Studio City MACAU, CHINA

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Studio City MACAU, CHINA Macau has a long and celebrated Studio City includes significant LOCATION history. Its charming mix of Chinese gaming capacity, two five-star Situated in the heart of master and Portuguese cultures combines hotels, various entertainment planned Cotai, adjacent to the with the arrival of world-class attractions, retail, restaurants, bars Lotus Bridge Immigration Point integrated resorts and entertainment and a nightclub. and the light rail station destinations, strengthening its position as one of the world’s Studio City is adjacent to the Lotus leading tourism hot spots. Bridge Immigration Control Point COMPONENTS – one of the only two entry points Casino, 5-star hotel, over 20 Macau is a peerless tourism, by land from China. restaurants, nearly 60 retail retailing and entertainment stores, entertainment and destination. Studio City will also be directly leisure attractions serviced by a station of the new In 2014 annual visitor arrivals Macau Light Rail System, and front GROSS LEASABLE AREA exceeded 31.5 million. exposure to the ‘Golden Boulevard’ that runs the length of Cotai which Approx. 300,000sf / 28,000sm In 2013, tourists spent over will soon boast 26,000 hotel rooms US$5.6 billion on mall shopping in total. DEVELOPER alone, with double-digit annual Melco Crown spending growth expected for Studio City is now open and is one Entertainment Limited the next decade. of Macau’s ‘must see’ destinations. (NASDAQ: MPEL) Macau remains the most popular Merchandised and managed outbound travel and shopping by Taubman Asia, the retail WEBSITE destination for Chinese tourists. component of Studio City will www.studiocity-macau.com feature a sophisticated and Melco Crown Entertainment is glamorous mix of the hottest labels NOW OPEN developing Studio City, a new in the world, handpicked for cinematically-themed integrated discerning and fashion-conscious resort in Cotai, which is positioned shoppers. All information presented is correct at time of to satisfy a broad range of printing and may be subject to change. customer tastes and preferences. Studio City MACAU, CHINA LIGHT RAIL TRANSIT LINE TO MACAU TO MACAU TO TAIPA FERRY & STATIONS TERMINAL (UNDER CONSTRUCTION) MACAU JOCKEY CLUB MACAU INTERNATIONAL AIRPORT TAIPA MACAU UNIVERSITY NATURE OF SCIENCE & TECHNOLOGY RESERVE CITY OF VENETIAN DREAMS MACAU GRAND WYNN WALDO HOLIDAY GALAXY HOTEL INN MACAU MGM FOUR COTAI SEASONS CONRAD TENNIS SJM PARISIAN ACADEMY & SHERATON BOWLING CENTRE NATURE RESERVE PARCEL 7 MACAU LOTUS BRIDGE DOME LOTUS BRIDGE PARCEL 8 IMMIGRATION CAESAR’S GOLF MACAU HENGQIN ISLAND NATURE RESERVE TO COLOANE Corporate Headquarters - USA Taubman Asia - Seoul Taubman Asia - Xi’an T 1248.258.6800 T 822.6353.8600 T 8629.8960.5663 Taubman Asia - Beijing Taubman Asia - Shanghai Taubman Asia - Zhengzhou T 8610.8522.1998 T 8621.6288.1662 T 86371.8600.2628 Taubman Asia - Hong Kong Taubman Asia - Macau Email us at: T 852.3607.1333 T 853.8869.1000 [email protected] www.taubmanasia.com NOVEMBER 2015.

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CULINARY OFFERINGS at STUDIO CITY Studio City Offers a Diverse Range of World-Class Restaurants, Cafes and a Number of Relaxed B
CULINARY OFFERINGS AT STUDIO CITY Studio City offers a diverse range of world-class restaurants, cafes and a number of relaxed bars and lounges. Over 20 food and beverage outlets are located throughout the property, from authentic traditional Cantonese, northern Chinese, South East Asian, Japanese, Italian, western and international cuisines to Macau local delicacies. Gourmet dining – unrivalled in Macau – is also on the menu at Studio City with a stellar range of signature restaurants including one-Michelin-starred ‘Pearl Dragon’; Michelin- recommended Bi Ying; Italian ‘Trattoria Il Mulino’ from New York; and Japanese ‘Hide Yamamoto’; Chinese Pearl Dragon Pearl Dragon, helmed by Chef de Cuisine Lam Yuk Ming, is a one-Michelin-starred Cantonese restaurant (2017-18) that offers a truly exquisite dining experience at Studio City. It also received a Four-Star Award from the prestigious Forbes Travel Guide (2018). With a dedication to perfection, Pearl Dragon offers a menu showcasing refined provincial Chinese flavors, innovative culinary creations and the finest delicacies to tempt your palate. Pearl Dragon was also named Top 20 Best Restaurants in the Hong Kong Tatler Best Restaurants Hong Kong & Macau Edition 2017 and received SCMP’s 100 Top Tables award in 2017-18. Location: Shop 2111, Level 2, Star Tower Operating Hours: Monday – Friday, 12 noon – 3pm / 6pm – 11pm Saturday, Sunday and Public Holidays, 11am – 3pm / 6pm – 11pm Bi Ying Bi Ying, which has been recommended in the Michelin Guide Hong Kong Macau 2017-18, invites guests to indulge in a culinary tour of China through dishes from the North and the South. Provincial favorites such as clay pot congee, tasty stir-fried dishes, as well as Cantonese and Northern style dim sum are made to order in the open kitchen.
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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.
