Marina Bay Sands

Adelson thinking about selling MBS retail assets next year

Gambling tycoon Sheldon Adelson, whose Las Vegas Sands Corp. owns the landmark Marina Bay Sands, said he's considering selling the casino resort's retail assets after a government-imposed moratorium expires next year. The company has spoken with potential buyers, Chairman Mr Adelson said in a conference call after Las Vegas-based Sands announced first-quarter results Wednesday. "We have been...

No formal proposal from MBS on acquisition of land sites

US casino giant Las Vegas Sands may be keen to build more hotel rooms in Singapore, but the company has not made any formal proposal to authorities here. The world's biggest casino operator plans to add 1,500 rooms to its Marina Bay Sands integrated resort in Singapore, the firm's billionaire founder Sheldon Adelson said last week. A news report had quoted Mr Adelson as saying that Las Vegas Sands...

Billionaire Adelson seeks land to expand Marina Bay Sands

Las Vegas Sands has asked the Singapore authorities for more land to increase rooms at its Marina Bay Sands resort by about 60 per cent after facing almost full occupancy, billionaire Chairman Sheldon Adelson said yesterday. The world’s biggest casino operator plans to add 1,500 rooms to the 2,563-room resort, Mr Adelson said at a briefing here. It will also add meeting rooms, ballrooms and exhibition...

Analysts question need for more MICE space in S’pore

It could be a while before Marina Bay Sands is able to double its meetings, incentives, exhibitions and conventions (MICE) space. Analysts said land sites near the resort are not due for tender anytime soon. And some market watchers are questioning the need for more MICE space in Singapore. Marina Bay Sands' management said they will bid for the land sites once they are up for sale. With more MICE...

Las Vegas Sands seeking more land to expand MBS

Las Vegas Sands chief executive officer Sheldon Adelson said he is lobbying to get more land from the Singapore government to expand its profitable integrated resort in Singapore. Mr Adelson told reporters at the opening of the Marina Bay Sands (MBS) that the meetings, incentives, conventions and exhibition (MICE) business has been overwhelming and more land space would be needed. "Otherwise we may have...

ArtScience Museum ready to open its doors

Singapore's latest iconic structure, the lotus-inspired ArtScience Museum at Marina Bay Sands integrated resort, is ready to open its doors. The structure, made up of "10 fingers", is also touted as the "Welcoming Hand of Singapore" which opens up to the skies. Its architect Moshe Safdie said: "These shapes which you read from the outside - some say 'lotus', some say 'hand of welcome' - are actually the...

Marina Bay Sands gets casino licence

The Casino Regulatory Authority of Singapore has issued a casino licence to Marina Bay Sands. In a brief statement on its website, the authority said the casino operator must ensure that it remains suitable to manage and operate a casino in accordance with Section 45 of the Casino Control Act. Marina Bay Sands is due to open its doors on Tuesday. Staff at the integrated resort are working round the...

Marina Bay Sands gears up for preview opening next week

Things are heating up at the Marina Bay Sands Integrated Resort as it gears up for its preview opening on Tuesday. The integrated resort, the second in Singapore, has been running simulation exercises involving 2,000 guests this week. It said the hotel, stores and part of the exhibition and convention centre will be open. The rest of Marina Bay Sands will open in phases with the grand opening on June...

Marina Bay Sands will present opportunities to hotels in the area: industry players

Singapore's Marina Bay Sands integrated resort will add more hotel rooms in the downtown area currently home to at least nine hotel chains. But the existing players see opportunities from the new kid on the block rather than threats. The tower blocks are now prominent landmarks in downtown Marina Bay. Hotels in the vicinity are watching the anticipated opening of Marina Bay Sands more with excitement than...

Marina Bay Sands integrated resort to open in phases from Apr 27

Las Vegas Sands said it plans to open the first phase of its US$5.5 billion Marina Bay Sands development on 27 April 2010. Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands, said the integrated resort will immediately go to work by hosting its first event - the Inter-Pacific Bar Association's annual conference - just days after opening its doors. The second phase will open on June...

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