2025.10.12
king slots free slots casinoLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.”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.gold coast casino in las vegas phone numberLas Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.”Adelson didn’t get into specific numbers.Leader Out of the RaceNews of Sands’ departure from the Japan IR competition is all the more surprising when considering the company’s status as one of the frontrunners.bovada free casino foxwoods resort casino hotel reservationsfirekeepers casino promotionsWhile 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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.”Adelson didn’t get into specific numbers.free slots coushatta(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.“Pot committed” is a poker term referring to the point at which a player has invested so much in a hand that he or she is all but forced to see it through to the end rather than folding.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.1 casino terrace newport ri mgm casino tunicablack oak casino gift shop”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.“This scares us now, because we believe there are other gaming companies that are so ‘pot committed’ on winning a Japanese gaming license and will proceed with the process, even though the ultimate return could be disappointing,” said the analyst.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.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.“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.But it won’t be until 2021 when the federal government will entertain bids from various cities and their operator partners.live casino video poker club player casino 100 no deposit bonus codes 2019 |