Melco Crown to reveal grand opening date of Studio City

Melco Crown Entertainment said it will announce the date for the “Grand Opening” of its Hollywood-themed Studio City property on August 3rd.

The company said in an invitation that it is offering “an exclusive sneak preview of key attractions” in a hard-hat tour of the resort followed by a grand opening date announcement ceremony.

The resort's opening has generated considerable interest, with analysts seeing the $3.2 billion art deco-themed property as the true game changer when it comes to boosting non-gaming facilities in Macau and therefore a better indicator as to whether the territory can diversify and attract a wider tourist base.

Despite the clear focus on non-gaming, analysts still don’t expect Melco to obtain all of the gaming tables it had requested from the government. Galaxy Entertainment only got 150 tables of the 400 it had asked for, as the government sent a clear signal it was going to stand by its policy of capping annual table growth at 3 percent a year.

 

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