Marina Bay Sands Hits 500M Visitors, Record $2B Profit
Key Takeaways
Marina Bay Sands in Singapore has welcomed over 500 million visitors since its opening in 2010. This significant milestone highlights the resort’s role as a leading international destination. In 2024, the resort recorded over 38 million visitors and, for the first time, achieved an EBITDA profit exceeding USD 2 billion. Additionally, Marina Bay Sands contributes significantly to Singapore’s economy through substantial local investments and job creation.
500 Million Visitors Since 2010
Since its opening in 2010, Marina Bay Sands has recorded over half a billion visits. The resort, operated by Las Vegas Sands Corp., celebrated this milestone as proof of its global appeal. In an official statement, the company emphasized that Marina Bay Sands is continuously evolving to enhance the guest experience.
The exact methodology for calculating visitor numbers was not disclosed. However, this figure represents a significant achievement in the resort’s history.
Strong Visitor Numbers and Economic Success in 2024
The year 2024 was particularly successful for Marina Bay Sands. With over 38 million visitors, the resort’s popularity remained strong. The resort was also in high demand for conferences and events, with more than 1.2 million delegates attending meetings, incentives, conferences, and exhibitions (MICE).
The Sands Theatre attracted around 400,000 spectators, further reinforcing the resort’s status as an entertainment hub. International and local artists performed regularly, enhancing the venue’s appeal.
Financially, Marina Bay Sands also broke records. For the first time, its EBITDA profit (earnings before interest, taxes, depreciation, and amortization) surpassed USD 2 billion.
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Economic Contribution to Singapore
Marina Bay Sands makes a significant contribution to Singapore’s economy. In 2024, the resort’s total expenditures amounted to SGD 2.19 billion (approximately USD 1.64 billion).
The resort also plays a major role in employment, with over 11,800 employees. To support further growth, 1,200 new positions were recently offered at a job fair.
Another sign of the resort’s economic commitment is its support for local businesses. A total of 91.5% of its procurement budget was spent within Singapore, strengthening the local economy.
Looking Ahead to the 15th Anniversary
In April 2025, Marina Bay Sands will celebrate its 15th anniversary. With ongoing investments and improvements, the resort remains a key player in Singapore’s tourism and gaming industry. Continuous development aims to further enhance the guest experience and maintain the resort’s international appeal.
Our Assessment
Marina Bay Sands has established itself as one of the world’s leading gaming and entertainment destinations. The impressive visitor numbers and financial success demonstrate that the resort continues to play a significant role in the industry. Particularly noteworthy is its economic commitment to Singapore, which creates jobs and supports local businesses. With the upcoming anniversary and further developments, Marina Bay Sands remains a key player in the global casino and tourism sector.
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