Reported about 1 month ago
Las Vegas Sands has announced plans to invest $8 billion in expanding its Marina Bay Sands resort in Singapore. The project, known as IR2, will feature a new hotel tower with 570 luxury suites, gaming areas, an arena with 15,000 seats, rooftop pools, and extensive exhibition space. This expansion is seen as a significant commitment to Singapore's tourism market, despite the company's recent quarterly profit miss impacted by renovations at its Macau casino and lower income expectations in Singapore.
Source: YAHOO