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u.s. based online casinos“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.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.free slots real money usaBut 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.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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecblack hawk casino cot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.phone number for four winds casino new buffalo sycuan casino to jamul casinoroulette casino liveThat makes the undertaking the most expensive casino project on record.Now, there’s chatter that at those price points, operators’ return on investment goals of mid-to-upper teens percentages are difficult, if not impossible, to meet.Now, there’s chatter that at those price points, operators’ return on investment goals of mid-to-upper teens percentages are difficult, if not impossible, to meet.mgm grand casino rewardsNo 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.But it won’t be until 2021 when the federal government will entertain bids from various cities and their operator partners.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.twin river casino near me doubleu casino free slotssoaring eagle casino winners 2020Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.(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.”With the Venetian operator out of the running, that could open the door fblack hawk casino coor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.“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.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.morongo casino new member promotions free online poker websites |