Melco Resorts & Leisure Broadcasts Share Buy and Award Program

MACAU, July 8th, 2021 (GLOBE NEWSWIRE) – Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”) announced today that it has launched a share purchase and incentive program to promote engagement and to honor the commitment of its employees and give eligible employees the opportunity to benefit from the company’s long-term growth.

The share purchase and rewards program applies to eligible employees who agreed to participate in the company’s voluntary vacation program in 2020 at the height of the COVID-19 pandemic, one of a number of proactive cost control measures the company has undertaken in the face of the unprecedented Pandemic challenges.

As part of the Share Purchase and Rewards Program, an eligible employee will be invited to use a portion of their base salary to purchase and grant restricted shares during the term of the program, which runs from July 2021 to June 2022, to purchase and grant restricted shares to the Melco Resorts 2011 Share Incentive Plan a total of 200% of the base salary applicable at the time of grant. The maximum amount of blocked shares that can be issued under the share purchase and incentive program is less than 0.50% of the company’s total outstanding shares as of July 8, 2021.

Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said: “The Share Purchase and Award Program shows our recognition of the dedication and dedication our colleagues showed during the height of the COVID-19 pandemic last year. As the pandemic gradually subsides, we would like to express our gratitude and appreciation to all of our colleagues and ensure that they have a chance to benefit from the company’s long-term growth. Our colleagues are always the most important ingredient for future success. “

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made in accordance with the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the “Company”) may also make forward-looking statements in its periodic reports to the Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements their officers, directors or employees to third parties. Statements that are not historical facts, including statements about the company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statements. These factors include, but are not limited to, (i) the global pandemic of COVID-19 caused by a novel strain of the coronavirus and the ongoing impact of its effects on our business, industry and the global economy, (ii) growth in the gaming market, and Visitor numbers in Macau, the Philippines and the Republic of Cyprus, (iii) capital and credit market volatility, (iv) local and global economic conditions, (v) our anticipated growth strategies, (vi) gambling authority and other government approvals and regulations, and (vii) our future Business development, operating results and financial position. In some instances, forward-looking statements may include words or expressions such as “may,” “will,” “expect,” “anticipate,” “aim,” “aim,” “estimate,” “intend,” “plan,” “believe” , “Potentially”, “further”, “is / are likely” or other similar expressions. For more information about these and other risks, uncertainties, or factors, see the company’s filings with the SEC. All information in this press release is as of the date of this press release and the company undertakes no obligation to update this information unless required by applicable law.

The story goes on

About Melco Resorts & Entertainment Limited

The company, whose American Depositary Shares are listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort properties in Asia and Europe. The company currently operates Altira Macau (www.altiramacau.com), an integrated resort in Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated resort in Cotai, Macau. The business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based electronic gaming machine operation in Macau. The company also majority-owned and operated Studio City (www.studiocity-macau.com), an integrated movie-style resort in Cotai, Macau. In the Philippines currently operates and manages a Filipino subsidiary of City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and leading integrated resort in Europe. The Company currently operates a Temporary Casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). After City of Dreams Mediterranean opens, the company will continue to operate the satellite casinos while the temporary casino ceases to operate. Further information about the company can be found at www.melco-resorts.com.

The company is heavily backed by its largest single shareholder, Melco International Development Limited, a company listed on the Main Board of the Stock Exchange of Hong Kong Limited and largely owned and run by Mr. Lawrence Ho, the Chairman and Executive Director, and Chief Executive officer of the company.

For the investment community, please contact:
Robin Yuen
Director, Investor Relations
Tel: +852 2598 3619
Email: robinyuen@melco-resorts.com

For media inquiries, please contact:
Chimmy Leung
Managing director, corporate communications
Tel: +852 3151 3765
Email: chimmyleung@melco-resorts.com

Nice Wolf Resorts Launches Leisure Division

Great Wolf Resorts‘new department Great wolf entertainment is working on his first animated production “The Great Wolf Pack”.

