{"id":613,"date":"2019-11-01T18:28:26","date_gmt":"2019-11-01T18:28:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=613"},"modified":"2026-04-24T10:11:23","modified_gmt":"2026-04-24T13:11:23","slug":"las-vegas-sands-owns-asias-ir-oligopoly","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/las-vegas-sands-owns-asias-ir-oligopoly","title":{"rendered":"Las Vegas Sands owns Asia\u2019s IR oligopoly"},"content":{"rendered":"\n

Las Vegas Sands is on the right track to continue standing out as Asia\u2019s market leader in the IR world.<\/p>\n\n\n\n\n\n\n\n

Sanford C Bernstein – an investment research and institutional asset management company – issued a report this Thursday; highlighting that the company\u2019s offerings in Macau and Singapore markets will continue to grow with its expansion including the Japanese market planned for the next few years.<\/p>\n\n\n\n

With 90% of overall profit coming from its Macau and Singapore properties, the brokerage believes the company already stands out among its peers; and will continue to invest and expand into the Asian market in the future.<\/p>\n\n\n\n

In Macau, \u201cSands is now not only adding capacity but also redeveloping\/upscaling its properties<\/strong><\/em><\/a>. When the redevelopment is complete, Sands will stand to benefit from the expected growth in the premium mass gaming segment.\u201d<\/p>\n\n\n\n

Bernstein says that \u201cWhile Sands will see virtually no increase in net rooms, the redevelopment of Sands Cotai Central and the opening of the Four Seasons Tower Suites will significantly increase Sands\u2019 product.\u201d<\/p>\n\n\n\n

Moreover in Singapore, Marina Bay Sands (LVS) and its only competitor in the market, Resorts World Sentosa (Genting Singapore), will invest approximately \u20ac3 billion to upgrade and expand<\/strong><\/em><\/a> their current facilities. Despite this, \u201cMBS will continue to have an advantage over RWS in a number of hotel rooms and gaming features.\u201d<\/p>\n\n\n\n

Furthermore, in Japan, LVS has recently shown interest in pursuing an IR bid<\/strong><\/em><\/a>. However, given the expected costs to develop an IR are now exceeding \u20ac9 billion, the operator is playing it cautiously. Japan represents an opportunity that \u201cprovides attractive long-term optionality for LVS in an oligopoly market.<\/p>\n\n\n\n

\u201cThe Japan market will likely surpass the size of Singapore and LVS is well-positioned as a front-runner in the race for an integrated resort development,\u201d Bernstein said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas Sands is on the right track to continue standing out as Asia\u2019s market leader in the IR world.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sanford C Bernstein's report highlights Las Vegas Sands' robust market leadership in Asian Integrated Resorts, with Macau and Singapore properties driving 90% of profits. The company is strategically redeveloping existing assets and exploring significant expansion opportunities in Japan, positioning itself for continued growth in the premium mass gaming segment and long-term market optionality.","focusai_entities":"Las Vegas Sands, Sanford C Bernstein, Resorts World Sentosa, Genting Singapore","focusai_location":"Macau, Singapore, Japan, Asia, Las Vegas","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"LVS Japan IR Strategy","query":"What specific governance frameworks and licensing requirements in Japan might influence LVS's cautious approach to its IR bid, and how could this impact the projected \u20ac9 billion development cost?"},{"label":"Premium Mass Segment Growth","query":"How will the redevelopment of Sands Cotai Central and the opening of the Four Seasons Tower Suites specifically enhance LVS's NGR from the premium mass gaming segment in Macau, and what competitive response is anticipated from other operators?"}],"footnotes":""},"categories":[160,28,16338],"tags":[96,29,473,1642],"class_list":["post-613","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","tag-asia","tag-casino","tag-ir","tag-las-vegas-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/613","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\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=613"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/613\/revisions"}],"predecessor-version":[{"id":21559,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/613\/revisions\/21559"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}