• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 30 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

2024 Asian Gaming Power 50: Number 18 – Paul Town

Newsdesk by Newsdesk
Tue 12 Nov 2024 at 14:21
2024 Asian Gaming Power 50: Number 19 – Kevin Tan
12
SHARES
306
VIEWS
Print Friendly, PDF & Email

CLAIMS TO FAME

  • Global gaming experience includes stints in Macau, Australia and New Zealand

Arriving at Singapore’s iconic Marina Bay Sands in October 2019 as Senior Vice President Resort Operations, former Macau and Australian hotel executive Paul Town certainly endured a baptism of fire by way of the COVID-19 pandemic.

But, having quickly been promoted to Chief Operating Officer following the 2021 departures of then Chief Casino Officer Andrew MacDonald and long-time Managing Director George Tanasijevich, the New Zealander is now reaping the benefits of his perseverance.

This has been a record-breaking year for MBS, achieving Adjusted EBITDA of US$597 million in the March 2024 quarter and, despite renovation works impacting revenues, another US$512 million of EBITDA in Q2. Some may have laughed when Rob Goldstein, the Chairman and CEO of MBS parent Las Vegas Sands, said he wanted the property to generate profits of US$2 billion annually but that now looks exceedingly cautious. No wonder he has since raised that goal to US$3 billion a year.

MBS, meanwhile, has undergone a US$1 billion revamp of Towers 1 and 2 and is well into another US$750 million upgrade of hotel rooms in Tower 3.

Development of a long-awaited fourth hotel tower, first announced in 2019, will also get underway in earnest next July, adding another 587 rooms across 153,100 square meters of hotel space, with an additional 12,185 square meters of retail space plus a sky roof, 15,000-seat entertainment arena and additional premium MICE space, as well as new food and beverage and nightlife offerings – all at a cost of US$8 billion.

For the full list of 2024 Asian Gaming Power 50 winners, click here.

Tags: Current IssueMarina Bay SandsPaul TownThe 17th Asian Gaming Power 50 2024
Share5Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Call of Macau

Call of Macau

by Ben Blaschke
Wed 28 May 2025 at 17:55

The who’s who of the Asian gaming industry descended on Macau in early May for the 16th edition of G2E Asia. Asia’s longest-running gaming industry trade show, G2E Asia, returned to The Venetian Macao in early May – the first...

We like to party

We like to party

by Ben Blaschke
Wed 28 May 2025 at 17:28

The Industry Party returned to MGM Cotai on 8 May with around 400 guests attending to make it the largest TIP yet! Less than two years since making its debut in July 2023, The Industry Party has developed into one...

Swing for the stars

Swing for the stars

by Newsdesk
Tue 29 Apr 2025 at 11:15

Wynn Macau Ltd continued its efforts to promote Macau as a hub for sports tourism by hosting its second annual International Series Macau golf event in March. Wynn hosted the prestigious 2025 International Series Macau in March, with Mexico’s Carlos...

On with the show

On with the show

by Newsdesk
Tue 29 Apr 2025 at 11:13

The 16th edition of G2E Asia sees the region’s largest annual land-based industry trade show return to its traditional May time slot. Since its debut in 2007, G2E Asia has developed into arguably the preeminent gaming industry trade show in...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English