casino pier water parkLas 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.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.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.viejas casino drifting”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.“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.”The Democratic and Republican primaries will be held July 7, delayed by the coronavirus from the originally scheduled first Monday in June.casino table games terminology

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draftkings casino mapLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.”Adelson didn’t get into specific numbers.If 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.video poker casino guideThat makes the undertaking the most expensive casino project on record.The general election will be held on November 3.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.draftkings casino login

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