Las Vegas stays Sands’ residence, however Singapore is its new epicenter

Singapore earned its place in gaming historical past shortly after opening its two casinos in 2010. Two gamblers lost a combined $115 million throughout baccarat periods at Marina Bay Sands and Resorts World Sentosa. They have been by no means named, however one was mentioned to be a Singapore businessman and the opposite was a gambler from Malaysia. One funding analyst steered casinos forgave a portion of the losses however nonetheless cleared about $86 million.

SINGAPORE – The Marina Bay Sands modified the Singapore skyline a decade in the past with its distinctive three curved lodge towers linked on the 57th flooring by a 3-acre rooftop Skypark with three eating places, a 500-foot infinity pool and 360-degree views of the island nation. 

It additionally modified the course of Las Vegas Sands Corp.

The firm, based by the late billionaire Sheldon Adelson and now managed by his widow, Miriam Adelson, offered its Strip resorts and conference heart for $6.25 billion in 2022 and is targeted on Asia — particularly Singapore and Macau, the place it operates 5 built-in resorts replete with lodges, casinos, conference house and leisure venues.

Sands reported companywide income of $13 billion in 2025 (all from its Asian markets), a 13 % enhance from 2024. Marina Bay Sands accounted for $5.6 billion — 43 % of the general determine — and greater than 24 % above what the property reported within the prior yr.

Singapore has simply two casinos — Sands and Resorts World Sentosa, which is operated by Malaysia–primarily based Genting Berhad. The property features a Universal Entertainment theme park.

According to Gaming Intelligence, Singapore gaming income topped $5.5 billion in 2025, a 24 % enhance from the earlier yr. Analysts estimated Marina Bay Sands was liable for greater than two-thirds of that complete.

When requested if Sands may nonetheless have any curiosity in Las Vegas, Stifel Financial gaming analyst Steven Wieczynski laughed.

“I would say highly unlikely. That ship has sailed,” mentioned Wieczynski, who has lengthy adopted the corporate’s Asian efforts. 

When the corporate introduced the sale of its Strip properties in 2021, Sands emphasised that regardless of holding a company headquarters within the metropolis, it was “focused on reinvestment in Asia and high growth opportunities in new markets” such as Texas.

It began when Sands spent $5.5 billion to open the 1,850-room Marina Bay Sands in 2010. Despite high-profile Macau properties, together with Venetian, Londoner and Parisian, the Singapore resort has turn out to be the acknowledged face of the corporate.

Last yr, Sands mentioned it might spend one other $8 billion in Singapore, not on Marina Bay Sands, however building a second resort throughout the road from the primary property’s essential entrance. 

With 570 suites and its personal 76,000-square-foot rooftop expertise — dubbed the Skyloop —  Wieczynski mentioned the brand new resort permits Sands to develop its presence past Marina Bay. The property has but to be named and will not open till at the least 2030. 

“Singapore remains an incredibly attractive destination for ultra-luxury tourism,” Wieczynski wrote in a January analysis notice to buyers. “If the regulatory environment remains status quo, we think Marina Bay Sands should continue to deliver growth unmatched across the global gaming industry.”

That’s one motive I’ve longed to expertise the property. Last month, my spouse and I spent 19 hours taking three separate flights to Singapore and spent 5 nights on the resort. I solely instructed a spokesman for Sands Corp. that I used to be there after we departed.

Unlike Strip resorts, the on line casino at Singapore’s Marina Bay Sands does not hit you sq. within the face with banks of slot machines. When you enter via the principle entrance, a customer is greeted by a nine-story pure gentle atrium. The foyer space, teeming with exercise, eating places and lounges, connects with the three lodge towers. 

Hotel rooms have views both of the monetary district throughout Marina Bay or southeast throughout the Gardens by the Bay, a 250-acre park alongside Singapore’s waterfront. Sands constructed a pedestrian bridge linking the resort to the attraction. 

But the on line casino is simple to search out. Signs within the foyer direct friends to an underground pathway beneath Bayfront Avenue. The 24-hour on line casino is inside a separate complicated that features the property’s 1.3 million square-foot conference heart, an 800,000 square-foot luxurious shopping center, eating places and a 2,200-seat theater.

Casino patrons are greeted by safety officers. Singapore residents pay an entry price of 175 Singapore {dollars} ($137 in U.S. {dollars}). Foreigners, together with U.S. residents, are admitted without cost after having their passports scanned.

At 161,500 sq. ft, the multilevel gaming house is roughly the scale of the MGM Grand Las Vegas on line casino flooring. It has 1,600 slot machines and 500 desk video games which might be predominantly fashionable in Asian casinos — pai gow, Sic Bo and variations of baccarat and poker. 

Sands spent the previous few years renovating and upgrading lodge rooms and different areas of the resort forward of constructing its subsequent venture.

