Marina Bay Sands resort earned 1.1 billion in the last quarter of 2023 thanks to casinos

U.S. operator Las Vegas Sands this week reported the financial results of Singapore-based casino resort Marina Bay Sands for the fourth quarter of 2023. From October to December, the property generated revenue of $1.1 billion (R97.6 billion), up 55.6% from $682 million (R60.5 billion) a year earlier.

The main catalyst for the overall financial growth was casino revenues, which increased from $402 million (35.7 billion rubles) to $741 million (65.7 billion rubles), or 84.3%. But other factors alsoThe total amount increased from $273 million (24.2 billion rubles) to $544 million (48.3 billion rubles).

Representatives of Las Vegas Sands said that the Singaporean casino resort once again demonstrated outstanding financial and operational performance. New packages and enhanced offerings position us well as air transportation capacity improves. The recovery in travel and tourism spending from China and other regions continues to grow, the parent company’s officials added.

Las Vegas Sands’ total revenue in the fourth quarter of 2023 was $2.9 billion (257.2 billion rubles), a 161% increase over the 2022 result. EBITDA increased from $222 million to $222 million, a 161% increase over the 2022 result.opening a casino if the Japanese government provides more clarity.






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