{"id":34618,"date":"2022-10-20T11:08:47","date_gmt":"2022-10-20T14:08:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34618"},"modified":"2026-04-23T03:45:21","modified_gmt":"2026-04-23T06:45:21","slug":"marina-bay-sands-net-revenue-up-us756m-in-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-net-revenue-up-us756m-in-q3","title":{"rendered":"Marina Bay Sands net revenue up US$756m in Q3"},"content":{"rendered":"\n

Marina Bay Sands was by far Las Vegas Sands\u2019 most successful property in the third quarter.<\/p>\n\n\n\n\n\n\n\n

Singapore.- Las Vegas Sands has shared Q3 financial results <\/strong>for Marina Bay Sands in Singapore. Net revenue was S$1.08bn (US$756m). Adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) rose from US$15m in Q3 2021 to US$343m.<\/p>\n\n\n\n

The occupancy rate<\/strong> at MBS increased from 71.1 per cent last year to 96.1 per cent, while the average daily spend increased from US$235 to US$515. Revenue per available room increased from US$169 to US$494.<\/p>\n\n\n\n

Robert Goldstein<\/strong>, chairman and chief executive officer of Las Vegas Sands said the company remains enthusiastic about the opportunity to receive more guests as greater volumes of visitors can travel to Singapore.<\/p>\n\n\n\n

Las Vegas Sands has started a US$1bn renovation project<\/a> at Marina Bay Sands. The project is separate from Las Vegas Sands\u2019 commitment to the Singapore government in 2019 to invest S$4.5bn (US$3.3bn) in the expansion of the Marina Bay Sands hotel<\/strong>. The pledge coincides with the group\u2019s extension of Singapore casino rights to 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

Marina Bay Sands was by far Las Vegas Sands\u2019 most successful property in the third quarter.<\/p>\n","protected":false},"author":176,"featured_media":18107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Marina Bay Sands, a Las Vegas Sands property in Singapore, reported robust Q3 financial results with net revenue of S$1.08bn (US$756m) and adjusted EBITDA soaring to US$343m, driven by a 96.1% occupancy rate. The company is undertaking a US$1bn renovation, separate from a S$4.5bn (US$3.3bn) expansion commitment tied to its extended Singapore casino rights until 2030.","focusai_entities":"Las Vegas Sands, Marina Bay Sands, Robert Goldstein, Singapore government","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"ROI on Investments","query":"What is the projected return on investment (ROI) for the US$1bn renovation and the S$4.5bn expansion projects, and how will these impact future GGR and NGR projections for Marina Bay Sands?"},{"label":"Singapore Market Outlook","query":"How do the current visitor volume trends and increased average daily spend at Marina Bay Sands position Las Vegas Sands within the broader APAC integrated resort market, particularly concerning competitive pressures and future growth drivers?"}],"footnotes":""},"categories":[163,158,16333],"tags":[168],"class_list":["post-34618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-slider-home","category-south-east-asia-news","tag-marina-bay-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34618"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34618\/revisions"}],"predecessor-version":[{"id":34633,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34618\/revisions\/34633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18107"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}