Las Vegas Sands Chairman and CEO Patrick Dumont says he expects the company’s US$8 billion expansion of Singapore integrated resort Marina Bay Sands (MBS) to exceed the company’s return thresholds – aided by the continued “best in industry” scale of its EBITDA margins.
Dumont was speaking at the Bernstein 42nd Annual Strategic Decisions Conference early Thursday (Asia time), explaining that while the investment into what has been dubbed IR2 is substantial, LVS remains bullish on the additional returns it can provide given the property’s impressive track record
“We think about [MBS] as a total investment, so we don’t break it into its component parts.