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Nov 13, 2019 Melco Announces Macau-First Pop-Up Store Initiative Exclusively for Local Small
FOR IMMEDIATE RELEASE Melco announces Macau-first pop-up store initiative exclusively for local Small and Medium Enterprises Macau, Wednesday, November 13, 2019 – Melco Resorts & Entertainment announces it will host a Macau-first pop-up store initiative exclusively for local Small and Medium Enterprises (SMEs) at Studio City in 2020. It serves as a continuation of the Melco philosophy to create and support the growth of local SMEs. Demonstrating Melco’s ongoing and steadfast commitment to SMEs, the scheme provides rent-free retail spaces and essential operational resources to participating SMES subsidized by Melco for optimized revenues through the marketing and selling of their products and services directly to Studio City’s visitors, tourists and shoppers. Mr. Geoff Andres, Property President of Studio City, said, “Melco is firmly committed to supporting local SME business development in Macau. As announced earlier this year, we have been planning a series of further initiatives to continue establishing detailed dialogue and understanding between ourselves and local SME businesses. We are pleased to introduce the forthcoming Macau-first pop-up store initiative at our Studio City property to provide support and contribute to the advancement of local small and medium-scale businesses and look forward to working in collaboration with our local vendors towards the sustainable development of Macau.” Melco continues to plan and implement numerous campaigns to support local SME development, including the forthcoming Studio City Christmas Bazaar, Macau-first pop-up store initiative, and the ‘Knowing You, Knowing Us’ campaign. Each of these initiatives aim to create a communications platform between SMEs and Melco, to help SMEs get to know Melco as a company, its management team and employees, as well as the Company’s operational requirements and standards, and for Melco to get to know Macau’s local suppliers, their businesses, services and offerings, and serve as a catalyst for the development of a sustainable Macau.
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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.
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Melco’s fine dining restaurants honored by Michelin Guide Hong Kong Macau 2021 with seven Michelin-stars Jan 27, 2021 MACAU, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Four signature restaurants across Melco Resorts & Entertainment properties including City of Dreams, Studio City and Altira Macau have been honored by Michelin Guide Hong Kong Macau 2021 with a collective total of seven Michelin-stars. The integrated resort operator’s Chinese fine dining restaurants Jade Dragon, Pearl Dragon and Ying are jointly honored with a total of five Michelin- stars. Furthermore, paying homage to the great traditions and savoir-faire of French gastronomy, Alain Ducasse at Morpheus has been awarded two Michelin-stars for the third consecutive year. The Michelin Guide Hong Kong Macau 2021 Star Revelation ceremony took place today and awarded Melco restaurants with the following star ratings: Jade Dragon – 3 Michelin-stars Located at City of Dreams, Jade Dragon is renowned for its premium Cantonese specialties and creative presentation. The restaurant delights diners with delectable Chinese delicacies and exceptional service that have raised the bar for Chinese fine-dining in Macau. Honors and awards include: • Michelin Guide Hong Kong Macau 2019 – 2021 (three stars) • Michelin Guide Hong Kong Macau 2016 – 2018 (two stars) • Michelin Guide Hong Kong Macau 2014 – 2015 (one star) • Forbes Travel Guide Five-Star Awards 2014 – 2020 • Asia’s 50 Best Restaurants 2017 – 2019 • Hong Kong Tatler Best Restaurants (Top 20 Restaurants) 2014 – 2018 • SCMP 100 Top Tables 2014 – 2018 Alain Ducasse at Morpheus – 2 Michelin-stars Paying homage to the great traditions and savoir-faire of French gastronomy, Alain Ducasse at Morpheus redefines fine dining with a contemporary vision.
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Annual Report 2013 Melco Crown Entertainment Limited
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A-List Cast of Top Brands Set to Open Shop at the Boulevard at Studio City, Macau
FOR IMMEDIATE RELEASE A-LIST CAST OF TOP BRANDS SET TO OPEN SHOP AT THE BOULEVARD AT STUDIO CITY, MACAU This is a Fashion Statement MACAU, Tuesday, August 18, 2015 – Studio City International Holdings Limited, a company in which Melco Crown Entertainment Limited (NASDAQ: MPEL) owns a 60% interest and Taubman Asia, a subsidiary of U.S. mall REIT, Taubman Centers, Inc. (NYSE: TCO), today unveiled an all-star lineup of fashion brands that will open doors at Macau’s latest, and arguably, best curated retail space, The Boulevard at Studio City. The Boulevard at Studio City will bring an unparalleled shopping experience to Asia’s entertainment capital, Studio City. Unlike any retail offering to be found in Asia, the unique 35,000-square-meter ‘immersive’ retail entertainment environment brings shopping to life by ‘transporting’ visitors to high-energy street-scapes and entertaining them at every turn with featured streets and squares inspired by iconic shopping and entertainment locations, including New York’s Times Square and Hollywood’s Beverly Hills. At the futuristic Times Square Macau, inside The Boulevard at Studio City, a variety of entertainment from ‘virtual’ musicians to film stars will be shown through holographic projections. A first-of-its-kind in Macau, The Boulevard at Studio City is the ‘go to’ destination in Macau, showcasing sophisticated, prestigious fashion brands as befits a trendsetter. It promises to deliver a mix of premium contemporary and bespoke offerings for the discerning consumers, in a Hollywood glamor-inspired environment, where fashion is the focus. The star-studded mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and Tom Ford’s largest store in Asia, amongst many others1.
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Introducing Studio City – Asia’S Entertainment Capital
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