STUDIO CITY INTERNATIONAL HOLDINGS Ltd (NYSE: MSC)

STUDIO CITY INTERNATIONAL HOLDINGS LIMITED operates a cinematically themed integrated resort in Macau, providing hotel accommodation, dining, retail, entertainment and meeting facilities. The company’s primary business is to deliver non gaming hospitality services at the Studio City property while the casino operations are conducted by a separate gaming operator.

Revenue is generated from hotel room sales, food and beverage purchases, retail spending, entertainment ticket sales and fees for hosting meetings and events. The customer base consists mainly of mass market visitors to Macau, including both tourists and local residents.

The company operates through the following segments: Hotel, Food and Beverage, Retail, Entertainment, and Meetings and Events.

• The Hotel segment provides lodging through approximately 2,493 luxury rooms arranged in four towers, offering amenities such as swimming pools, spa, fitness centers, beauty salon and personalized check in services.

• The Food and Beverage segment operates a variety of restaurants, bars and lounges that serve local Cantonese, northern Chinese, South East Asian, Japanese, Italian and other international cuisines, including a MICHELIN star.

• The Retail segment manages approximately 44,300 square meters of themed retail space that houses a mix of fashion forward labels and internationally recognized brands, offering a streetscape shopping experience inspired by places such as Times Square.

• The Entertainment segment features attractions such as the world’s first figure 8 Ferris wheel, a 5000 seat multi purpose arena, an indoor and outdoor water park, a nine screen cineplex, a technology based entertainment park, a nightclub, a skate park and a children s themed zone.

• The Meetings and Events segment offers over 4,000 square meters of flexible indoor event space that can be configured for banquets, conferences, exhibitions and other functions, including a grand ballroom and multiple meeting rooms.

Studio City International Holdings Limited holds a distinct position in Macau’s integrated resort market by focusing on non gaming amenities that complement the casino operated by its affiliate. Its competitors include the non gaming divisions of SJM Holdings, MGM China, Galaxy Entertainment, Sands China, Wynn Macau and Melco Resorts. The company differentiates itself through world class attractions such as the figure 8 Ferris wheel, a large scale water park and a diverse entertainment program that draws both gaming and non gaming visitors.

The company serves mass market tourists, leisure travelers, families, business travelers attending meetings and conventions, and local residents seeking entertainment and dining options.