Exhibit 4.7
 EXECUTION VERSION
 DATED 1 st September 2008
 MELCO CROWN GAMING (MACAU) LIMITED
 DEUTSCHE BANK AG, HONG KONG BRANCH




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CONTENTS
 Clause
    
    Page1. DEFINITIONS AND INTERPRETATION
    
    
    12. SUPPLEMENT OF FACILITY AGREEMENT
    
    
    13. REPRESENTATIONS
    
    
    24. CONTINUITY AND FURTHER ASSURANCE
    
    
    25. MISCELLANEOUS
    
    
    26. GOVERNING LAW
    
    
    2SIGNATURES
    
    
    3SCHEDULE 1
    
    
    5SCHEDULE 2
    
    
    7




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THIS AGREEMENT st
 (1)
    
    MELCO CROWN GAMING (MACAU) LIMITEDformerly known as Melco PBL Gaming (Macau) Limited (in its
own capacity and as Obligors Agent for and on behalf of the Relevant Obligors) (the
Company); and
 (2)
    
    DEUTSCHE BANK AG, HONG KONG BRANCHin its capacity as Agent (the Agent).
 RECITALS
 (A)
    
    The parties hereto entered into a USD1,750,000,000 Senior Secured Term Loan and Revolving
Credit Facilities Agreement dated 5 September 2007 (the Facility Agreement).
 (B)
    
    The Facility Agreement has been amended pursuant to a transfer agreement between, inter
alios, the parties hereto dated 17 October 2007 and a Supplemental Deed in respect of the Deed
of Appointment between, inter alios, the parties hereto dated 19 November 2007 and an
Amendment Agreement between the parties hereto dated 7 December 2007.
 (C)
    
    It has also been proposed that certain amendments may be made to the Facility Agreement in
connection with an amendment request made by the Company in its letter to the Agent dated 13
August 2008 and as a result, it has now been agreed to further amend the Facility Agreement as
set out below.
 IT IS AGREED
 1.
    
    DEFINITIONS AND INTERPRETATION
 1.1
    
    Incorporation of defined terms
 (a)
    
    Unless a contrary indication appears, a term defined in or by reference in
Schedule 2 (Amended and Restated Facility Agreement) has the same meaning in this
Agreement.
 (b)
    
    The principles of construction and rules of interpretation set out or referred
to in the Schedule 2 (Amended and Restated Facility Agreement) shall have effect as if
set out in this Agreement.
 1.2
    
    Clauses
  1.3
    
    Designation
  2.
    
    AMENDMENT OF FACILITY AGREEMENT
 Conditions
Precedent Effective Date Amended and Restated Facility Agreement Amended and
Restated Facility Agreement
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3.
    
    REPRESENTATIONSThe representations and warranties set out in Schedule 5 (Representations and Warranties) of
the Facility Agreement are deemed to be made by each Relevant Obligor (by reference to the
facts and circumstances then existing) on the date of this Agreement and on the Effective
Date and, in each case, as if any reference therein to any Finance Document in respect of
which any amendment, acknowledgement, confirmation, consolidation, novation, restatement,
replacement or supplement is expressed to be made by any of the documents referred to in
Clause 1.3 (Designation) included, to the extent relevant, such document and the Finance
Document as so amended, acknowledged, confirmed, consolidated, novated, restated, replaced
or supplemented.4.
    
    CONTINUITY AND FURTHER ASSURANCE4.1
    
    ContinuityThe provisions of the Facility Agreement and the other Finance Documents shall, save as
amended by this Agreement, apply and continue in full force and effect. In particular,
nothing in this Agreement shall affect the rights of the Secured Parties in respect of the
occurrence of any Default which is continuing or which arises on or after the date of this
Agreement.4.2
    
    Further AssuranceEach Relevant Obligor shall, upon the written request of the Agent and at its own expense,
do all such acts and things reasonably necessary to give effect to the amendments effected
or to be effected pursuant to this Agreement.5.
    
    MISCELLANEOUS5.1
    
    Incorporation of termsThe provisions of clause 1.3 (Third Party Rights), clause 18.1 (Transaction Expenses),
clause 30 (Notices), clause 32 (Partial Invalidity), clause 33 (Remedies and Waivers) and
clause 37 (Enforcement) of Schedule 2 (Amended and Restated Facility Agreement) shall be
incorporated into this Agreement as if set out in full herein and as if references in those
clauses to Agreement are references to this Agreement and cross-references to specified
clauses thereof are references to the equivalent clauses set out or incorporated herein.5.2
    
    CounterpartsThis Agreement may be executed in any number of counterparts, and this has the same effect
as if the signatures on the counterparts were on a single copy of this Agreement.6.
    
