Las Vegas Sands drops plan for Japan casino resort, Companies &

Wednesday 13th May 2020

TOKYO * Las Vegas Sands, the world's largest casino company, is dropping its pursuit of a licence in Japan, ending a multi-decade quest for what was one of the biggest prizes in the global gambling business.

The company founded by billionaire Sheldon Adelson has been trying to expand in Japan since at least 2005, but its management objected to some terms of the country's casino legislation, according to people familiar with the matter.

Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work Exclusive stories and features on multiple devicesIn-depth analyses and opinion piecesePaper and award-winning multimedia content Subscribe Now