Melco Resorts and Entertainment Ltd (MLCO)

[fxchat]

From the call conference

Pipelines for MPEL


Yes, the Macau peninsula project has been our future pipeline as does a number of other things, the opportunity, for example,
to develop another million square feet at the City of Dreams site, the Macao Studio City opportunity and so on.
So they are all very much in the pipeline, future developments for us. The market is also very dynamic. There are lots of other
opportunities and things going on.
And I believe that with the reemergence of growth in the marketplace and with the sort of stimulus that we'll see towards the
end of this year, a reengagement with capital market, we're going to be back into a situation where green field projects can be
discussed again with some degree of merit.
Our immediate focus and the focus that we will have certainly as we lookout through the midpoint next year, as Laurence has
already said, is to take the assets that we've got and to find ways to leverage these great financial models that we operate. We
have fixed cost structures and we have a way -- a very straightforward way for us to increase the slight [volume] that we get
from customers who come into the building.
And so when you put those two things together, you can leverage incremental revenues down through, and that's the way to
grow your EBITDAs in the immediate term, that's what we're focused on.