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Las Vegas Sands To Invest $8 Billion To Expand Singapore Casino [Forbes]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: Forbes
Las Vegas Sands —controlled by the family of the late casino billionaire Sheldon Adelson —plans to invest $8 billion to expand its integrated casino resort in Singapore amid a tourism boom in the city-state. The company originally earmarked $3.4 billion when the project was first announced in 2019. The new plan now includes a full-scale integrated resort that includes a new 570-room luxury hotel tower, a 15,000-seat entertainment arena and a 110,100 square feet conference and exhibition space right next to the existing Marina Bay Sands property, Las Vegas Sands said during its third-quarter earnings call. The new hotel tower will be designed by Moshe Safdie, who is also the architect of the existing Marina Bay Sands hotel that helped redefine the Singapore skyline. It is expected to be completed by 2031, subject to government approvals. “We're very excited about the future and trajectory of the [Singapore] business,” Patrick Dumont, president and chief operating officer of Las Show less Read more
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