2025.09.11
7 spins casino no deposit bonusNo 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.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 JapaneIn 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.roulette en ligne casino 777Leader 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.mulling investments in the world’s third-largest economy.”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.river spirit casino poker paragon casino movieshard rock casino upcoming concertsorg.“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.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.free online poker five card drawLas Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.“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: 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.seneca niagara casino open golden nugget casino kalispell mtwhen is mountaineer casino going to reopenBut 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.”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.“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.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 JapaneLVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.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.directions to little river casino in manistee michigan casino near me open now |