2025.10.12
boomtown casino reno buffetLas Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.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.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.mohegan sun casino fanduelThat makes the undertaking the most expensive casino project on record.(Image: NBC News)The Land of the Rising Sun is set to unveil its basic policy guidelines on casino gaming in July.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.download big fish casino draftkings casino virginiadoubledown chips codes”Potentially Frightening SituationAs of now, no other companies are saying they’re out of the Japan running.While my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an Integrated Resort, the framework around the development of an IR has made our goals there unreachable,” said Adelson in a statement.“We believe LVS will now look at other international gaming markets which might present better return opportunities down the road.scarlet pearl casino resort phone numberWith 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.Las Vegas Sands CEO Sheldon Adelson, seen here in 2012, says his company is pulling out of the Japan gaming process.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.7 gods casino no deposit bonus slotocash casino lobbyfree slots 100 lionsAs 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.“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.Las Vegas Sands, the dominant Macau operator, is pulling out of Japan and that’s a bad sign for rivals, says an analyst.LVS was focusing its Japan efforts on Yokohama, the country’s second-largest city.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 Japanefree 5 card poker online silver oak casino bonus code |