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Gambling, & Poker News
Gambling, & Poker News
Las Vegas Sands is moving ahead with a major new project in Singapore, kicking off construction on an $8 billion expansion next to Marina Bay Sands. The new development will include a luxury hotel tower, massive meeting spaces, and a 15,000-seat arena aimed at drawing top-tier entertainment acts from around the world.
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The groundbreaking ceremony featured top officials from both Las Vegas Sands and Singapore’s government, including Prime Minister and Minister for Finance Lawrence Wong and Trade Relations Minister Grace Fu. Sands Chairman and CEO Robert Goldstein, President and COO Patrick Dumont, and Co-Founder Dr. Miriam Adelson were also present for the occasion.
Goldstein reflected on the company’s journey in Singapore, linking the new development to founder Sheldon Adelson’s original vision from 2010. Goldstein said:
“It has been truly incredible to witness Mr. Adelson’s vision come to life, and we are proud to carry his legacy forward with today’s groundbreaking ceremony for our new development here.”
Dumont also highlighted Singapore’s role in the company’s growth and its long-term commitment to the market. He said:
“By the time our new ultra-luxury development is complete, Las Vegas Sands will have invested more than $15 billion since we started operations in Singapore in 2010.”
The expansion builds on the success of Marina Bay Sands and will focus heavily on high-end tourism and large-scale entertainment. The purpose-built arena is expected to become a magnet for international performers and live events, helping Singapore strengthen its role as a global travel destination.
In keeping with the company’s sustainability plan, Sands ECO360, the project is expected to include design and operational elements focused on reducing environmental impact. Sustainability will reportedly play a key role in shaping the architecture and day-to-day running of the new resort.
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