The hospitality brand has recruited a group of animation veterans to bring their familiar characters to branded entertainment facilities. Chris Bailey (“Garfield: The Movie”) will direct “The Great Wolf Pack” Julia Pistor (“The SpongeBob Squarepants Movie”, “The Rugrats Movie”) as executive producer alongside writer Kent Redeker (“Doc McStuffins”).

The Great Wolf Pack brings the stables of the vacation brand’s forest dwellers to life, following Wiley Wolf, Violet Wolf, Oliver Raccoon, Sammy Squirrel and Brinley Bear, who were anointed by the Great Wolf Spirit to be the Great Wolf Pack. They travel through a magical geyser to bizarre worlds, where they use the power of the pack to overcome various dilemmas. Only when they become friends and combine their unique talents and weaknesses can they master the challenges that lie ahead.

“Millions of families interact with our characters at our resorts every year, and it seems like a natural opportunity to expand this popular resort experience into filmed content that can be enjoyed anywhere,” said Brooke Patterson, senior vice president of Brand Experiences. “We are excited to work with this talented team of artists and storytellers whom we have entrusted to bring these characters to cinematic life.”

“The Great Wolf Pack” aims for a release in early 2022.

“When asked to create a world for the characters at Great Wolf Lodge to live and play in, I thought back to my childhood and was thrilled to write stories that I hope children can imagine, part of of being of it, ”said Redeker.

The debut animation series is part of a series of ten other short film animation projects Great Wolf Entertainment has in development. In addition to the screen content, five children’s books will be produced, which will be available in printed and digital form. In the meantime, Great Wolf Entertainment continues to run MagiQuest, its interactive video game at the resort.

(Image from left: Kent Redeker, Brooke Patterson, Julia Pistor, Chris Bailey)

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New theater, golf equipment spotlight Resorts World’s leisure choices

Ask Bobby Reynolds if he’s slept a lot lately.

“Eh, no.”

The senior vice president of AEG Presents Las Vegas was in the driver’s seat as the local concert industry sped from idle to idle at a COVID-19 stop sign to brick-on-the-gas pedal speeds.

Not only is Reynolds directing the new theater at the Virgin Hotels and the first concert at Allegiant Stadium when EDM star Illenium christened the venue next month, he is also leading one of his most ambitious projects to date: the opening of the luxurious The Theater at Resorts World.

“Since I’ve been in town, and it’s been 16 years, nothing like this has opened up – or really nowhere else in the world,” says Reynolds, his lively voice revealing, despite the aforementioned lack of nightly “The level of sophistication,” that Level of class – it’s just a higher experience than anything else. It’s a more luxurious feel than anything else on the strip. It’s easy.”

The 4,700-seat venue – with a potential capacity of 5,000 – shines with mostly gold and silver-colored décor that deserves a walk-in jewelry box, and aims to set a new bar for concert generosity. A four-story lobby, which is illuminated by a large modern chandelier, opens into the main hall with two balcony levels, where no seat is more than 50 meters away from the stage.

While The Theater won’t open until later in the year, four residencies have been announced, including country superstars Carrie Underwood and Luke Bryan, popster Katy Perry, and one of Vegas’ most popular artists of all time, Celine Dion.

What was Reynolds looking for when booking resident acts?

“We were looking for what we got, honestly,” he says. “We don’t just want to identify a genre, but also recruit artists who have a legacy in Las Vegas. There is no one with a greater, richer, or more impressive legacy than Celine.

“And then we wanted to get artists who didn’t have a legacy in Las Vegas and build that legacy with them in Las Vegas,” he continues. “All three other artists fall into this category.”

When said artists perform at The Theater, they perform on a 13,550-square-foot stage, one of the largest and tallest on the Strip.

“We’ll be able to do major arena-sized productions,” says Reynolds. “The nice thing about these residences is that you load them once and unload them once. During this time you will receive X shows. We have the ability to keep all those massive, massive, massive shows going and amortizing those costs over a certain number of shows.

