Singapore’s Marina Bay Sands revenue exceeded expectations

Singapore's Marina Bay Sands revenue exceeded expectations

Singapore’s most popular casino – Marina Bay Sands has exceeded its gaming revenue expectations in Q2.

And some analysts said that it is only a matter of time before the integrated resort exceeds 2019 gaming revenues.

Research senior analyst John DeCree said the gaming revenue recovery at Marina Bay Sands has been much better than expected, and we still see plenty of room for further recovery at Marina Bay Sands.

The depth of the local market is apparent, and with Macau virtually shut down still, Singapore remains a key beneficiary of displaced gaming customers across regional Asian markets.

They are expecting gaming revenue at Marina Bay Sands will exceed 2019 levels, most likely in 2023.

LVS Chairman and CEO Robert Goldstein said the biggest thing they are seeing is that airlift is opening up but that also continues to be the most challenging part of the Singapore recovery.

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