Good things worth waiting for, says MBS chief
The IR had begun talks with Singapore govt on its expansion plans in 2016
Singapore
EVER since Marina Bay Sands (MBS) opened for business in April 2010, its senior executives have consistently made known their desire to invest more in Singapore and to expand the footprint of the integrated resort (IR).
In 2016, MBS first began discussions with the government on its proposed expansion plans. At the time, there was still a year to go before the 10-year exclusivity period (dated from when the contracts to develop the IRs were awarded) for Singapore's two casino operators was to expire.
Resorts World Sentosa is Singapore's other IR operator.
After rounds of hush-hush negotiations, it was announced on Wednesday that Las V…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Japan’s corporate service inflation perks up in March
New Zealand first-quarter imports fall amid sluggish economy
Hong Kong crypto ETF launches will test ambition to be digital-asset hub
UK pay settlements edge lower in first quarter: industry survey
Trump jury told how publisher buried negative press
Sunak says UK to raise defence spending amid global threats