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Marina Bay Sands sees another record quarter as earnings soar 83% to $965m
October 24, 2025
|The Straits Times
Casino and hotel operator Marina Bay Sands (MBS) enjoyed another blowout quarter after a billion-dollar investment to upgrade the resort.
MBS' adjusted property earnings before interest, taxes, depreciation and amortisation soared 83 per cent to US$743 million (S$965 million) in the third quarter of 2025, from US$406 million in the year ago period.
This came as revenue jumped 56.3 per cent to US$1.44 billion from US$919 million.
Parent company Las Vegas Sands (LVS) said on Oct 22 that MBS' record financial performance came on the back of its suite renovation programme, which was completed in the second quarter of 2025.
The programme, which spanned a few years, saw a billion-dollar investment to upgrade its hotel and luxury offerings, including creating new suites.
هذه القصة من طبعة October 24, 2025 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
The Straits Times
New pathway for kidney transplants: Donations after the heart stops
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3 mins
October 26, 2025
The Straits Times
How will we spend our time when Al and the robots take over?
Meaningful leisure may be the answer.
2 mins
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The Straits Times
Cocktails under $10 at Jakarta's best bars
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2 mins
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The Straits Times
MATCHA MANIA BOILS OVER
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3 mins
October 26, 2025
The Straits Times
Lift your glasses to free-flow booze
More restaurants are offering all-you-can-drink deals in a bid to entice diners
8 mins
October 26, 2025
The Straits Times
Bannon claims there's a plan for Trump to run for third term
Pro-Trump podcaster Steve Bannon, who briefly served as US President Donald Trump’s White House chief strategist in his first term, has publicly thrown his support behind the President’s talk of seeking a third term, in defiance of a constitutionally mandated two-term limit.
2 mins
October 26, 2025
The Straits Times
Young bodybuilders help lift Japan's ailing care sector
Fit young men put muscles to good use in return for perks including paid gym time
3 mins
October 26, 2025
The Straits Times
Black Cats in 2nd spot after stunning Blues
LONDON - Sunderland climbed to second in the English Premier League as Chemsdine Talbi's stoppage-time winner stunned Chelsea 2-1 at Stamford Bridge, while Newcastle United also struck late to beat Fulham 2-1 on Oct 25.
2 mins
October 26, 2025
The Straits Times
All the stars are aligned for Olivia's Way
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3 mins
October 26, 2025
The Straits Times
Turks, Indonesians or others? Race is on to find troops to police Gaza
Senior US officer likely to head stabilisation force but its composition yet to be decided
4 mins
October 26, 2025
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