Business Description
We are a developer, owner and operator of casino gaming and entertainment casino
resort facilities in Asia and Europe. We currently have three major casino-based
operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and
non-casino based operations in Macau at our Mocha Clubs. In June 2018, we opened
Morpheus, the third phase of City of Dreams in Cotai, Macau. With 1.0 million
square feet of hotel space and 0.3 million square feet of podium space, Morpheus
houses approximately 770 rooms, suites and villas. In Macau, we are also developing
the remaining project for the land of Studio City. We also have a casino-based
operation in the Philippines, City of Dreams Manila. We expanded our footprint
outside of Asia and into Europe following our acquisition of a 75% equity interest
in ICR Cyprus, which owns the City of Dreams Mediterranean development and operates
other casinos in Cyprus.
Our current and future operations are designed to cater to a broad spectrum
of gaming patrons, from high-stakes rolling chip gaming patrons to gaming patrons
seeking a broader entertainment experience. We currently own and operate five
Forbes Travel Guide Five-Star hotels in Asia — Altira Macau, Studio City’s
Star Tower, Morpheus and Nüwa in both Macau and Manila — and received
19 Forbes Travel Guide Five-Star and three Forbes Travel Guide Four-Star recognitions
across our properties. We seek to attract patrons throughout Asia, Europe and,
in particular, from Greater China.
In the Philippines, Melco Resorts Leisure, a subsidiary of MRP, currently operates
and manages City of Dreams Manila, a casino, hotel, retail and entertainment
integrated resort in the Entertainment City complex in Manila.
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