nearest casino resortLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.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.”Adelson didn’t get into specific numbers.bellagio casino atlantic city“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an 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.bicycle casino games

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fanduel casino customer serviceLas Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.”Adelson didn’t get into specific numbers.org.casino virginia(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projeccliff castle casino slotst could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.cache creek casino employment

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9 casino road greystanesWieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.“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.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 Japaneorg.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.(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.poker casino kajot