Marina Bay Sands in Singapore has officially launched an expansion project worth up to 8 billion US dollars, aiming to upgrade this most profitable casino resort in the world into a world-class luxury gambling and entertainment complex.On July 15, the parent company Las Vegas Sands held a groundbrea
The proposal seeks to increase the annual total to USD 500,000. Additionally, the racetrack was urged to pay its debt and it is proposed to establish severe fines should this occur again.Puerto Rico.- Representative José Aponte Hernández announced that he will present a project in the next legislati
Net revenue was up 7.2 per centyear-on-year and 24.05 per cent quarter-on-quarter.Singapore.-Las Vegas Sands (LVS) has reported thatMarina Bay Sands (MBS)generated net revenue of US$1.14bn in the fourth quarter of 2024. That’s an increase of 7.2 per centin year-on-year terms and of 24.05 per cent co
The LNB received an award during the World Lottery Summit 2024 in Paris.El Salvador.- The National Lottery of Beneficence of El Salvador (LNB) was honored with a recognition for its leadership in responsible gaming practices during the World Lottery Summit 2024. The event was organized by the World
Marina Bay Sands expects to post an annual adjusted property EBITDA of US$3.5bn.Singapore.- Las Vegas Sands (LVS) has predicted that Marina Bay Sands’ (MBS) annual earnings before interest, taxation, depreciation and amortisation (EBITDA) will rise 40 per cent to US$3.5bn after the opening of the se
The company plans to use the loan to fund the expansion of its integrated resort.Singapore.- Marina Bay Sands (MBS) is reportedly looking to secure a loan of approximately SG$12bn (US$9m), which would represent the largest financing deal in Singapore’s history. The credit would partially refinance a
Net revenue reached US$919m in the third quarter.Singapore.-Las Vegas Sandshas reported thatMarina Bay Sands’ (MBS)net revenue wasdown 9.5 per cent year-on-year, to US$919m. The figure was also down 9.89 per cent from the second quarter of the year.The casino operator’s adjusted property earnings be
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