Goldstein: Macau, Singapore markets to rebound to record levels

The Chairman and CEO of Las Vegas Sands Corp, Robert Goldstein, says he expects the company’s two key Asian markets – Macau and Singapore – to become more profitable than ever before once fully recovered from the ravages of the COVID-19 pandemic.

Goldstein, alongside Wynn Resorts CEO Craig Billings and MGM Resorts CEO and President Bill Hornbuckle, was speaking during a panel session titled “Betting on the Future: Reinventing the Modern Casino” – part of the CNBC Evolve Global Summit broadcast overnight (Macau time).

While much of the hour-long discussion was centered around the strong recovery seen in Las Vegas, which has resulted in record revenues throughout 2022, Goldstein said he expects similar results in Asia as and when it fully opens up. LVS operates Marina Bay Sands (MBS) in Singapore and multiple resorts in Macau, including The Venetian, The Parisian and The Londoner on the Cotai Strip.

Source: https://www.asgam.com/index.php/2022/07/14/goldstein-macau-singapore-markets-to-rebound-to-record-levels/