Las Vegas Sands Corp ("LVS") was awarded the project to develop the Integrated Resort (IR) at Marina Bay by the Singapore government.LVS committed a high development investment of US$3.85 billion. Together with the land price and other associated capital costs, the total investment by LVS would exceed US$5 billion. This is one of the largest investments in the world for a single IR. The IR will include the first casino in Singapore. The IR, to be known as Marina Bay Sands, is scheduled to be opened in 2009.
Its proposal includes plans for 2,500 hotel rooms, 1.2 million square feet of flexible meetings, incentive,convention and exhibition (MICE) space, one million square feet of retail space, three large entertainment venues and a Paiza Club, LVS' successful premium player venue.It will also be the region's first museum that boasts the best in international cultural and populist exhibits; extensive entertainment programming spanning Broadway, Bollywood, music, sports, fashion and an array of entertainment from Southeast and North Asia; a high-end retail mall featuring sophisticated product offerings; world-class spa and fitness facilities; and fine dining restaurants offering gourmet cuisines from award winning chefs. To know more what are in store at Marina Bay Sands, read more in the IR factsheet.
LVS is a hotel, resort, and gaming and exhibition/convention company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino and the Sands Expo and Convention Center, where it hosts exhibitions and conventions, in Las Vegas and the Sands Macao in the People's Republic of China Special Administrative Region of Macao.
The company is also developing additional casino hotel resort properties, including The Palazzo Resort Hotel Casino in Las Vegas and The Venetian Macao Casino Resort in Macao.
Tags: Travel, Leisure, Resort, Las Vegas Sands, Marina Bay, Singapore, Macao, Las Vegas, Casino
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