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Las Vegas Sands Ready To Invest $10 Billion In Japan Casino

Casino M8trix halting lawsuit against San Jose after top-floor gambling moves ahead

The company would also consider working with a local partner that could make more than a financial contribution, he said, without elaborating or naming any companies. While betting on horse, boat and bicycle races is allowed in the worlds third-largest economy, casinos are currently banned. Its potential as a gambling market has drawn the interest of Sands, MGM Resorts International (MGM) and Wynn Resorts Ltd. After a decade of discussions by politicians, Tokyos selection to host the 2020 Olympic Games has boosted confidence that a law legalizing casinos will be passed.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2014-02-24/las-vegas-sands-ready-to-invest-10-billion-in-japan-casino.html

U.S. Casino Executives Step Up Sales Pitches in Japan

Wynn Resorts Ltd. Chief Financial Officer Matt Maddox was among the U.S. visitors at a Tokyo conference this week where participants vied to convey their enthusiasm for building a luxury casino and resort in the world's third-largest economy. "We are committed to pursue this opportunity," said Mr.
For the original version including any supplementary images or video, visit http://online.wsj.com/article/BT-CO-20140225-705842.html

I'm sure there is. But it really is incumbent on the card room to craft a proposal to address the initial concerns that were pointed out." M8trix and Bay 101 are each limited to 49 tables, and voters in 2012 rejected a proposed expansion. M8trix wants to redistribute its tables between two floors -- the first, where they are now, and the eighth. The second through fourth floors currently house gaming operations and offices, the fifth and sixth have banquet space and the seventh features karaoke. Kali-rai said the casino still reaches its capacity of 2,400 on weekends. But its main competition is for "entertainment dollars," and the casino sees high-rise gambling as a difference maker, particularly as Bay 101 plans to open a new, bigger casino across the street in a few years.
For the original version including any supplementary images or video, visit http://www.mercurynews.com/crime-courts/ci_25218845/casino-m8trix-halting-lawsuit-against-san-jose-after

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