Marina Bay Sands’ $8 billion expansion could be accretive to operator’s earnings That would allow Las Vegas Sands to reduce leverage, says Moody’s Las Vegas Sands (NYSE: LVS) recently commenced an $8 billion expansion of its Marina Bay Sands casino resort in Singapore — one of the most expensive projects in gaming industry history — and the finished product could produce positive results for investors. A rendering of the $8 billion expansion of Marina Bay Sands in Singapore. Moody’s said the project could lift the operator’s earnings. (Image: Las Vegas Sands) In a new report, Moody’s Investors Service said expansion of Marina Bay Sands could drive a significant uptick in visitation to the integrated resort, thus boosting the operator’s earnings per share (EPS) while providing a pathway for the company to reduce leverage. We believe that, once constructed, this property will result in a considerable amount of additional visitation at MBS, and in turn, considerable earnings and ability to reduce…Read MoreCategory: Asia Pacific Gaming, Financial, asia pacific gamingSource: Casino.org