Sands' Strong Q2 Performance Reflects Resilience of Marina Bay Sands Amidst Headwinds
Marina Bay Sands delivered a strong financial performance in the second quarter, despite facing headwinds from seasonally softer tourism demand and decreased visitation by high-value patrons during the World Cup football tournament. The company's strategic priorities remain clear and consistent, with a focus on creating meaningful shareholder returns over the long term.
According to Patrick Dumont, Chairman and Chief Executive Officer of Sands, Marina Bay Sands generated EBITDA of $689 million for the quarter, which would have been $37 million lower if the company had held as expected in its rolling play. This performance is all the more impressive given the seasonal softness in tourism demand in both Singapore and Macau during the second quarter.
"We remain confident that our market-leading product, service, and focus on driving high-value tourism will enable us to create unrivaled hospitality experiences for the world's most discerning customers and deliver additional growth at Marina Bay Sands in the years ahead," Dumont emphasized.
The company's fundamental operating strategy relies on three critical pillars: its people, its product, and its service. When these pillars are optimized, as they have been at Marina Bay Sands, the company is positioned to drive high-value tourism to the market and create outstanding financial and operating performance.
One of the key highlights from the quarter was the growth in mass gaming revenues at Marina Bay Sands, which increased by 5% compared to the second quarter of 2025. This growth demonstrates the resilience and underlying strength of the business.
In Macau, Sands China's $430 million in EBITDA for the quarter was negatively impacted by the exceptionally low VIP rolling hold of 1.35% for the quarter. However, the company remains encouraged by its progress during the second quarter, particularly with regards to improving service levels and customer experience.
"We are excited about the growth opportunity presented by the Marina Bay Sands Expansion," Dumont said. "The expansion will meaningfully increase our premium suite capacity, service, and entertainment offerings, including the debut of a state-of-the-art arena envisioned to be the finest in Asia."
The company remains on track with the development process for the expansion, which is expected to open early in 2031, subject to required government approvals. With its strong Q2 performance and focus on creating unique and memorable entertainment and hospitality experiences, Marina Bay Sands continues to position itself as a leader in the high-end tourism market.