Monday, June 24, 2024

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Marina Bay Sands receives approval for developing the fourth tower

Marina Bay Sands (MBS) has officially obtained approval from the authorities to construct a fourth tower.

Las Vegas Sands: 4Q23 EBITDA hits $1.2B, as Marina Bay Sands sees record quarter

Las Vegas Sands announced strong results for the fourth quarter of 2023, reporting nearly $1.2 billion in adjusted property EBITDA and net revenue of $2.91 billion, amongst the continued rise of its Macau and Singapore operations.

Marina Bay Sands expansion costs could balloon to $4B

Las Vegas Sands likely to adjust expected to upgrade the construction costs related to the Marina Bay Sands expansion in Singapore again, possibly raising the planned budget to $4 billion, brokerage Deutsche Bank estimates.

Marina Bay Sands preparing to tap $7.4 bln in bank loans to fund expansion

Marina Bay Sands is planning to gather S$10 billion ($7.4 billion) in bank loans to expand its hotel and entertainment business, Bloomberg reported.

Malaysian national jailed for card counting scheme at Marina Bay Sands

A Malaysian national has been sentenced by Singaporean authorities to three years and four months in jail over a scheme to record cards dealt at Baccarat games at Marina Bay Sands (MBS).

Data breach exposes the information of 665k Marina Bay Sands non-casino clients

The data of 665,000 Marina Bay Sands customers was illicitly accessed in a data security breach in October 2023.

Marina Bay Sands dealers caught in a cheating scheme

Two Marina Bay Sands dealers were caught helping a player win at roulette, by spinning the wheel such that the ball landed on his favorite numbers, Channel News Asia reported

Marina Bay Sands new tower expansion to start within half to one year: COO

Works for Marina Bay Sands new tower expansion should be initiated in around "six months to one year" depending on approvals, the President and chief Operating Officer of Las Vegas Sands, Patrick Dumont, stated in the group's latest conference call.

Marina Bay Sands rolls out Smart Hotel features in mobile app to transform guest experience

Hotel guests can now enjoy more convenience at Marina Bay Sands via its mobile application-enabled Smart Hotel features that allow them to skip conventional means of checking in and out at the front desk.

LVS secures construction timeline extension with Singapore government for Marina Bay Sands

Las Vegas Sands has managed to secure a timeline extension from the Singapore government for the development of Marina Bay Sands, just ahead of an April deadline that could have caused the company to be in breach of its contract.