On a quarterly convention name in January, CEO Patrick Dumont (Sheldon Adelson’s son-in-law who changed the retired Rob Goldstein on the finish of March) mentioned a number of public areas, together with the Skypark and shopping center, may see some upgrades.

“Our goal is to continue to improve the experiences that we offer. The vast majority are done … and you see how our patrons enjoy the changes that we’ve made,” Dumont mentioned. “Over time, we’re going to look to improve the property.”

Noted Vegas prison protection legal professional named to the Gaming Commission

Las Vegas prison protection legal professional Richard Schoenfeld, who, alongside David Chesnoff, has represented a number of high-profile celebrities and shoppers, was appointed to the Nevada Gaming Commission on Tuesday by Gov. Joe Lombardo.

Schoenfeld, whose four-year time period on the part-time, five-member fee begins April 28, replaces Las Vegas legal professional Rosa Solis-Rainey, who was the panel’s longest-serving member. Her time period ends later this month. 

In a press release, Lombardo mentioned Schoenfeld “brings decades of legal experience and a strong understanding of Nevada’s business community to this role.”

According to marketing campaign finance information, Schoenfeld has donated $25,000 to Lombardo’s campaigns for Clark County sheriff and governor since 2015, together with two $5,000 donations in August 2025.

Schoenfeld has practiced legislation in Nevada for practically three a long time and is a accomplice at Chesnoff & Schoenfeld. He earned his legislation diploma in 1998 and was admitted as a member of the Nevada Bar that very same yr.

Among the superstar shoppers that Schoenfeld represented, together with Chesnoff, have been singer Bruno Mars, former Las Vegas Raiders vast receiver Henry Ruggs and actuality tv star Paris Hilton.

“It means a great deal to have the opportunity to give back to this state,” Schoenfeld mentioned in a press release. “I look forward to contributing to the commission’s important work in maintaining the integrity of this vital industry.”

Analyst: Bally’s to finish leisure district after A’s stadium opens

When the Athletics’ $2 billion baseball stadium on the Strip is prepared for the beginning of the 2028 Major League Baseball season, one gaming analyst mentioned he believes Bally’s Corp. could have accomplished the features required by the crew for the ballpark’s operations.

However, the majority of the corporate’s deliberate 500,000-square-foot retail, leisure and eating district will come later.

Truist Securities gaming analyst Barry Jonas mentioned Bally’s is transferring at a slower tempo with potential enterprise companions seeking to finally encompass the 33,000-fan capability ballpark. 

“There is visible progress on the A’s baseball stadium,” Jonas wrote in an electronic mail to The Nevada Independent. But he thought of the “scale and scope” of any Bally’s venture to encompass the ballpark by opening day as “asset light.” 

In February, A’s Vice Chairman Sandy Dean mentioned Bally’s is required to assist fund “three significant components,” together with a central utility plant, which helps the air-conditioning system for the enclosed-roof stadium.

Bally’s can also be liable for growing a parking storage and the plaza space on the southeast nook of the Strip and Tropicana Avenue, which is able to function the stadium’s essential entrance.

Meanwhile, Bally’s confirmed its dedication towards the event final week, bringing in a trailer with greater than a dozen slot machines that served as a short lived on line casino over a number of days in an effort to preserve the non-restricted gaming rights on the previous Tropicana website for the following two years. 

Jonas mentioned Bally’s major focus areas are finishing building by early subsequent yr of a $2 billion on line casino resort in Chicago and growing a $4 billion New York resort and gaming complicated within the Bronx. 

He steered the constraints from Bally’s greater than $4.5 billion in debt would weigh in opposition to transferring shortly on components of the stadium’s leisure district.

What I’m studying

👀 ‘The status quo is unsustainable’: Congressional scrutiny of Kalshi, Polymarket explodes — Jasper Goodman, Declan Harty and Mia McCarthy, Politico 

Anxiety over state playing revenues and suspected insider buying and selling have lawmakers threatening to clamp down on Kalshi, Polymarket and different prediction market platforms.

🚘 Pittsburgh’s Rivers Casino to offer $500 parking spots during NFL Draft — Megan Swift, Trib.Live

And you thought parking on the Strip was costly?

News, notes and quotes

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🎰 Rio Las Vegas adjustments out senior administration crew

The Rio Las Vegas shook up its administration crew Monday, appointing former Caesars Entertainment govt Rod Turlan as president and basic supervisor, changing Patrick Miller, who had been within the place for greater than a yr. Turlan will oversee all features of the resort’s operations. Dreamscape Retail & Entertainment, which operates the Rio, additionally named Lori Ware as chief monetary officer, Ashley Lowe as senior vice chairman of gross sales and Vince Lentini as senior vice chairman of promoting. Dreamscape CEO Eric Birnbaum mentioned the brand new crew “brings the right combination of experience and talent to Rio.”