Potential To Do Great Things
To its credit, the Las Vegas, Nevada-based gaming operator has a successful track record in Asia and also has the financial war-chest to invest in Japan, which might be the next big market for casinos.
"If given the opportunity, Las Vegas Sands is prepared to make an unmatched investment in Japan. And we have the track record of success in Asia and financial capability to do exactly that,” the company told Benzinga.
"A Las Vegas Sands integrated resort in Japan would embrace and emphasize the important customs and cultural history of the nation, while being so unique and remarkable in its design and offerings that it would attract leisure and business tourists from around the world and change the future of the tourism industry in the country," the company added.
Sector Enthusiasm
Meanwhile, other gaming companies — including Wynn Resorts, Limited WYNN, MGM Resorts International MGM and Caesars Entertainment Corp CZR — are also mulling Japanese investment.
At last check, shares of Las Vegas Sands rose 1.05 percent to $58.46. Wynn Resorts were down 0.81 percent to $92.74, MGM Resorts gained 0.10 percent to $29.82 and Caesars fell 1.21 percent to $8.15.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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