2025.11.08
no deposit bonus casino adrenaline“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.”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.resorts casino employment(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.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.That makes the undertaking the most expensive casino project on record.captain jack casino 100 no deposit bonus codes north lake tahoe casinosfree online poker bot”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projeconline casino 60 freispiele ohne einzahlungt could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.hallmark casino downloadmulling investments in the world’s third-largest economy.“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.mulling investments in the world’s third-largest economy.cashman casino vegas slot machines 2m free free slots las vegasmgm grand casino foodIn 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.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.Citing 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 JapaneBut 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.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.“The good news for LVS is that most investors/analyonline casino 60 freispiele ohne einzahlungsts did not have any contribution from Japan embedded in out-year estimates or valuation framework at this time,” said Wieczynski.mgm grand casino rules miami club casino app |