Las Vegas Sun

April 24, 2024

Las Vegas Sands says Singapore site to top estimates

Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, says its Singapore resort is set to exceed analysts’ cash-flow projections this year as gamblers flock to the new complex.

About 550,000 people visited the Marina Bay Sands casino in the first 25 days of May, Chief Operating Officer Michael Leven said in an interview in Las Vegas last week, describing the overall resort as “about 25 percent open.” The casino is winning “slightly more” on mass-market gambling than on VIP play since opening April 27, he said.

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