    GOVERNING LAWThis Agreement is governed by English law.
 This Agreement has been entered into on the date stated at the beginning of this Agreement.
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SIGNATURES
 The Company
  MELCO CROWN GAMING (MACAU) LIMITED.
 By:
    
    /s/ Simon Dewhurst

Simon Dewhurst
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The Agent
 DEUTSCHE BANK AG, HONG KONG BRANCH
 By:
    
    /s/ Angus BarkerAngus BarkerManaging DirectorBy:
    
    /s/ Katherine LauKatherine LauDirector/s/ Chiu Kin Wing EdwardChiu Kin Wing EdwardAuthorised Signatory/s/ Chao ShenChao Shen
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SCHEDULE 1  Conditions Precedent
 1.
    
    Corporate Documents
 (a)
    
    A copy of a resolution of the board of directors of the Company:
 (i)
    
    save if such resolution is not required under the law of
incorporation or the articles of association of the Company, approving the
terms of, and the transactions contemplated by, the Finance Documents referred
to in paragraph 2 below to which it is a party and resolving that it execute,
deliver and perform the Finance Documents referred to in paragraph 2 below;(ii)
    
    authorising a specified person or persons to execute the
Finance Documents referred to in paragraph 2 below on its behalf; and(iii)
    
    authorising a specified person or persons, on its behalf, to
sign and/or despatch all documents and notices to be signed and/or despatched
by it under or in connection with the Finance Documents referred to in
paragraph 2 below (each, for the purposes of this Schedule 2 and for so long
as such authorisation remains effective, an authorised signatory of the
Company).
 (b)
    
    A specimen of the signature of each person authorised by the resolution or
power of attorney referred to in paragraph (a) above in relation to and, who will be
executing, the Finance Documents referred to in paragraph 2 below and related
documents.
 (c)
    
    A certificate of an authorised signatory of the Company, certifying that there
have been no amendments to the Constitutional Documents of each Relevant Obligor since
the date of the Facility Agreement.
 (d)
    
    A certificate of an authorised signatory of the Company, certifying (or
declaration of a director or other authorised signatory of the Company confirming) that
each document, copy document and other evidence relating to it (and each other
document, copy document or other evidence) specified in this Schedule 1 (Conditions
Precedent) (other than those referred to in paragraph 2 below) is correct, complete and
in full force and effect and has not been amended or superseded as at a date no earlier
than the Effective Date.
 2.
    
    Finance Documents
 (a)
    
    Receipt by the Agent of an original of each of the following Finance Documents,
in each case duly executed by the parties thereto:
 (i)
    
    this Agreement; and(ii)
    
    any other document entered into which the Agent and the
Company agree prior to the Effective Date to designate as a Finance Document.
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(b)
    
    Receipt by the Agent of evidence that in respect of each Finance Document
referred to in this paragraph 2:
 (i)
    
    it has been duly authorised, executed and delivered by or on
behalf of such of the Obligors as are party thereto and duly filed, notified,
recorded, stamped and registered as necessary;(ii)
    
    all conditions precedent to the effectiveness thereof (other
than any such conditions relating to the occurrence of the Effective Date)
have been satisfied or waived in accordance with their respective terms and
each such Finance Document (save as provided in this sub-paragraph (b)) is in
full force and effect accordingly; and(iii)
    
    none of such of the Obligors as is party to any such Finance
Document is or, but for the passage of time and/or giving of notice will be,
in breach of any obligation thereunder.
 3.
    
    Legal opinions
  (a)
    
    Mr Henrique Saldanha, as to certain matters of Macanese law;(b)
    
    Manuela António Advogados & Notários as to certain matters of Macanese law; and(c)
    
    Clifford Chance as to English law,
  4.
    
    Fees and expenses
  (a)
    
    all taxes, fees and other costs payable in connection with the execution,
delivery, filing, recording, stamping and registering of the documents referred to in
this Schedule 1; and
 (b)
    
    all fees, costs and expenses due to the Finance Parties and their advisers
under the Finance Documents on or before the Effective Date,
  5.
    
    Other documents and evidence
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SCHEDULE 2  Amended and Restated Facility Agreement
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