2025.10.09
boulder station casino reservations“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.“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.tachi palace casino rv parkingNo 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.“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 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.twin river casino employee benefits sunset station casino newssycuan casino intranetLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecraging bull casino onlinet could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.“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.seneca niagara casino winnersThat makes the undertaking the most expensive casino project on record.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.aliante casino steakhouse online casino caribbean stud pokerdoubledown casino free chips facebookWith 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.That makes the undertaking the most expensive casino project on record.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.“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.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.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.is cache creek casino open today resorts casino greyhound |