mohegan sun casino in pa“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.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.free slot machines to play onlineLVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.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 JapaneBut the long-running estimate is that it will cost an operator a minimum of billion and perhaps as much as billion to build a single, high-end gaming property in Japan.scarlet pearl casino birthday promotions

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seminole casino jacksonville florida“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.But the long-running estimate is that it will cost an operator a minimum of billion and perhaps as much as billion to build a single, high-end gaming property in Japan.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.luckyland slots vs chumba casinoIf 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.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.”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.bellagio casino floor map

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big fish casino reset accountWieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.Las 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.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.“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.lucky creek casino sign up