Singapore regulator renews Marina Bay Sands’ casino license for another 3 years

Sheldon Adelson’s Singapore venture, the Marina Bay Sands, has been approved to operate in the city-state for three more years.

The city state’s Casino Regulatory Authority (CRA) announced last week that it has renewed the casino license of Las Vegas Sands Corp’s subsidiary, Marina Bay Sands Pte Ltd., which operates the integrated resort in Singapore.

The renewal, which went into effect last April 26, followed an assessment by the casino regulator that the Marina Bay Sands conforms to its rules. CRA also took into consideration the “independent opinion of an evaluation panel,” the regulator said in a statement.

Aside from Marina Bay Sands, the state regulator also renewed the casino license of Resorts World Sentosa for another three years back in February.