2025.11.03
paragon casino resort buffetCiting 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 JapaneNo 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.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.turtle creek casino opening datemulling 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.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.bicycle casino rake jackson rancheria casino campingslot handpaysLas Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.But it won’t be until 2021 when the federal government will entertain bids from various cities and their operator partners.”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.casino near casinoWieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.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.”quapaw casino table games casino on long islanddoes lucky creek casino pay real money“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.mulling investments in the world’s third-largest economy.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.“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.slot casino san diego roulette table limits |