lane London EC1R 0BQ opens Friday 15 June 2018. T +44 20 7253 5147 F +44 20 7251 8322 Asia’s most popular entertainment destination, Macau welcomed more than 32 [email protected] million tourists in 2017, with visitor numbers increasing every year. Located in www.zaha-hadid.com Cotai, Macau, City of Dreams is a leading integrated resort including casino, two theatres, shopping district, 20 restaurants and four hotels. Informed by the fluid forms within China’s rich traditions of jade carving, the Morpheus Hotel Morpheus’ design combines dramatic public spaces and generous guest rooms City of Dreams Resort with innovative engineering and formal cohesion. Macau Conceived as a vertical extrusion of its rectangular footprint, a series of voids is carved through its centre to create an urban window connecting the hotel’s interior communal spaces with the city and generating the sculptural forms that Press release define the hotel’s public spaces. 14 June 2018 Linked at ground level with the surrounding three-storey podium of the City of Dreams resort, the Morpheus houses 770 guest rooms, suites and sky villas, and includes civic spaces, meeting and event facilities, gaming rooms, lobby atrium, restaurants, spa and rooftop pool, as well as extensive back-of-house areas and ancillary facilities. The design resolves the hotel’s many complex programmes within a single cohesive envelope. Zaha Hadid Architects (ZHA) was commissioned to build the hotel in 2012. At that time, foundations were already in place of a condominium tower that did not progress. -
Sargent's Court Reporting Service, Inc. (814) 536-8908 2
COMMONWEALTH OF PENNSYLVANIA GAMING CONTROL BOARD * * * * * * * * PUBLIC HEARING IN RE: WASHINGTON TROTTING ASSOCIATION (WTA) JOINT APPLICATION WITH CROWN LIMITED FOR APPROVAL OF THE CHANGE OF CONTROL OF WTA AND OTHER RELIEF BEFORE: Gregory C. Fajt, Chairman Raymond S. Angeli, Jeffrey W. Coy, James B. Ginty, Kenneth T. McCabe, Gary A. Sojka, Kenneth I. Trujillo David Barasch, Representing C. Daniel Hassell, Secretary of Revenue, Ex-Officio Member; Jorge M. Augusto, Representing Russell Redding, Secretary of Agriculture, Ex-Officio Member HEARING: January 6, 2011 10:05 a.m. LOCATION: The State Museum Auditorium 300 North Street Harrisburg, PA 17120 Reporter: Cynthia Piro-Simpson Any reproduction of this transcript is prohibited without authorization by the certifying agency. Sargent's Court Reporting Service, Inc. (814) 536-8908 2 1 A P P E A R A N C E S 2 OFFICE OF CHIEF COUNSEL 3 R. DOUGLAS SHERMAN, ESQUIRE 4 Chief Counsel 5 STEPHEN S. COOK, ESQUIRE 6 Deputy Chief Counsel 7 SUSAN YOCUM, ESQUIRE 8 Assistant Chief Counsel 9 OFFICE OF ENFORCEMENT COUNSEL 10 CYRUS PITRE, ESQUIRE 11 Chief Enforcement Counsel 12 BARRY CREANY, ESQUIRE 13 Deputy Chief Enforcement Counsel, West 14 DALE MILLER, ESQUIRE 15 Deputy Chief Enforcement Counsel, East 16 NAN DAVENPORT, ESQUIRE 17 Deputy Chief Enforcement Counsel, Central 18 BILLIE JO MATELEVICH-HOANG, ESQUIRE 19 MELISSA POWERS, ESQUIRE 20 DUSTIN MILLER, ESQUIRE 21 Assistant Enforcement Counsel 22 PA Gaming Control Board 23 P.O. Box 69060 24 Harrisburg, PA 17106-9060 25 Counsel for Pennsylvania Gaming Control Board Sargent's Court Reporting Service, Inc. (814) 536-8908 3 1 A P P E A R A N C E S (cont.) 2 3 LYNNE LEVIN KAUFMAN, ESQUIRE 4 Cooper Levenson 5 1125 Atlantic Avenue 6 Atlantic City, NJ 08401 7 Counsel for Crown Limited 8 9 MARIE J.