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Travel & Leisure

Japan's casino plans remain dicey after Las Vegas Sands pullout

US operator's reticence shows licence rules are a gamble for investors, analysts say

Las Vegas Sands ended its plans to open an integrated resort (IR) casino in Japan. (Source photos by Kyodo/Reuters)

TOKYO -- Japan's legalization of casinos two years ago was supposed to usher in a golden age of gaming tourism with top names from the industry. But the sudden decision by Las Vegas Sands to take its chips off the table has cast doubt on projects that were already on shaky ground after a bribery scandal.

Analysts believe LVS's decision to pull out will make other interested casino groups much more conservative with their plans.

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