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Marina Bay Sands targeting 40% EBITDA increase once IR2 expansion completed

Marina Bay Sands is aiming to create the ‘most valuable tourism development in the world’ with its IR2 (Integrated Resort 2) expansion, targeting a 40 percent increase in adjusted property EBITDA once the project is completed.

Marina Bay Sands seeking Singapore’s largest loan – $9 billion: Report

Marina Bay Sands is reportedly seeking Singapore’s largest loan, totaling some $9 billion to help fund the expansion of its integrated resort in the city.

Marina Bay Sands $8B expansion will create “most important” IR in the world – LVS President

Las Vegas Sands Corp (LVS) has announced an ambitious plan to invest $8 billion in the second phase of its Marina Bay Sands (MBS) complex, adding a fourth tower to the property and significantly increasing its original investment estimate of $3.3 billion from 2019.

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

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