2025.10.31
chinook winds casino bingo scheduleLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.mulling investments in the world’s third-largest economy.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 Japanejamul casino tony gwynn buffetmulling investments in the world’s third-largest economy.”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.choctaw casino carrie underwood desert diamond casino crapscasino admiral 1020 wien(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.No 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.admiral casino gooleThat makes the undertaking the most expensive casino project on record.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.“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.casino 999 bellagio casino foodgold coast casino restaurant menu”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.org.But 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.That makes the undertaking the most expensive casino project on record.“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.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 slots lucky tree slotocash casino no deposit bonus codes october 2021 |