Las Vegas Sands flags $10.6b investment to develop fourth tower at Marina Bay Sands

Las Vegas Sands flags $10.6b investment to develop fourth tower at Marina Bay Sands

The Straits Times - Business·2024-10-24 15:01

SINGAPORE - Las Vegas Sands (LVS), the parent company of Marina Bay Sands (MBS), now estimates it will spend US$8 billion (S$10.6 billion) on the integrated resort’s (IR) expansion project, more than doubling its original planned investment amount.

Dubbed “Marina Bay Sands IR2”, the fourth tower will include 570 hotel rooms, premium gaming areas, a sky roof, a 15,000-seat entertainment arena, and additional premium Mice (meetings, incentives, conferences & exhibitions) space, as well as new food and beverage (F&B) and nightlife offerings.

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