2025.09.18
choctaw casino numberLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.With the Venetian operator out of the running, that could open the door fblack hawk casino coor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.blackjack online html5”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecblack hawk casino cot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.“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.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.free credit slot game 2021 free keno slot machinesseven feathers casino pet friendlyThat process is expected to last until the end of July 2021, threatening time lines to have gaming venues there opened by 2025 or 2026.mulling investments in the world’s third-largest economy.If they (LVS) are walking away from Japan, it probably means they can’t make the numbers work in terms of adequate returns,” said Stifel analyst Steven Wieczynski in a note obtained by Casino.online casino canada real money reviews“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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.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.free online poker odds calculator borgata hotel y casinohow to win jackpots on slot machines”Adelson didn’t get into specific numbers.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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.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.mulling investments in the world’s third-largest economy.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.harrah s cherokee casino payouts cashman casino mod apk |