2025.10.09
blackjack online legalLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.”Adelson didn’t get into specific numbers.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.intertops red casino mobile lobby“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.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.palace station hotel and casino phone number mohegan sun wilkes barre casinointertops casino appmulling 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.Leader 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.boomtown casino locationsThat process is expected to last until the end of July 2021, threatening time lines to have gaming venues there opened by 2025 or 2026.Leader 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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecraging bull casino onlinet could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.red stag casino login australia river spirit casino foodadmiral casino jackpotsCiting 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 JapaneIn 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.That process is expected to last until the end of July 2021, threatening time lines to have gaming venues there opened by 2025 or 2026.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.casino 08087 blackjack casino nederland |