Inside Asian Gaming

IAG JAN 2023年1月 亞博匯 24 COVER STORY W hat a difference a year makes. It was August 2021 when Marina Bay Sands (MBS) reopened its casino floor after a two-week closure – the second time in as many months that it had suspended operations due to COVID-19 and yet another massive blow to the property’s bottom line. Caught in the midst of a global pandemic, MBS parent company Las Vegas Sands later reported revenue of US$249 million from its Singapore IR for the September 2021 quarter, with Adjusted EBITDA barely in the black at US$15 million. Once renowned as the most profitable casino in the world, it was now barely profitable at all. Fast forward 12 months and how the mood had turned, with MBS reporting 3Q22 revenues of US$756 million – up 203% year- on-year – and Adjusted EBITDA of US$343 million. It wouldn’t be long, beamed LVS Chairman and CEO Robert Goldstein during the company’s Q3 investor call, before MBS matched and exceeded its 2019 EBITDA level of US$1.6 billion annually. “I think we can grow to US$2 billion in the next couple of years if we get it right and the market recovers,” Goldstein forecast. “Singapore is going to grow… the destination is more powerful than ever, our building is getting better than ever, and when you see a rebound from China and the rest of Asia, US$1.6 billion 一 年之內的變化能有 多大？就在2021年 8月，濱海灣金沙 （MBS）才剛剛在 關閉兩週之後重新 開放娛樂場——這是其數月來第二次因 為新冠疫情而暫停營運，給利潤帶來相 當大的打擊。 受全球新冠疫情影響，濱海灣金沙 的母公司拉斯維加斯金沙（LVS）集團 報告稱，在2021年第三季度，其位於新 加坡的物業收入為2.49億美元，經調整 後物業EBITDA為1,500萬美元。這個曾 被稱為全球最賺錢的賭場，在當時幾乎 沒有盈利。 時間快進到一年之後，市場情緒徹 底轉變。濱海灣金沙在報告2022年第三 季度收入時披露，當期收入為7.56億美 元，按年增長203%，經調整後EBITDA 為3.43億美元。LVS集團主席Robert Goldstein當時在財報電話會議上笑稱， 不用多久，濱海灣金沙就會達到並超越