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Singapore
Marina Bay Sands Sets Ambitious Target of $3 Billion Annual EBITDA with Fourth Tower Expansion
Marina Bay Sands (MBS), the iconic property in Singapore owned by Las Vegas Sands, has reported an impressive annualized run rate of over US$2...
Nomura Analysts Forecast Surge in Chinese Tourists to Boost Singapore’s Integrated Resorts: A Comprehensive Analysis
Nomura analysts anticipate a substantial rise in Chinese tourists visiting Singapore, driven by positive regional travel indicators and an imminent visa exemption agreement between...
Las Vegas Sands Reports Strong Q4 2023 Financial Performance, Fueled by Macau and Marina Bay Sands
Las Vegas Sands (LVS) has announced robust financial results for the fourth quarter of 2023, with a consolidated Adjusted Property EBITDA of US$1.20 billion....
Marina Bay Sands Launches SG$500,000 Sands Innovative Arts Fund to Drive Creativity in Singapore’s Art Scene
Singapore's iconic Marina Bay Sands (MBS) has unveiled the Sands Innovative Arts Fund, a groundbreaking initiative with an initial donation of SG$500,000. This fund,...
Restructuring at Las Vegas Sands Corp: New Board Member Alain Li, Two Directors Step Down
Global gaming giant Las Vegas Sands Corp has recently undergone changes in its Board of Directors, appointing Alain Li as a new member while...
Marina Bay Sands Unveils Ambitious $750 Million Investment for Second Phase of Transformation
Singapore's iconic Marina Bay Sands (MBS) is set to undergo a groundbreaking $750 million investment in the second phase of its property transformation. This...
Singapore Fines Resorts World Sentosa SG$2.25 Million for Compliance Failures
The Gambling Regulatory Authority (GRA) of Singapore has imposed a fine of SG$2.25 million (US$1.67 million) on Resorts World Sentosa for its failure to...
Fitch Predicts 10% Growth in Singapore’s Integrated Resort Gaming Revenue for 2024
Singapore's integrated resorts, Marina Bay Sands (MBS) and Resorts World Sentosa (RWS), are poised for a robust 10% growth in gaming revenue in 2024,...
Singapore International Visitor Arrivals Show Robust Growth Despite Sequential Decline in October
Singapore experienced a notable increase in international visitor arrivals, welcoming a total of 1,125,948 visitors in October. Although this reflects a robust year-on-year growth...
Genting Singapore’s Strategic Pivot: A Costly but ROIC-Positive Move
Genting Singapore's recent decision to shift its expansion plans for Resorts World Sentosa (RWS) towards a more premium offering has been characterized as Return...