Las Vegas

Yokohama unfazed by Las Vegas Sands withdrawal, blames COVID-19 pandemic

Yokohama mayor Fumiko Hayashi has stated her belief that the global COVID-19 pandemic was behind the decision by Las Vegas Sands to withdraw from Japan’s IR race, stating at a press conference on Wednesday, “I am not particularly surprised.” While LVS Chairman and CEO Sheldon Adelson suggested in the company’s shock announcement on Wednesday that restrictive regulatory requirements were the primary ...

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Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

Las Vegas Sands is highly unlikely to reenter the race for a Japanese IR license unless there is a dramatic shift in the regulatory and locality landscape, according to brokerage Sanford C Bernstein. The global casino giant, which until this week had been considered the favorite to develop an integrated resort in Yokohama, announced its shock withdrawal from Japan on ...

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