Source: Pixabay (Pexels)
Net revenue recovered 4% during the quarter.
Marina Bay Sands sustained its recovery as it grew 4% in the third quarter of the year, which is equivalent to 94% of its pre-pandemic levels, UOB Kay Hian reported.
This growth was driven by local patronage as well as the mass market segment which has recovered to its 2019 levels.
The strong rebound in the number of international visitors and the VIP market segment also helped boost gaming revenues.
In particular, the mass market gross gaming revenue increased by 156% year-on-year and 10% quarter-on-quarter; whilst the VIP gross gaming revenue soared by over 1200%YoY and 4%QoQ.
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