Las Vegas Sands drops plan for Japan casino resort

The Parisian Macao, a luxury hotel in the Cotai area of Macau which is owned by Las Vegas Sands. It has a half-scale Eiffel Tower as one of its landmarks.
The Parisian Macao, a luxury hotel in the Cotai area of Macau which is owned by Las Vegas Sands. It has a half-scale Eiffel Tower as one of its landmarks. ST PHOTO: LIM YAOHUI
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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.

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A version of this article appeared in the print edition of The Straits Times on May 14, 2020, with the headline Las Vegas Sands drops plan for Japan casino resort. Subscribe