2025.09.12
foxwoods resort casino connecticut usaIn 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.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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.island view casino near me“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.With the Venetian operator out of the running, that could open the door fblack hawk casino coor other big-name gaming companies, including Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment, and Wynn Resorts.org.borgata casino instagram 5 blackjack casinomr cashman casino las vegasmulling investments in the world’s third-largest economy.“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.”choctaw casino games“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.“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.online casino apk download seven feathers casino tattoo expohow to glitch the slot machines in gtaIf 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.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.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.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.“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.”Adelson didn’t get into specific numbers.how big is foxwoods casino royal ace casino reviews 2020 |