Friday, April 30, 2010

Marina Bay Sands Casino Opening

From opening accounts from the blogs, it looks like MBS is a few rungs up on RWS in terms of class, design and service. Looks spectacular.

Marina Bay Sands

MBS and RWS comparison

Marina BaySands / Resorts World Sentosa
Cost S$7.5 bn / S$6.6bn
Slots 1,500 / 1,300
Tables 670 / 530
Hotel Rooms 2,600 / 1,800
MICE floor 1,291,669 sq. ft. / 647,880 sq. ft.
Casino floor 161,000 sq. ft. / 161,000 sq. ft.
Retail space 800,000 sq. ft. / 330,000 sq. ft.
Restaurants 17 / 60
Non-gaming : Sands Skypark / Universal Studios Sg
Amenities: Helix pedestrian walkway / Marine Life Park

The $5.9 billion Marina Bay Sands, the world's No.2 most expensive casino after MGM Mirage's CityCenter in Las Vegas, has opened in Singapore.

Marina Bay Sands opening timeline
17-Apr Temporary occupancy certificate granted
25-Apr Casino license granted
27-Apr Marina Bay Phase 1 (Soft opening)
- 963 of 2600 hotel rooms
- Full casino (161K sq. ft.)
- Portion of MICE and retail space
- 3 celebrity, one 24hr. restaurant, 2 noodle bars
23-June Marina Bay Phase 2 (Grand opening)
- Remaining hotel rooms/suites (2,600 total)
- Additional retail and MICE space
- Entertainment pavilion
- SkyPark (exact timing subject to change)
August 2010 All restaurants should conclude opening
December 2010 Marina Bay Phase 3
- All retail should conclude opening
- Science museum opens
- Light and water show on Marina Bay debuts

Dealers at Marina Bay Sands


Anonymous said...

Dear Dali

What do think about classic scenic? these stock keep breaking all year high level and seem on uptrend. Classic scenic is cash rich company, and have propose 14% or 7sen TE dividend. Based on today closing price of 67.5sen, its dividend yield is more than 10% net!

Ivan said...

wao ..
seem the Marina BaySands cost of development are much much cheaper than genting singapore. .
+ design + comfort. ..

but y genting singapoer pay high vs Marina BaySands ?

qwerty said...

Dear Dali,

Any update on Notion Vtec? What's your comments regarding their latest private placement and free warrant? Second private placement in such a short time will further dilute the EPS,I guess the free warrant is some sort of consolation for the minority shareholders. But today share price shown that shareholders are not happy with it. What your opinion of these? Thanks in advance.

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