
Announced on April 11 by the Singapore Gambling Regulatory Authority, the renewed license is effective from April 25. It enables Marina Bay Sands to continue operating its land-based casino.
In a short statement, the GRA said the license was renewed under Section 49 of the Casino Control Act 2006. It added that the integrated resort fulfilled all requirements set in Section 45 of the CCA.
Marina Bay Sands first opened its doors in mid-2010 but did not hold its grand opening until February 2011. The Las Vegas Sands-owned venue is one of the most famous landmarks in the city-state.
Features include what Las Vegas Sands describes as the world’s largest atrium casino. This hosts 500 tables and 1,600 slot machines.
Other amenities include a 1,850-room hotel and a convention and exhibition center, in addition to a shopping mall, museum, theater and various restaurants.
Last month, the resort surpassed a major milestone, announcing it had reached the 500 million visitor mark.
Change At The Top For Las Vegas Sands
Also last month, Las Vegas Sands announced Robert Goldstein is to step down as CEO and chairman of the business. He will transition to the role of senior advisor by March next year.
As an advisor, Goldstein will assist management with government relations activities, efforts to pursue new physical development opportunities and gaming strategies.
The Sands board intends to name Patrick Dumont, currently president and chief operating officer, as the new CEO. However, this is subject to final approval.