{"id":12843,"date":"2020-12-17T21:44:49","date_gmt":"2020-12-17T21:44:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=12843"},"modified":"2026-04-23T23:05:20","modified_gmt":"2026-04-24T02:05:20","slug":"studio-city-continues-vip-rolling-chip-operations","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/studio-city-continues-vip-rolling-chip-operations","title":{"rendered":"Studio City continues VIP rolling chip operations"},"content":{"rendered":"\n<p>Studio City said in 2019 that it planned to discontinue the VIP programme. It has now renewed it until December 31, 2021.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Studio City International Holdings has confirmed in a filing to the US Securities and Exchange Commission (SEC) that Melco Resorts will continue VIP rolling chip operations at its Cotai resort.<\/p>\n\n\n\n<p>Studio City had said in 2019 that it planned to discontinue the VIP programme. However, it has now confirmed that it plans to extend it for another 12 months, until December 31, 2021.<\/p>\n\n\n\n<p>The operator can put an end to the operations at any time in that period with 30-day notice, the filing stated.<\/p>\n\n\n\n<p>Melco Resorts has recently <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-names-new-head-at-studio-city\" target=\"_blank\">named Kevin Benning<\/a><\/em><\/strong> as senior vice president of Studio City. <\/p>\n\n\n\n<p>Benning has also been appointed as general manager of Studio City International as of December 10. Until this month he was chief operating officer at City of Dreams Manila, in the Philippines.<\/p>\n\n\n\n<p>Melco Resorts recently confirmed advances in the <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/melco-sees-85-drop-in-revenue-in-q3\" target=\"_blank\" rel=\"noreferrer noopener\">expansion of Studio City<\/a><\/em><\/strong> despite construction delays due to the pandemic. The expansion includes 900 additional luxury hotel rooms and suites, one of the world\u2019s largest indoor\/outdoor water parks, a cineplex, restaurants and MICE space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Studio City said in 2019 that it planned to discontinue the VIP programme. It has now renewed it until December 31, 2021.<\/p>\n","protected":false},"author":2,"featured_media":12845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Studio City International Holdings, an affiliate of Melco Resorts, has reversed its 2019 decision to discontinue its VIP rolling chip program, extending it until December 31, 2021, in Macau. This strategic pivot, confirmed via an SEC filing, coincides with the appointment of Kevin Benning as SVP and GM of Studio City and ongoing expansion efforts for the Cotai resort.","focusai_entities":"Studio City International Holdings, Melco Resorts, US Securities and Exchange Commission (SEC), Kevin Benning, City of Dreams Manila","focusai_location":"Macau, Cotai, Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"VIP Program Rationale?","query":"What specific market dynamics or strategic imperatives led Studio City to reverse its 2019 decision to discontinue the VIP rolling chip program?"},{"label":"Benning's Strategic Impact?","query":"How will Kevin Benning's appointment as SVP and GM of Studio City, following his COO role at City of Dreams Manila, influence the operational strategy and market positioning of the Cotai resort, particularly concerning the renewed VIP segment?"}],"footnotes":""},"categories":[28,16338],"tags":[18488,22113],"class_list":["post-12843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-melco-resorts","tag-studio-city"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=12843"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12843\/revisions"}],"predecessor-version":[{"id":12852,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12843\/revisions\/12852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12845"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}