Construction of Marina Bay Sands Hotel Towers Reaches Final Floor

June 30, 3:38 AMCasino ExaminerKevin Adams

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Marina Bay Sands - Singapore

Formal Topping Off Ceremony Scheduled for July 8

SINGAPORE, /PRNewswire/ -- Construction of the Marina Bay Sands(TM) high-rise hotel towers has reached the top floors ahead of a ceremony on July 8, when Las Vegas Sands Corp. (NYSE: LVS) will formally celebrate the completion of the three 55-story hotel towers. When fully completed, the three hotel towers will feature more than 2,500 luxury hotel rooms and suites.

"We are certainly excited to have reached the top floor of the hotel towers and on July 8 we hope all Singaporeans will join us as we celebrate another milestone in the development of this iconic resort and come one step closer to opening the doors and showing it off to the rest of the world," said Sheldon G. Adelson, the company's chairman and chief executive officer.

Mr. Adelson, who will be in Singapore for the ceremonial event, said that after the topping off is completed the next step in the construction process will be placing the one hectare SkyPark on top of the three hotel towers. The Sky Park, which will sit more than 650 feet off the ground, is currently being fabricated offsite and will need 14 separate lifts to get all of its pieces atop the hotel towers. When opened, the SkyPark will feature three swimming pools, several restaurants and bars, extensive landscaped gardens, and stunning views of the Singapore skyline.

Marina Bay Sands will also feature approximately 1.25 million square feet of meeting and convention facilities, two world-class theatres, expansive shopping and entertainment options, restaurants from the world's top celebrity chefs, and an Arts and Exhibition museum.

Forward-Looking Statements

This press release contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, general economic conditions, competition, new ventures, substantial leverage and debt service, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, gaming junket operators, risks relating to our Macao gaming concession, infrastructure in Macao and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Las Vegas Sands Corp. assumes no obligation to update such information.

ABOUT LAS VEGAS SANDS CORP.

Las Vegas Sands Corp. (NYSE: LVS) is the leading international developer of multi-use integrated resorts.

The Las Vegas, Nevada-based company owns and operates The Venetian Resort-Hotel-Casino, The Palazzo Resort-Hotel-Casino, and the Sands Expo and Convention Center in Las Vegas and the Sands Casino Resort Bethlehem(TM) in Eastern Pennsylvania. The company also owns and operates The Venetian Macao Resort-Hotel and the Sands Macao in the People's Republic of China (PRC) Special Administrative Region of Macao. In addition, LVS owns the Four Seasons Hotel Macao and is also developing the Marina Bay Sands(TM) integrated resort in Singapore.

LVS is also creating the Cotai Strip(R), a master-planned development of resort-casino properties in Macao. At completion, the Cotai Strip will feature approximately 21,000 rooms from world-renowned hotel brands such as St. Regis, Sheraton, Shangri-La, Traders, Hilton, Conrad, Fairmont, Raffles, Holiday Inn, and InterContinental.

 
 
SOURCE: Las Vegas Sands Corp.