2025.11.09
wild casino how to use bonusLas Vegas Sands (NYSE:LVS) rocked the gaming industry Tuesday night, announcing its decision to withdraw from the bidding process to land a Japanese gaming license.“We wish the elected officials well in their struggles ahead.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.choctaw casino grant“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.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.nearest station casino borgata casino nj reopeningis sam s town casino open todaylast October after Gilliam pleaded guilty to stealing ,000 from a youth basketball program he founded.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.last October after Gilliam pleaded guilty to stealing ,000 from a youth basketball program he founded.raging bull casino vip”Adelson didn’t get into specific numbers.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particulaseminole casino hollywoodr cities.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.online slots real money michigan seminole casino promotionsfree slots zeus 3If they (LVS) are walking away from Japan, it probably means they can’t make the numbers work in termsseminole casino hollywood of adequate returns,” said Stifel analyst Steven Wieczynski in a note obtained by Casino.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.At least one analyst thinks that’s a bad sign for other operators mulling investments in the world’s third-largest economy.The Atlantic City Democratic Committee wants a new face in the role of mayor.(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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.viejas casino free concerts online casino free bonus no deposit required malaysia 2020 |