Marina Bay Sands Secures Three-Year Casino Licence Renewal Ahead of $1B Expansion
Last update: 12 April, 2025
This decision follows a comprehensive assessment of the casino’s compliance with local regulatory standards, particularly those outlined in Section 45 of the Casino Control Act 2006. The GRA confirmed that Marina Bay Sands has met all necessary legal and operational requirements, ensuring it remains aligned with the authority’s expectations around governance, financial probity, and operational integrity.
Marina Bay Sands, owned by Las Vegas Sands, continues to play a central role in Singapore’s integrated resort and tourism landscape. Its offering includes extensive gaming facilities, high-end accommodation, and a wide array of entertainment and retail options. The resort is regarded as a key contributor to Singapore’s hospitality sector and a major draw for international visitors.
The licence renewal comes at a time of major planned growth for Marina Bay Sands. Las Vegas Sands recently announced a US$1bn expansion project, set to begin construction on 8 July 2025 in partnership with the Singapore Tourism Board. This development is expected to enhance the resort’s suite of offerings and reaffirm its status as a premier integrated resort in the region.
The GRA’s decision to extend the casino licence further reinforces its commitment to maintaining high operational standards within the country’s gaming industry. By ensuring that operators like Marina Bay Sands meet stringent regulatory requirements, the authority aims to promote a safe, transparent, and well-regulated gaming environment. The renewal not only reflects confidence in MBS’s operations but also signals long-term support for the resort’s contribution to Singapore’s economy.
Las Vegas Sands’ financial results for the 2024 fiscal year also point to continued momentum, with reported revenues reaching US$11.3 billion (approximately £9.15 billion). The combination of regulatory compliance, strong financial performance, and planned expansion sets the stage for Marina Bay Sands to continue driving value in both the tourism and gaming sectors.