SINGAPORE, Feb 17 (Reuters) - U.S. casino operator Las Vegas Sands is seeking more land to expand its highly profitable Singapore casino, founder and CEO Sheldon Adelson said on Thursday.
He told reporters at the official opening of Las Vegas Sands' $5.5 billion Marina Bay Sands, the world's second most expensive after MGM's CityCenter in Las Vegas.
Las Vegas Sands said on Feb 3 its Singapore casino had earnings before interest, tax, depreciation and amortization (EBITDA) of $306 million in fourth quarter 2010, boosted by above-normal table game winnings.
The casino, which opened in April 2010, generated $241.6 million in EBITDA in the third quarter. ($1 = 1.281 Singapore Dollars)
(Reporting by Harry Suhartono) Keywords: LASVEGASSANDS SINGAPORE/ (Kevin.Lim@thomsonreuters.com)(65)(6403 5663) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
He told reporters at the official opening of Las Vegas Sands' $5.5 billion Marina Bay Sands, the world's second most expensive after MGM's CityCenter in Las Vegas.
Las Vegas Sands said on Feb 3 its Singapore casino had earnings before interest, tax, depreciation and amortization (EBITDA) of $306 million in fourth quarter 2010, boosted by above-normal table game winnings.
The casino, which opened in April 2010, generated $241.6 million in EBITDA in the third quarter. ($1 = 1.281 Singapore Dollars)
(Reporting by Harry Suhartono) Keywords: LASVEGASSANDS SINGAPORE/ (Kevin.Lim@thomsonreuters.com)(65)(6403 5663) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2011 AFX News
