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Las Vegas Sands eyes more Singapore land, Spain casino

Reuters--U.S. casino operator Las Vegas Sands is seeking more land to expand its casino complex in Singapore due to strong demand for convention and exhibition space, founder and CEO Sheldon Adelson said on Thursday.

“We are already running out of MICE (meetings, incentives, conventions and exhibitions) space and I've told the government that we need some more land to expand,” Adelson told reporters ahead of the official opening of the Marina Bay Sands casino complex.

“The demand this property creates for MICE is rapidly bringing us to the point where we need to ration space,” he said, adding that Las Vegas Sands will bid for whatever additional land the Singapore government puts up for auction.

The US$5.5 billion Marina Bay Sands, which started operations in April last year, is the world's second most expensive after MGM's CityCenter in Las Vegas.

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