Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands

[SINGAPORE] Net revenue for Marina Bay Sands (MBS) rose 17 per cent to US$2.6 billion in the first half of 2025, from US$2.2 billion for the same period in 2024.

The casino resort operator’s parent company, Las Vegas Sands (LVS), said on Thursday (Jul 24) that MBS delivered “record financial and operating performance”. The company drew down S$1.1 billion to fund the payment for the land premium on MBS’ US$8 billion expansion.

Revenue from rooms for the second quarter grew 8 per cent year on year to US$134 million, though hotel occupancy dropped by 0.3 percentage point to 95 per cent across the same period. The average daily room rate rose 11.4 per cent to US$888, resulting in a revenue per available room of US$844 compared to US$759 in Q2 2024.