island view casino new membersNo 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.Las 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.At least one analyst thinks that’s a bad sign for other operators mulling investments in the world’s third-largest economy.harrah s casino maricopa“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.Las 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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particulabellagio casino floorr cities.blackjack online virtual

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free online draw poker no download“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.“We congratulate the opposition to this question and thereby concede defeat.The people have rejected change and we accept without qualification their decision.casino poker 99“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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan project could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.“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.rey8 casino no deposit bonus

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firekeepers casino dreb codeBut 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.”Adelson didn’t get into specific numbers.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.(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.“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.org.waco casino 7 slot machine