el dorado casino reno history”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.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.“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.motel 6 near thunder valley casinoBut the long-running estimate is that it will cost an operator a minimum of billion and perhaps as much as billion to build a single, high-end gaming property in Japan.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 JapaneIf 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.jamul casino news

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lake tahoe casino strip“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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.org.casino usa”“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.free slot machines in las vegas

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chinook winds casino poker tournament schedule“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.“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.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.”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.(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.peppermill casino salt lake city