{"id":777001210,"date":"2022-12-20T14:10:12","date_gmt":"2022-12-20T17:10:12","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001210"},"modified":"2026-04-23T01:53:35","modified_gmt":"2026-04-23T04:53:35","slug":"melco-resorts-announces-macau-10-year-investment-plan","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-resorts-announces-macau-10-year-investment-plan","title":{"rendered":"Melco Resorts announces Macau 10-year investment plan"},"content":{"rendered":"\n

The company has committed to invest MOP11.82bn (US$1.5bn) in Macau in the next 10 years.<\/p>\n\n\n\n\n\n\n\n

Macau.- Melco Resorts and Entertainment Ltd<\/strong> has announced details of its plans for Macau after being granted a new 10-year casino concession, which was signed on Friday<\/a>. Melco Resorts and Entertainment chairman and chief executive Lawrence Ho Yau Lung<\/strong> said the company will invest MOP11.82bn (US$1.5bn) in the next 10 years, including MOP10bn in non-gaming.<\/p>\n\n\n\n

The company will allocate MOP1.91bn to increase foreign tourist visits to Macau<\/strong> and to the convention and exhibition business. Melco will also use its convention and exhibition offices in Hong Kong, Singapore, Manila and Cyprus to promote non-gaming facilities for international clients, with a focus on Europe, the Middle East, Japan, Korea, Malaysia, Singapore and Thailand.<\/p>\n\n\n\n

It also said it will use its private jets to organise trips to the city for high-end international travellers. For non-gaming entertainment, The House of Dancing Water show, which has been suspended since 2020 due to the Covid-19 pandemic, will return to Melco in late 2024. <\/p>\n\n\n\n

An iRad Polyclinic is scheduled to open in Studio City in 2024 in partnership with a Hong Kong entity. Also in 2024, the company expects to open a new Cineplex and a skateboard park at Studio City.<\/p>\n\n\n\n

Macau casinos to increase non-gaming investment if GGR reaches US$22.45bn<\/h2>\n\n\n\n

The six gaming operators<\/a> in Macau will be required to increase their non-gaming investment by around 20 per cent<\/strong> of their initial pledge if Macau\u2019s annual gross gaming revenue reaches MOP180bn (US$22.45bn) by 2027. If that figure is reached in 2028, 2029, 2030, or 2031, the increment will be reduced to 16 per cent, 12 per cent, 8 per cent or 4 per cent respectively.<\/p>\n\n\n\n

There will be no need for additional non-gaming investment<\/a> if the MOP180bn target is only achieved in 2032, the last year of the new concessions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company has committed to invest MOP11.82bn (US$1.5bn) in Macau in the next 10 years.<\/p>\n","protected":false},"author":176,"featured_media":25856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts and Entertainment has committed MOP11.82bn (US$1.5bn) over the next decade in Macau, with MOP10bn allocated to non-gaming initiatives following its new 10-year casino concession. This strategic investment focuses on diversifying Macau's tourism appeal, including MICE, entertainment, and healthcare facilities, aligning with regulatory mandates for increased non-gaming contributions tied to GGR performance.","focusai_entities":"Melco Resorts and Entertainment Ltd, Lawrence Ho Yau Lung","focusai_location":"Macau, Hong Kong, Singapore, Manila, Cyprus, Europe, Middle East, Japan, Korea, Malaysia, Thailand","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), product_ux (0.7), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Non-Gaming ROI Projections?","query":"What are Melco's projected return on investment metrics for the MOP10bn non-gaming capital expenditure, particularly concerning the MICE and healthcare verticals, and how do these align with the concession's GGR-linked investment escalators?"},{"label":"Regulatory Compliance Impact?","query":"How will the tiered non-gaming investment increment, contingent on Macau's annual GGR reaching MOP180bn by specific years, influence Melco's long-term capital planning and risk assessment for its concession?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777001210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001210","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777001210"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001210\/revisions"}],"predecessor-version":[{"id":777001235,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001210\/revisions\/777001235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}