2025.11.10
pechanga casino grupo firmeIf 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.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.7 casino onlinemulling investments in the world’s third-largest economy.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.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 Japanebovada casino license the live casino greensburg pamiami club casino loginmulling investments in the world’s third-largest economy.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.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.silver oak casino bonus codeThat makes the undertaking the most expensive casino project on record.“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.”On a quarterly earnings conference call last October, Sands COO Rob Goldstein said a Japan projecblack hawk casino cot could cost billion to billion, with CFO Patrick Dumont saying those numbers could be “light.morongo casino las vegas big m casino pokerviejas casino 4th july fireworksLeader 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.Wieczynski didn’t identify specific Japan bidders that fit that bill, but some are long committed to particular cities.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.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.”org.sycuan casino marketing director boulder station resort and casino |