The main vegas casino companies have been focused on Japan’s forthcoming gambling market for months, but the Asian country no 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 during https://freecleopatraslots.org/ the bit.
Almost 11,000 miles away in South usa, Brazil’s steps to legalize casinos has quickly attracted the eyes and ears of most world’s leading gaming and hospitality conglomerates.
Las Vegas Sands and Caesars Entertainment both recently confirmed that they are actively evaluating Brazil for possible expansion.
Owned by billionaire Sheldon Adelson, Sands has a lot of experience operating casinos outside of this united states of america. The entire 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.
Nearly away from bankruptcy, Caesars is also dedicated to growing its brand internationally. That is a big change for the corporation that 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.
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