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Singapore was a warm-up to this, Sheldon Adelson, whos also chief executive officer, said in Tokyo Tuesday. A potential resort in Japan will probably cost at least $6 billion, similar to Marina Bay Sands in Singapore, and could be as much as $10 billion, Adelson said in a speech at a CLSA Ltd. conference. The resort in Japan,which passed a bill to legalize casinos in December, would feature 10,000 slot machines, the 83-year-old gambling tycoon said, the most of the Las Vegas-based operators properties anywhere, and four times more than in Singapore. Sands, along with Wynn Resorts Ltd and MGM Resorts International, are among operators that expressed interest in building resorts in Japan. Opening two integrated resorts in major population centers could bring in $10 billion in revenue, with potential for $25 billion continue reading this.. if they spread across the country, according to CLSA. Sandss shares are down 2.6 percent in New York trading this year, compared with the 5.7 percent gain in the Standard and Poors 500 Index. The stock was little changed Tuesday at $52.04. New Growth Japan has a proven history of embracing wagering with consumers in the country already allowed to bet on boat, bicycle and horse races. Gamers also spent more than 23 trillion yen ($202 billion) on pachinko in 2015, compared with $25 billion in the horse-racing industry, according to the Japan Productivity Center.
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With that in mind, this program will prepare participants to take advantage of emerging opportunities, mitigate political and economic risk, and drive sustainable success." The program curriculum introduces a variety of frameworks for understanding international economic trends and assessing the business environment in specific countries. Participants will learn through case study analysis, small group discussions, and contributions from guest speakers. Topics of study include the dynamics of globalization, drivers of global business conditions, and the impact of national policies on economic performance and business strategy. "All managers make decisions in an environment that is shaped by international macroeconomic conditions, regardless of whether their organization operates globally," said Laura Alfaro, Warren Alpert Professor of Business Administration and faculty chair of Managing Opportunity and Risk in the Global Economy . "Executives who are mindful of global economic trends and use those insights to develop smarter strategies for their organizations are at a competitive advantage. Our goal is to provide executives with the skills and tools they need to respond to shifting global conditions." Managing Opportunity and Risk in the Global Economy is designed for senior strategic decision-makers in large, established multinational firms or in businesses expanding their global presence. The program is also suitable for executives in other functional roles, such as manufacturing, human resources, and legal services, as well as decision-makers in government agencies or non-governmental organizations. The curriculum is appropriate for executives from any country, industry, or functional background. As with other HBS Executive Education offerings, Managing Opportunity and Risk in the Global Economy will rely on research from leading HBS faculty, discussions with industry peers, and learnings from real-world case studies from countries shaping the global economy. Program Details: Managing Opportunity and Risk in the Global Economy will take place from April 912, 2017 on the Harvard Business School campus. Please visit https://www.exed.hbs.edu/programs/mge/ for complete curriculum and to apply.
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