2025.11.07
ellis island hotel and casino vegasLas 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.“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.suzie kelly big fish casino“We congratulate the opposition to this question and thereby concede defeat.Small had run-ins with the law, too.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.kansas star casino hotel casino slot glitch gta 5black bear casino menuBut 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.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.Small had run-ins with the law, too.free slot games 77777If they (LVS) are walking away from Japan, it probably means they can’t make the numbers work in termswhat is the luckiest number in roulette of adequate returns,” said Stifel analyst Steven Wieczynski in a note obtained by Casino.The Atlantic City Democratic Committee wants a new face in the role of mayor.”Adelson didn’t get into specific numbers.free online poker illinois tachi palace casino slotsjackson rancheria casino lobster buffetWieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particulawhat is the luckiest number in rouletter cities.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.(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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particulawhat is the luckiest number in rouletter cities.The Atlantic City Democratic Committee wants a new face in the role of mayor.“Pot committed” is a poker term referring to the point at which a player has invested so much in a hand that he or she is all but forced to see it through to the end rather than folding.nearest casino near kokomo indiana boomtown casino dinner buffet |