• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 9 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Studio City extends VIP rolling chip operations until end of 2021

Ben Blaschke by Ben Blaschke
Fri 18 Dec 2020 at 04:30
Melco’s Studio City to host Asia-first residencies from superstars Aaron Kwok, Joey Yung and Leon Lai

Studio City

41
SHARES
1k
VIEWS
Print Friendly, PDF & Email

Studio City International Holdings Limited has announced it will continue offering VIP rolling chip operation at its Macau integrated resort, Studio City, for another 12 months until 31 December 2021.

The move represents the second time Studio City has chosen to extend its VIP program after first revealing in early 2019 plans to cease VIP play.Although the company offered no reason for the decision at the time, analysts at brokerage Sanford C Bernstein suggested that Melco was looking to increase the profitability of each VIP table by moving them to a more suitable property, namely City of Dreams.

Instead, Studio City International Holdings extended VIP operations for another year in early 2020 and have now done so again, subject to termination by 30-day notice.

The extension of VIP rolling chip comes as Studio City continues with its US$1.3 billion Phase 2 development. The expansion project is due for completion by May 2022 under the terms of its land concession with the Macau SAR Government, however parent company Melco Resorts & Entertainment noted earlier this year that it may struggle to meet the deadline as a result of COVID-induced delays.

“Prior to the Covid-19 outbreak, we estimated a construction period of approximately 32 months for the remaining project,” Melco said. “With the disruptions from the Covid-19 outbreak, the construction period has been delayed and is expected to extend beyond the estimated 32 months and the current development period.

“In the event that additional time is required to complete the development of the remaining project for Studio City, we will have to apply for an extension of the relevant development period which shall be subject to Macau government review and approval at its discretion.”

Studio City underwent a change in leadership only last week, with Kevin Benning returning as Senior Vice President, Property General Manager after two years at City of Dreams Manila, replacing Geoff Andres.

RelatedPosts

IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

Macau GGR showing signs of seasonal slowdown in September

Mon 8 Sep 2025 at 21:36
MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

Fri 5 Sep 2025 at 06:45
A New Macau

Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast

Fri 5 Sep 2025 at 05:40
Ciarán Carruthers: Crowning glory

Crown Resorts rolls out AI to improve player protection abilities

Fri 5 Sep 2025 at 05:37
Load More
Tags: casinoKevin Benningrolling chipStudio City International HoldingsVIP
Share16Share3
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

2025 IAG EXPO: Day 1 Highlights

2025 IAG EXPO: Day 1 Highlights

by Newsdesk
Tue 9 Sep 2025 at 18:19

Take a look around on this milestone day for IAG as we launch the first ever IAG Exhibition – part of the 2025 IAG EXPO at Manila’s Newport World Resorts. IAG EXPO also comprises welcome event Manila After Dark, the...

VIDEO: Aristocrat’s Lloyd Robson talks latest products for Asia

VIDEO: Aristocrat’s Lloyd Robson talks latest products for Asia

by Newsdesk
Tue 9 Sep 2025 at 17:57

Aristocrat Gaming’s Lloyd Robson sits down with IAG at the IAG LIVE booth at IAG EXPO to discuss his thoughts on the Philippines market. Lloyd also explains the products Aristocrat has on show at IAG EXPO and provides some insight...

PAGCOR awaiting commission approval to proceed with privatization of Casino Filipino properties

PAGCOR awaiting commission approval to proceed with privatization of Casino Filipino properties

by Ben Blaschke
Tue 9 Sep 2025 at 17:40

Philippine gaming regulator PAGCOR has submitted relevant documentation and is awaiting approval from the Governance Commission for Government-Owned and Controlled Corporations (GCG) to proceed with privatization of its Casino Filipino properties, according to PAGCOR Chairman and CEO Alejandro Tengco. The...

Locals Game

The Grand Ho Tram submits proposal for two-phase financing of freeway project connecting to Vietnam’s soon-to-open Long Thanh International Airport

by Newsdesk
Tue 9 Sep 2025 at 17:25

The owners of Vietnam’s The Grand Ho Tram are one of two separate groups to have proposed the construction of a major four-lane expressway connecting their integrated resort to the new Long Thanh International Airport currently being built in nearby...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語