Marina Bay Sands (MBS) raked in a record net revenue of S$1 billion
(US$806.9 million) in the fourth quarter last year, a 44 per cent
increase over the same period the year before.
US-based parent company Las Vegas Sands
Corp. said in its press statement that the Singapore casino-resort posted strong growth in the VIP
segment, mass gaming and slot volumes together with continued
growth in visitor numbers and non-gaming revenue streams.
"Looking ahead, as Singapore's complementary business and
leisure tourism offerings and transportation infrastructure
continue to expand, we are confident that Marina Bay
Sands will generate meaningful growth and outstanding
returns for our company," said LVS, which has gaming and hotel
operations in Las Vegas and Macao.
Headed by its billionaire CEO Sheldon Adelson, LVS reported that
consolidated net revenue also increased 37.3 per cent to a record
US$9.41 billion. The increase was principally due to stronger
results across the company’s portfolio of domestic properties in
Las Vegas as well as overseas properties in
Macao and MBS.
The US company has also declared an annual dividend of $1 per
share.
-- Yahoo!