In Macau, we continue to punch above our weight on a revenue per hotel room basis, generating meaningful market share and substantial discretionary free cash flow.

May 7, 2024 / receipt, needs a key / Craig Billings, CEO | earnings call 2024-05-07 | transcript 079ed991-e7fe-4a25-a944-df2944574635 | chars 5890-6053 | segment 5

Fortunately, recent actions by both Macau and mainland authorities to reopen the markets give us great confidence that the difficulties are behind us in the near-term future there much brighter. Over the past several weeks, we've welcomed back an increasing number of guests as the region has reopened to travel and tourism in a meaningful way.

Feb 8, 2023 / receipt, needs a key / Craig Billings, CEO | earnings call 2023-02-08 | transcript 271ca588-4080-4add-876f-f55b69673bb9 | chars 31341-31685 | segment 32

Over the past several weeks, we've welcomed back an increasing number of guests as the region has reopened to travel and tourism in a meaningful way.

Feb 8, 2023 / receipt, needs a key / Craig Billings, CEO | earnings call 2023-02-08 | transcript 271ca588-4080-4add-876f-f55b69673bb9 | chars 3165-3314 | segment 3

To us, the quarter's results are a further indication of the fact that our unrelenting focus on service and great product are resonating with premium customers who, after being cooped up for 2020 and the first part of 2021, are traveling and spending again with a vengeance.

Feb 15, 2022 / receipt, needs a key / Craig, CEO | earnings call 2022-02-15 | transcript 754c9396-8a66-404e-8e71-26ae9d614a99 | chars 7557-7831 | segment 7

If we just jump to the results and get to business here, in Las Vegas, we made $183 million of EBITDA. And that's not a whole bunch of cost savings that are going to go away over time. Again, you sustain the margin, et cetera. Only $15 to $18 million of that $183 came from cost savings. The rest of it, we're taking market share. Over the last four years, we've opened a 400,000 square foot convention facility. We built a new golf course. We have changed out 40 of our 60 retail stores to become the shopping destination. We restructured our club so that margins went from 7% to almost 30%. We've raised our prices in our hotels, seeing straight flow through. Every area, we're taking share, casino included. We are not only outpacing all of our results, but we're taking share from the market. I knew coming in that we needed to cater to a demographic that was in more the 30 to 50s on top of our current demographic in the baby boomer generation. We've opened lots of new restaurants. In fact, one of the new ones, Delilah, if you call right now, you can't get in until February. I've never seen anything like it. And while that's one restaurant, it's an example of all the changes that we've made that have really set the foundation for when Las Vegas to take off like a rocket ship.

Nov 9, 2021 / receipt, needs a key / Matt Maddox, CEO | earnings call 2021-11-09 | transcript 886c52a0-e0d1-4fbc-b061-541ebd8d520b | chars 3041-4329 | segment 3

In the casino, our Q3 21 slot handle was 31% above Q3 2019, and table drop was 18% above Q3 2019, despite still suppressed international play due to COVID-related travel challenges. The team in Las Vegas has done a great job of controlling costs without negatively impacting the guest experience, delivering a record adjusted property EBITDA margin of 38.5% in the quarter. OPEX per day was 3 million in Q3 2021, approximately 250,000 per day below Q3 2019 levels, despite the 19% increase in revenue. As new high-margin business-like groups and convention return to the property, we expect OPEX to increase modestly, but we remain committed to maintaining the cost structure that appropriately balances margins and our exacting service standards.

Nov 9, 2021 / receipt, needs a key / Craig Billings, CFO | earnings call 2021-11-09 | transcript 886c52a0-e0d1-4fbc-b061-541ebd8d520b | chars 9572-10319 | segment 9

We have managed the lifting business very well. There is a desire on the part of the PRC government to allow travel into Macau whenever it's possible.

Aug 4, 2021 / receipt, needs a key / Ian Collin, other | earnings call 2021-08-04 | transcript 38009c2f-74b0-481e-843c-1d2e80c01b5e | chars 12895-13045 | segment 12