In Singapore, Marina Bay Sands has announced it will open a Marquee-brand nightclub, in partnership with US-based restaurant and nightspot operator TAO Group, next year. The new venue will occupy a space formerly used by one of the integrated resort’s two theatres. A joint press release by Sands and TAO Group in June, stated that Marquee Singapore would occupy three floors and include a full-size Ferris wheel.In Australia, Crown Resorts is extending its search for buyers for apartments at its Sydney casino development. Media reports suggest that just a quarter of the apartments at Crown Sydney in Barangaroo have been sold so far.
Leading restaurant and nightlife company, TAO Group, announced recently that next year it would debut its flagship nightclub brand, Marquee, at the Marina Bay Sands Hotel in Singapore, where in January, TAO also launched its LAVO Italian Restaurant & Rooftop Bar. The upscale venue will reportedly take over space once used by one of the casino resort’s two theatres designed to draw entertainment shows.
GGRAsia reports that George Tanasijevich, who has been the President and Chief Executive Officer of Marina Bay Sands Pte. Ltd., a subsidiary of Las Vegas Sands Corp. (NYSE: LVS) since January 2011, communicated that the addition of the new nightclub would “continue to set Marina Bay Sands as an unparalleled nightlife destination.” The Paradise, Nevada-based Company founded by billionaire business magnate, Sheldon Adelson, owns and operates Marina Bay Sands. Among its properties in the U.S., it owns The Venetian and The Palazzo in Las Vegas where TAO Group has its LAVO Italian Restaurant and Lounge, as well as its TAO beach, TAO Nightclub and TAO Restaurant.
In a recent joint press release by the new partners, it was communicated that Marquee Singapore would debut in 2019 in a space spanning three floors, with a full-size Ferris wheel and 21-meter-high (69ft) ceilings. Based in the U.S., TAO Group boasts operations in New York City, where in 2003, the first Marquee nightclub debuted in Los Angeles, Sydney, Australia and Las Vegas, where its Marquee Day club and Marquee Nightclub are present at The Cosmopolitan. One of four partners, Noah Tepperberg, was quoted in the press release as saying, “This next adaption of the Marquee brand is unmatched in design and detail and will truly be one of the most outstanding nightclubs in the world,” GGRAsia reports.
In February 2017, Madison Square Garden Company reportedly paid $181 million for a 62.5% stake in TAO group, with its founders Marc Packer, Rich Wolf, Noah Tepperberg and Jason Strauss keeping a 37.5% stake in the company and maintaining day-to-day operations.
