{"id":777017561,"date":"2024-07-25T09:48:18","date_gmt":"2024-07-25T12:48:18","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777017561"},"modified":"2026-04-22T07:50:12","modified_gmt":"2026-04-22T10:50:12","slug":"marina-bay-sands-revenue-up-9-8-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-revenue-up-9-8-in-q2","title":{"rendered":"Marina Bay Sands revenue up 9.8% in Q2"},"content":{"rendered":"\n

Net revenue reached US$1.01bn in the second quarter.<\/p>\n\n\n\n\n\n\n\n

Singapore.-\u00a0Las Vegas Sands<\/strong> has reported that\u00a0Marina Bay Sands’ (MBS)\u00a0<\/strong>net revenue was down 12.3 per cent quarter-on-quarter<\/a> from US$1.16bn to US$1.01bn in the second quarter of the year. The figure was\u00a0up 9.8 per cent when compared to last year.<\/p>\n\n\n\n

Casino revenue was up 8.8 per cent year-on-year from US$649m to US$706m. Adjusted property earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 18.5 per cent when compared to last year but down 13.5 per cent in quarter-on-quarter terms to US$592m. Rolling chip volume was US$6.07bn, up 0.9 per cent in year-on-year terms.<\/p>\n\n\n\n

Robert G. Goldstein<\/strong>, chairman and chief executive officer, said: “In Singapore, Marina Bay Sands again delivered strong financial and operating performance.  Our new suite product and elevated service offerings position us for additional growth as travel and tourism spending in Asia continues to advance.”<\/p>\n\n\n\n

See also: <\/strong>Singapore tightens controls on cash deposits at casinos<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Net revenue reached US$1.01bn in the second quarter.<\/p>\n","protected":false},"author":176,"featured_media":25153,"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 (MBS), a Las Vegas Sands property, reported Q2 net revenue of US$1.01bn, marking a 12.3% quarter-on-quarter decline but a 9.8% year-on-year increase. Casino revenue and adjusted property EBITDA also demonstrated year-on-year growth, despite QoQ dips. MBS is strategically leveraging new luxury offerings to capitalize on advancing travel and tourism in Asia, amidst recent regulatory tightening on cash deposits in Singapore casinos.","focusai_entities":"Las Vegas Sands, Marina Bay Sands, Robert G. Goldstein","focusai_location":"Singapore, Asia","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.9), operator_casino (1.0), marketing_crm (0.75), payments_fraud_aml (0.95), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact of cash controls?","query":"What is the projected impact of Singapore's tightened cash deposit controls on Marina Bay Sands' VIP segment and overall net gaming revenue (NGR) trajectory?"},{"label":"QoQ vs. YoY performance?","query":"Beyond the reported figures, what specific market or operational factors contributed to the quarter-on-quarter decline in net revenue and EBITDA, despite the year-on-year growth?"}],"footnotes":""},"categories":[163,16333],"tags":[168],"class_list":["post-777017561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-marina-bay-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017561","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=777017561"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017561\/revisions"}],"predecessor-version":[{"id":777017589,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017561\/revisions\/777017589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25153"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}