2025.09.19
best slot machine huuuge casinomulling 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.”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.is cliff castle casino open“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.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.”Adelson didn’t get into specific numbers.turtle lake casino covid free slots las vegasoxford casino check out timeLVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.“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.org.chinook winds casino restaurants lincoln cityThat makes the undertaking the most expensive casino project on record.(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.That makes the undertaking the most expensive casino project on record.santa ana casino wedding venue sycuan casino phone numbera casino game nameAs 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.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.“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.“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.caesar casino in ohio aliante casino live entertainment |