2025.09.12
sunset station casino promotionsorg.“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.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.nearest casino dallas texasWith the Venetian operator out of the running, that could open the door fcliff castle casino slotsor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.But it won’t be until 2021 when the federal government will entertain bids from various cities and their operator partners.no deposit casino bonus july 2021 liberty slots casino codescasino 7 font(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.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 JapaneWhile my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an Integrated Resort, the framework around the development of an IR has made our goals there unreachable,” said Adelson in a statement.casino extreme instant withdrawalorg.“The good news for LVS is that most investors/analycliff castle casino slotssts did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.”fanduel casino desktop mgm casino spacoushatta casino job openingsIf 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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projeccliff castle casino slotst could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.While my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an Integrated Resort, the framework around the development of an IR has made our goals there unreachable,” said Adelson in a statement.“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.”Adelson didn’t get into specific numbers.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.free online poker sites play money poker players casino royale |