2025.11.08
688 free slots”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projeconline casino 60 freispiele ohne einzahlungt could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.downstream casino bingo””(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.is winstar world casino open hard rock casino in biloxi mibibippiwild horse pab casino layout“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.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.chinook winds casino tribe“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.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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projeconline casino 60 freispiele ohne einzahlungt could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.admiral casino and lodge casino near me livingston txdownstream casino 4th july celebration“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.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.That process is expected to last until the end of July 2021, threatening time lines to have gaming venues there opened by 2025 or 2026.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 JapaneWieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.scarlet pearl casino resort email addreb peppermill casino.com |