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Las Vegas: Should Las Vegas Sands Rethink its $10 Billion Bet?
Should Las Vegas Sands Rethink its $10 Billion Bet? Last year, Las Vegas Sands (NYSE:LVS) CEO Sheldon Adelson declared that his company's planned casino resort for Japan, which recently legalized casinos, could cost up to $10 billion. That big bet would dwarf Sands' $6 billion investment in Singapore, but it could pay off quickly. Brokerage CLSA estimates that just two integrated resorts in two Japanese cities could generate $10 billion in annual revenues, and eventually reach $25 bil
Mar 28, 2018, 2:31 am - eddessaknight - Gaming Forum