Seeking Alpha

Las Vegas Sands to get aggressive in Japan

  • Las Vegas Sands (LVS) will spend "whatever it takes" to get a casino project up and running in Japan, according to CEO Sheldon Adelson.
  • The company is vying with heavyweights such as Genting and Melco Crown to win one of the first casino licenses granted in the nation.
  • Support of casino legislation aim to have the first resorts ready in time for the 2020 Summer Olympics in Tokyo.
Comments (2)
  • jdl51
    , contributor
    Comments (230) | Send Message
    Makes a lot more sense than EuroVegas. Asians love to gamble and the Japanese are no exception.
    24 Feb, 09:49 AM Reply Like
  • jensan96
    , contributor
    Comments (66) | Send Message
    The greater news is that sands china is owning 25.8 % of the GGR. The volume for Macau GGR for 2014 is projected at 52 billion. Sands China share of casino revenue would be approx 13.2 billion instead of 2013 of 8.8 billion.
    An increase to the total almost equal to what the 2013 total revenues for the umbrella company Lvs of 13.77 billion , with a higher Net profit.
    24 Feb, 12:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: