2025.09.16
club player casino withdrawal“The good news for LVS is that most investors/analyraging bull casino onlinests did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.mulling investments in the world’s third-largest economy.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.casino near me hard rockmulling investments in the world’s third-largest economy.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.brian christopher slots tonight peppermill casino openmorongo casino traffic updateIf 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.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.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.online foxwoods login(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 particular cities.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.valley forge casino cocktail waitreb free online slots casino gameschumba casino sweepsNow, 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.With the Venetian operator out of the running, that could open the door fraging bull casino onlineor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.“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.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.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.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.harrah s cherokee casino expansion admiral casino jelah |