“We also have one of the largest stage lifts in the world,” he adds, “with this we have the option of assembling set pieces, placing them directly on the lift at stage level and bringing them up or down.” Two stories. So if we wanted to bring a late night comedian or get creative at a corporate event or something like that, we could mix the pieces. We don’t just have to take these set pieces apart. “

The video presentation of the theater should be just as flexible.

“The video isn’t just a huge screen,” explains Reynolds. “We can put many different screens together into one giant screen, or split this screen and move it into different pods to have different looks throughout the show or different looks at the same time during the show.”

When Reynolds tells it, it all boils down to “wow”.

“In fact, I think it’s the most technologically advanced and production-wise advanced venue in the world,” says Reynolds. “People will walk in there and be overwhelmed by the aesthetics and the first look you get when you see something.

“The ‘wow’ factor will not only exist through the property,” he adds, “but if you cross the line from the property to the theater, that ‘wow’ factor will only increase in my opinion.”

From A to Z: New night club and day club bring big names to Resorts World

He was used to arranging meetings.

He just wasn’t used to one of those.

Ronn Nicolli explains.

“In my previous life, a design meeting started in a room and everyone was looking at Pinterest boards and things they were printing out,” said Nicolli, a longtime Vegas nightlife executive who spent over 13 years at the Wynn Las Vegas .

And then he was hired as vice president of Zouk Group Las Vegas, which oversees Resorts World’s nightlife.

“My first day at the company began with a trip to Bali,” recalls Nicolli of a work trip that was supposed to catalyze ideas for the Resorts World day club. “On this trip, the design was based on what inspires you. One of the most prominent words was “authenticity”.

“How do we bring a Balinese-inspired paradise to Las Vegas Boulevard, a place that feels transformed when you step into it?” He continues. “Basically a second trip on a trip, a destination and a trip.”

The result: Ayu Dayclub, whose Southeast Asian island theme should be exotic and inviting at the same time.

Well-known DJ producers such as Tiesto and Zedd will set Ayu to music, who also offer nightly shows.

Later that summer, Ayu’s counterpart, the “Boutique Megaclub” Zouk, will open.

The 26,000-square-foot, multi-room nightclub will be positioned on a free-running musical aesthetic, and its residents will include hip-hop (G-Eazy), country (Dee Jay Silver), Latin (Becky G), and deep house (Disclosure). along with the required EDM stars.

“There are different genres, demographics, and audiences that want different experiences night after night,” notes Nicolli, who is also Vice President of Lifestyle Marketing at Resorts World. “Suddenly the Latin artists came into play and the hip-hop artists came into play and the deep house artists came into play. When you looked at it all on a whiteboard, it felt more like a crazy, haunted festival than a Las Vegas nightclub. “

The emphasis on diversification depends not only on genre, but also on gender.

“There are a lot of talented female artists out there and many of them had never played in Vegas before,” says Nicolli. “Peggy Gou is one that I got to see first hand during my trip to Bali. How do I get you to do a residency with us?

“It was meaningful because it was something else,” he continues. “She hadn’t played a show in Vegas before. One of the personal goals in trying to create this really well-curated line-up is to get those pieces that are very different from the competition. “

Although the Zouk brand is new to Vegas, the company has a remarkable 30 year history in Asia.

This became an advantage in recruiting artists.

“My knowledge base of how much the talent industry knew about Zouk was a cause for concern,” Nicollia admits. “Suddenly I started talking on the phone. Tiesto says, ‘Oh, my first show in Asia was in Zouk.’ This became very common in discussions with the management teams. Not only did they know Zouk, they also knew the high standards and notoriety Zoul had in the market. It was credible almost immediately. “

Now is the time to put that credibility to the test here.

The plan?

So that one club feels like several.

“Think about the opportunity to be at the Zouk club on a Friday night performing G-Eazy, and the visuals make you feel like you are in something different and new,” says Nicolli. “And then, on Saturday, Tiesto suddenly appears – different visuals, different music styles, different performance styles.

