2025.10.12
silver oak casino clabic”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.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.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.valley forge casino the vault“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.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.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.doubledown casino odds black lotus casino welcome bonuscliff castle casino job openingsNow, 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.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.chumba casino sister casino“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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecchukchansi casino in fresnot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.casino royale las vegas no deposit bonus casino zarj casanovamulling investments in the world’s third-largest economy.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecchukchansi casino in fresnot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.”Adelson didn’t get into specific numbers.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.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 Japane(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.brian christopher slots oklahoma liberty slots ndb 2021 |