Las Vegas Sands Corp. has secured three loans totaling $ 12 billion ($ 9 billion, USA) to start working on an extension of her Singapore Marina Bay Sands Resort.
In a submission of the Securities and Stock Exchange Commission on Monday, the company said it had secured loan in Singapore currency of $ 3.75 billion ($ 2.81 billion, USA), $ 750 million ($ 561 million) and $ 7.5 billion ($ 5.61 billion) For Marina Bay Sand’s expansion as expansion as expansion and for general expenditure.
Las Vegas Company formally announced its plans to invest $ 4.5 billion ($ 3.3 billion, US Additional convention and meeting space. The property was opened in 2010.
The new additions are expected to start construction in July with a planned date 2029.
Cashless table
Las Vegas-based Acres Manufacturing Co. Has announced that it will install 1,000 of its cashless 2chips cashless table system in 2025.
In an edition, the company said it had exceeded 1,000 unit sales and will deliver and install units throughout the United States until 2025.
An important component of Cashless Casino Product Suite, C2C allows players to seamlessly buy and pay from all table games with their mobile devices and accelerate the transition to a completely cashless gaming experience.
Units are a complement to Acre’s cashless casino product for slot machines installed in 40 casinos in 11 states.
Cashless2chips offers casinos a quick, effective way to modernize table games. The system uses Bluetooth sensors at each betting position, giving players the opportunity to finance games through their mobile devices. A built-in 7-inch touch screen provides retailers of transaction and real-time verification checks.
“Exceeding 1,000 unit sales of cashless2chips is proof of the growing demand for seamless, frictionless payments at the gaming table,” said Noah Acres, from Acres Manufacturing. “Operators realize that a real cashless experience increases the player’s convenience, improves safety and improves the casino’s profitability. Players have been shown to increase expenses when adapting cashless games, and we are pleased to now get the experience to the tables players. “
Bipartisan Bill to cancel Federal Sports Games Taxes reinstated
Two legislators from opposite sides of the country are once again trying to a two -party effort to eliminate the federal excise tax on sports games.
US Rep. Your Titus, D-Nev., And the US Rep. Guy Resecenthaler, R-Penn. On February 19, their bill reintroduced to cancel 0.25 percent tax placed on legal sports alarms.
Titus and Resecenthaler have tried to cancel the tax, known as the “handle tax”, by signing bills in 2019, 2021 and 2013. The two are co -chairman for the congress game cake.
US Supreme Court Decision 2018 on Professional and Amateur Sports Protection Act (Paspa) paved the way for sports games with single games outside Nevada. Currently, 38 states and Washington, DC, legal, regulated sports games allow.
“The discriminatory law on the cancellation of game taxes from 2025 cancels a tax that does nothing except to punish legal gaming operators to create thousands of jobs in Nevada and 37 other states around the country,” Titus said. “Illegal sports books do not pay 0.25 percent of sports trade tax and the accompanying tax of $ 50 per head at Sportsbook employees, giving them an unfair advantage.”
Reschenthaler said that “outdated tax codes” and “burdensome regulations” in the industry “punish legal operators and stimulate illegal activities.”
Maddux, Circa cooperates for baseball charity promo
To celebrate the beginning of a new baseball season, the Hall of Fame -Pitcher Greg Maddux will throw out the ceremonial “first pitch” at a central Las Vegas casino next month.
Maddux, a degree from Valley High School, will make the throw on Circa Casino-Hotel on March 27 as part of the plant’s “Take me out to Vegas”, which includes a “VAT drink free” American Coney Island and free apple pie.
First pitch is scheduled for 11:45
The event will benefit Baller Dream Foundation. Maddux will return to Circa Resort & Casino for the third annual Baller Dream Foundation Celebrity Poker tournament on June 7 and 8.
Boyd Dividend
Boyd Gaming Corp.’s Board of Directors last week increased its dividend by one penny per share.
The company announced on Thursday that it will pay 18 cents per share, up from 17 cents, on April 15 to shareholders in a record on March 17.
Review-Journal is owned by the Adelson family, including Dr. Miriam Adelson, majority shareholder in Las Vegas Sands Corp. And Las Vegas Sands President and Coo Patrick Dumont.
Contact Richard N. Velotta at rvelotta@ theplayerlounge.com or 702-477-3893. Follow @rickvelotta at X.
Contact David Danzis at ddanzis@ theplayerlounge.com or 702-383-0378. Follow @AC2vegas-danzis.bsky.social.