“In the same room, we have the opportunity to convey two different experiences that make you feel like you are in two different places,” he continues. “That was the goal.”

For more coverage on Resorts World, visit lvrj.com/resortsworld.

Contact Jason Bracelin at jbracelin@reviewjournal.com or 702-383-0476. consequences @JasonBracelin on Twitter and @ jbracelin76 on Instagram

Las Vegas buffets and leisure make a comeback; Resorts World pronounces opening particulars – Every day Information

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This file photo dated April 19, 2021 shows Resorts World Las Vegas under construction in Las Vegas. The new resort is slated to open on June 24th on the Las Vegas Strip. (AP Photo / Ken Ritter, File)

A highly anticipated resort in Las Vegas will open its doors for the first time at the end of June and in late fall will experience the residences of several well-known artists such as Celine Dion, Katy Perry, Carrie Underwood and Luke Bryan.

Elsewhere in Vegas, resorts are bringing back shows that were halted during most of the pandemic and adding capacity to their game days.

Some resorts are also bringing their buffets back after closing for more than a year.

PS We’ll be talking about Southern California casinos next week and what they do with their buffets. Continue reading.

More casino news

Fantasy Springs hosts free shows by country star Cam and Famer Felix Cavaliere’s Rock & Roll Hall

ICYMI: The Pechanga Resort Casino opened the new Mexican restaurant Cantina in 1882

Beyond Southern California …

Media Company and Toronto Star owner Torstar is diversifying in an unusual way. The company announced that it plans to launch an online casino betting brand in 2020 pending approval from the Ontario Alcohol and Gambling Commission. The chairman and co-owner of Torstar said the move will “help support the growth and expansion of quality community-based journalism.” The Toronto Star has more.

MGM Resorts Rolls Out Enormous Slate of Leisure

For a long time Las Vegas and Atlantic City were the only places in the United States where you could legally gamble.

Then a shipload of churches opened up casinos across the country and suddenly you could only drive and gamble for a few hours.

ADVERTISING

But Vegas was always right from the start that gambling alone wouldn’t attract tourists. It is now safe to say that as many visitors go to Las Vegas for top-notch entertainment as they do to gamble.

And nobody likes entertainment like MGM resorts Las Vegas properties including the iconic MGM Mirage Hotel and Casino, Park MGM, Mandalay Bay, and Luxor.

With Vegas hotels going to 100 percent capacity starting June 1st, this is what MGM has to offer.

Soccer

This upcoming season, slated to begin in September, marks the second year for the Las Vegas Raiders. Since the first year is marked by the COVID-19 pandemic and there are no fans present, MGM is planning several events around the football season. This includes the MGM Resorts Stadium Walk. Mandalay Bay Resort and Casino and Luxor Hotel & Casino offer special room packages, sporting festivities and live entertainment options that are programmed throughout the season. Mandalay Bay and Luxor offer Strip to Stadium hotel packages for guests who want to cheer on their favorite teams. Packages include a two-night stay at Mandalay Bay or Luxor, plus up to $ 150 food and drink credit per stay that can be used at the Bud Light Beer Garden or at venues across the hotel. Looking ahead, the 2022 NFL Draft is expected to take place in Las Vegas this April.

Bud Light beer garden

The hotel is located on the Strip on the corner of Las Vegas Blvd. and on Hacienda Ave. Bud Light Beer Garden will be the ultimate outdoor game day when fans from across the country come to sit down with their home team at the new state-of-the-art Allegiant Stadium in Las Vegas. On every game day in Las Vegas, the Bud Light Beer Garden becomes an electrically interactive environment from four hours before kick-off. Professional sports legends perform throughout the season to talk about sports and gain insight into the soccer team of the week’s matchups.

