Home THE DAILY EDGE Business Las Vegas Sands’ Singapore casino CEO resigns
Las Vegas Sands’ Singapore casino CEO resigns

Tags: Marina Bay Sands

Written by Medeline Ting   
Friday, 28 January 2011 21:23
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Tom Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands (LVS.N), has resigned and will leave on Feb. 18, according to a memo seen by Reuters on Friday.

A Marina Bay Sands spokeswoman confirmed Arasi’s resignation but declined to elaborate.

Marina Bay Sands, built at a cost of US$5.5 billion ($7.03 billion), opened its doors last April. It US$242 million in earnings before interest, tax, depreciation and amortisation for the quarter ended Sept 30, Las Vegas Sands said on Oct 27.
 
The U.S. casino group will report fourth-quarter results on Feb 3.
 
 
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Last Updated on Friday, 28 January 2011 21:24