Melco Resorts & Entertainment Limited (MLCO) 20-F 2008 FY Annual report (foreign)

Exhibit 4.29

To:

Melco PBL (Macau Peninsula) Limited, formerly known as Swift Profit Investments Limited (“Melco PBL”)
P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola
British Virgin Islands

Macau, 25 of January, 2007

Dear Sirs,

Re: Promissory Transfer of Shares Agreement dated 17 May 2006 (“AGREEMENT”) entered into betweenMELCO PBLas promissory buyer and we,(i.) DOUBLE MARGIN LIMITED, a company duly incorporated under the laws of the British Virgin Islands (“DOUBLE MARGIN”),(ii.) LEONG ON KEI, akaANGELA LEONG(“ANGELA LEONG”), as promissory sellers (“PROMISSORY SELLERS”), and(iii.) SOCIEDADE DE FOMENTO PREDIAL OMAR, LIMITADA, a company duly incorporated under the laws of Macau (“OMAR”), in relation to the Purchase of the entire issued share capital ofOMAR.

We, DOUBLE MARGIN, ANGELA LEONGandOMARrefer to theAGREEMENT. For convenience, all words and expressions use in this letter have the same meaning as defined in theAGREEMENT, unless the contrary intention appears.

Under clause 6.1. of theAGREEMENTcompletion should take place on or before January 27, 2007, upon fulfilment of the conditions precedent set forth in the Recital (d) and the conditions for completion set forth in clauses 6.1.1. and 6.1.2. of theAGREEMENT.

We hereby inform that compliance with all the conditions above mentioned will not be fulfilled on or before January 27, 2007.

Therefore, we propose an extension of the date of completion, untilJuly 27, 2007,and in case the aforesaid conditions remain unfulfilled by that date, then the completion date shall be further postponed if there is mutual agreement. The said postponement of the completion date shall not prejudice any of the rights and obligations of thePROMISSORY SELLERS, OMARandMELCO PBLunder theAGREEMENT, including but not limited to, allMELCO PBL’s rights under clauses 6.1.2 and 6.1.3 of theAGREEMENT.

Other than the postponement of the completion date operated by means of your acceptance of the terms and conditions of this letter, all other provisions of theAGREEMENT, including but not limited to, all the conditions precedent and conditions for completion, shall remain fully valid and in force.

Exhibit 4.29

Please sign the enclosed copy of this letter to signify your acceptance and agreement to the terms and conditions of this letter set out herein.

Yours faithfully,

Double Margin Limited

	)
SIGNED by Mr.	)	/s/ Lee Chi Keong
	)
in the presence of:-	)
	)	/s/ Angela Leong

Leong On KeiakaAngela Leong	)
	)
signed in the presence of:-	)
	)

Sociedade de Fomento Predial Omar, Limitada	)
	)
SIGNED by Ms.	)
and Mr.	)
	)
in the presence of:-	)
Witness:	)

We hereby confirm our acceptance of and agreement to the terms and conditions of the letter set out above.

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Melco PBL (Macau Peninsula) Limited	)
	)
SIGNED by	)
	)
in the presence of:-	)
	)

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