UFC

UFC 264 will take place on July 10th at the T-Mobile Arena. When the tickets went on sale last month, they sold out in just 45 minutes. This is the first full capacity event planned for the T-Mobile Arena with 20,000 seats. The main event will likely be one of the greatest fights in the history of the sport and the third matchup between the popular Conor McGregor and his opponent Dustin Poirier.

Bruno Mars

The hugely talented and hugely popular singer is returning to the Park Theater in Park MGM for six performances in July. He quickly sold all six – two shows on the weekend of July 4th, followed by four more dates in July.

Cirque de Soleil

First Frank Sinatra and the Rat Pack owned Las Vegas entertainment, then Elvis Presley, then Celine Dion. Now it is Cirque du soleilwho is planning to resume some of their shows. The group has already announced that “O” will open on July 1st, while the Blue Man Group will return in Luxor on June 24th. “O” is the city’s most successful stage production and has been sold out every evening for two decades.

Heading entertainment

In the showrooms of various MGM hotels you will find headliners like the Australian Bee Gees, Brad Garrett and his eponymous Brad Garrett Comedy Club, Carrot Top, David Copperfield, FANTASY, Jabbawockeez, Terry Fator and Thunder from Down Under. They have all returned on stage and perform with limited capacity.

(Top LR) Shin Lim, Bill Maher, Carrot Top, David Copperfield, Boyz II Men, David Spade. (Middle LR) Kathleen Madigan, Jabbawockeez, Brad Garrett, Fantasy, Jay Leno. (Bottom LR) Australian bee gees, Ray Romano, Hans Klok, Terry Fator, Donner from Down Under. (Courtesy photo of MGM Resorts)

Aces of Comedy at the Mirage

The popular series returns in July with some of comedy’s biggest names, including Chelsea Handler, Gabriel Iglesias, Jim Jefferies, Bill Maher and Tom Segura.

Caesars Leisure Returns to Full Capability Gaming Flooring in any respect Las Vegas Resorts

LAS VEGAS, May 12, 2021 / PRNewswire / – Caesars Entertainment announced today that the Nevada Gaming Control Board has approved the return to full occupancy of the casino’s nine floors with no social distancing Las Vegas Properties.

The change comes through a waiver by the Nevada Gaming Control Board recognizing that Caesars Entertainment has taken measurable and significant steps to vaccinate its workforce.

“The expansion to full capacity and the elimination of social distancing on our casino floors in Las Vegas is the result of our team members’ dedication to doing their part to put us all on the path to recovery, “he said Tom Reeg, CEO of Caesars Entertainment. “We are grateful to our team members who have chosen to vaccinate and will continue to provide incentives and easy access to vaccines for all of our team members in the field Las Vegas. While this shift is encouraging, we understand that the battle is not won, and it does so through an ongoing commitment to health and safety Las Vegas can bounce the fastest. “

Members of the Caesars Entertainment team must continue to wear masks at all times. Guests must wear masks unless they actively smoke, eat, or drink. Guests who have been fully vaccinated can remove their masks while sitting in any of the resort’s pool areas.

The features of Caesars Entertainment that will be converted to 100% fire protection capacity without social distancing without social distancing are:

  • Ballys Las Vegas
  • Caesars Palace Las Vegas
  • The Cromwell
  • flamingo Las Vegas
  • Harrahs Las Vegas
  • The LINQ Hotel + experience
  • Paris Las Vegas
  • Planet Hollywood Resort & Casino
  • Rio All-Suite Hotel & Casino

About Caesars Entertainment, Inc.

Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino entertainment company in the United States and one of the world’s most diversified casino entertainment providers. Since its inception in Reno, NevadaCaesars Entertainment, Inc. grew in 1937 through new resort development, expansions and acquisitions. Caesars Entertainment, Inc. resorts operate primarily under the brand names Caesars®, Harrah’s®, Horseshoe® and Eldorado®. Caesars Entertainment, Inc. offers a variety of amenities and unique destinations, with an emphasis on creating loyalty and value for its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

SOURCE Caesars Entertainment, Inc.

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