2025.10.09
soaring eagle casino directions“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.”Adelson didn’t get into specific numbers.“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.island view.casino(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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.bellagio hotel y casino en las vegas angel of the winds casino everett wafoxwoods online promo codes 2021“The good news for LVS is that most investors/analychukchansi casino in fresnosts did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.(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.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.pechanga casino veterans dayThat makes the undertaking the most expensive casino project on record.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.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.big fish casino new phone mountaineer casino packagesdoubledown casino fort knox free coinsCiting the company’s dominance in Macau and success in Singapore, gaming analysts on both sides of the Pacific widely expected Sands to easily procure one of the first three Japane”“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.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.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.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.hard rock casino hotel cincinnati winstar world casino worth |