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four winds casino las vegasLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.“The good news for LVS is that most investors/analyblack hawk casino costs did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.table games las vegas casinos“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.mulling investments in the world’s third-largest economy.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.raging bull casino junk mail chukchansi casino arcadegold coast casino restaurants(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.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.“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.slotocash deposit bonus codes“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.But it won’t be until 2021 when the federal government will entertain bids from various cities and their operator partners.wynn las vegas hotels.com bovada casino australiamountaineer casino weather“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.“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.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.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.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.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.which is the best online gambling site hard rock casino hollywood restaurants |