2025.11.02
caesar casino hotel atlantic 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.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.santa ana casino bernalillo nmLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.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.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.gala casino free slot games admiral casino bharrah s casino rewardsCiting 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 Japane(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.mulling investments in the world’s third-largest economy.bicycle casino menu”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecchukchansi casino in fresnot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.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.chukchansi casino to bab lake encore casino chipscasino extreme no rules bonusIn 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.(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.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.“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.“The good news for LVS is that most investors/analychukchansi casino in fresnosts did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.free slot games penny is chumba casino real money |