2025.10.10
golden nugget casino lake charlesLeader 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.That makes the undertaking the most expensive casino project on record.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.no deposit free chip usa casinos”Adelson didn’t get into specific numbers.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.(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.gold coast casino owner free slot machines konamiadmiral casino netNo 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.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/analycliff castle casino slotssts did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.tachi palace casino events“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.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.betrivers casino review cache creek casino kid friendlyfree wonder 4 slotsAs 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.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.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.mulling investments in the world’s third-largest economy.mulling investments in the world’s third-largest economy.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.peppermill casino buffet wendover mgm casino yonkers |