Japan casino resort may come with a $10B price tag, says Sheldon Adelson

Getting a slice of Japan casino industry may come with a hefty price tag.

This was according to no less than Las Vegas Sands Corp. chairman and chief executive officer Sheldon Adelson who said that a resort hosting casinos in Japan could cost up to US$10 billion to build.

Reuters reported that constructing a casino resort in Japan is more expensive that in Singapore, where the casino mogul only shelled about US$6 billion to construct the Marina Bay Sands casino.

“It would be at least what we paid in Singapore, US$6 billion including the land, but it could be as much as US$10 billion,” Mr Adelson said in a forum organized by CLSA Ltd. brokerage in Japan.