The Singaporean government said on April 3 that it had agreed to the expansion of the city-state’s two integrated casino resorts. In return for their investment, an aggregate of US$6.65 billion, the respective operators would continue to hold a duopoly on casino gambling in Singapore through 2030, it added at the time.
However, the new tower to be built in Singapore by U.S.-based casino operator Las Vegas Sands Corp as part of the expansion plans for the firm’s Marina Bay Sands complex (pictured), will not include gambling place as has been said before.
As part of the agreement with the Singaporean government, casino resort Marina Bay Sands will build a fourth tower adjacent to its existing complex. The project includes a 15,000-seat arena and a new luxury all-suite hotel with approximately 1,000 rooms, topped with a sky roof. The agreement additionally allows Marina Bay Sands to increase its total gambling floor area by 13.3% to a limit of 17,000 square metres for a total of 183,000 sq feet.
