| Market Capitalization (Millions $) |
1,317 |
| Shares
Outstanding (Millions) |
770 |
| Employees |
5,286 |
| Revenues (TTM) (Millions $) |
695 |
| Net Income (TTM) (Millions $) |
-59 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Studio City International Holdings Limited (SCIHL) is a global entertainment company operating in the entertainment and hospitality industries. The company is based in Hong Kong and was founded in 2013 as a subsidiary of Melco International Development Limited, a company that specializes in gaming and leisure properties.
SCIHL's core business is the operation of integrated resorts (IRs), which are large-scale destination properties offering various entertainment facilities, including casinos, hotels, retail outlets, theaters, and convention centers. The company operates two IRs: Studio City Macau, located in Macau, China, and City of Dreams Mediterranean, located in Cyprus.
Studio City Macau is a Hollywood-themed IR that first opened in 2015. The property features a 130,000 square-foot casino with over 200 gaming tables and 1,000 slot machines, a 1,600-room hotel, a gourmet food street, a nine-screen multiplex cinema, two theaters, and multiple retail and entertainment options.
City of Dreams Mediterranean, scheduled to open in late 2021, is touted as Europe's largest IR. The property will feature a 136,000 square-foot casino with over 1,000 slot machines and 100 gaming tables, a 500-room luxury hotel, a 1,500-seat theater, a convention center, and numerous dining, retail, and entertainment options.
In addition to its IR operations, SCIHL also engages in various non-gaming entertainment activities. These include the production and distribution of films and TV shows and the operation of live events and shows.
SCIHL is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable tourism.
Overall, SCIHL is a diversified entertainment and hospitality company with a strong focus on integrated resort operations in Asia and Europe. The company aims to provide unique entertainment experiences to its customers while maintaining a commitment to sustainability.
Company Address: 71 Robinson Road #04-03 Singapore 68895
Company Phone Number: 2598 3600 Stock Exchange / Ticker: NYSE MSC
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44.05 %