2025.10.12
turtle lake casino showsBut Wieczynski thinks LVS’s departure is a sign that the numbers there aren’t going to work, and that operators dead set on doing business in the Land of the Rising Sun will eventually be disappointed.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.(Image: CNBC)In announcing the decision to bow out of the Japan competition, Sands Chairman and CEO Sheldon Adelson noted, “The framework around the development of an IR (integrated resort) has made our goals there unreachable.scarlet pearl casino online gamesBut Wieczynski thinks LVS’s departure is a sign that the numbers there aren’t going to work, and that operators dead set on doing business in the Land of the Rising Sun will eventually be disappointed.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.casino 400 welcome bonus brian christopher slots incomegrand z casino black hawk colorado“The good news for LVS is that most investors/analyraging bull casino onlinests did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.casino near me free play“The good news for LVS is that most investors/analyraging bull casino onlinests did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.As for the Venetian operator, there’s nothing lost here, because Adelson’s company can save cash for other opportunities, including either individual property purchases or acquisition of a rival.slotocash casino.com wild horse pab casino employmentroulette casino near me“If they were going to invest B-B to construct an integrated resort in the market, trying to get a mid-to-upper teens return off of that investment given some of the rumored restrictions the Japanese government wanted to place over their gaming industry probably made making a decent return impossible.“The good news for LVS is that most investors/analyraging bull casino onlinests did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.No Skin Off Sands’ BackForecasts call for Japan to eventually become the world’s second-largest gaming market by revenue, behind only Macau, confirming that licenses there remain sought-after despite Sands’ withdrawal from the competition.In a stunning move, Las Vegas Sands (LVS) announced late Tuesday that it’s withdrawing from consideration to open an integrated resort (IR) in Japan, with Chairman and CEO Sheldon Adelson lobbing criticism at the structure of the country’s efforts to become a gaming destination.If they (LVS) are walking away from Japan, it probably means they can’t make the numbers work in terms of adequate returns,” said Stifel analyst Steven Wieczynski in a note obtained by Casino.Citing the company’s dominance in Macau and success in Singapore, gaming analysts on both sides of the Pacific widely expected Sands to easily procure one of the first three Japaneblack bear casino coupons nearest casino near branson mo |