2025.11.05
intertops casino tournament“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.“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.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.slot crazy casinoLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.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.”Adelson didn’t get into specific numbers.eldorado casino jobs reno nv thunder valley casino menusoaring eagle casino resort concertsThat process is expected to last until the end of July 2021, threatening time lines to have gaming venues there opened by 2025 or 2026.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.In a stunning move, Las Vegas Sands (LVS) announced late Tuesday that it’s withdrawing from consideration to open an integrated resort (IR) in Japan, with Chairman and CEO Sheldon Adelson lobbing criticism at the structure of the country’s efforts to become a gaming destination.free casino slot machine apps“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.With the Venetian operator out of the running, that could open the door fchukchansi casino in fresnoor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.best slot free spins bovada casino sign up bonusvideo poker casinos near meWhile 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.That makes the undertaking the most expensive casino project on record.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.Leader Out of the RaceNews of Sands’ departure from the Japan IR competition is all the more surprising when considering the company’s status as one of the frontrunners.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.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.aliante casino job openings free casino slot machine |