Japan No Longer Includes Las Vegas Casino Companies’ Undivided Attention, as Brazil Emerges as Target
ï»¿Japan No Longer Includes Las Vegas Casino Companies’ Undivided Attention, as Brazil Emerges as Target
The major vegas casino companies have been concentrated on Japan’s forthcoming gambling market for months, but the country that is asian longer has their complete attention.
The pool in Rio where Michael Phelps won his record gold that is 23rd now sits in disrepair. Billions with debt, Brazil is looking to legalize gambling to help offset its losses, and Las Vegas casinos are chomping at the bit.
Nearly 11,000 miles away in South usa, Brazil’s steps to legalize gambling enterprises has quickly attracted the eyes and ears of most world’s leading gaming and hospitality conglomerates.
Las Las Vegas Sands and Caesars Entertainment both recently confirmed they are actively evaluating Brazil for possible expansion.
Owned by billionaire Sheldon Adelson, Sands has a good amount of experience casinos that are operating for the United States. The world’s casino company that is richest has numerous properties in Macau, China’s special gaming enclave, as well as the $8 billion Marina Bay Sands in Singapore.
Almost out of bankruptcy, Caesars can be focused on growing its brand internationally. That is a change that is big the corporation which has mostly focused on domestic properties throughout its history.
‘You’re looking at exactly what could be significant markets,’ Caesars Executive Vice President of Public Policy Jan Jones Blackhurst told the Las Vegas Review-Journal.