In Japan, a Key District Moves Forward With IR Development Published January 13, 2021 by Lee R
Neighbouring a theme park with hotels, Sasebo looks like it will be the site of Japan s first IR.
Headway is being made in attracting IR bids in Japan s key IR district.
Nagasaki s Bids
The Nagasaki Prefectural Government has reportedly attracting seven operator bids for the Integrated Resort site that has been made available at Sasebo city s Huis Ten Bosch theme park.
The Nagasaki Shinbun has confirmed four bidders with three more rumored to be joining the bidding.
The Candidates
The four confirmed bidders are Casinos Austria; Oshidori International; Pixel Companyz; and a consortium comprised of Current Corporation; Get Nice Holdings; and Sofitel Ponte 16.
The Yokohama City Council has rejected a resident-led campaign to ask voters whether they want to authorize an integrated resort (IR) casino in Japan’s second-largest city.
The Yokohama City Council has tossed aside a referendum effort that would have gauged public support for a casino. The Japanese city is seeking the right to build an integrated resort. (Image: Getty)
The “Yokohama Citizens’ Group to Decide on a Casino” successfully obtained far more than the 62,500 resident signatures required to propose a ballot referendum question to the City Council. In fact, the city certified more than 200,000 signatures.
The group believes commercial gambling is largely opposed by Yokohama people. The referendum effort was designed to persuade lawmakers to consider public opposition of a casino resort.
Why Mohegan Gaming chose to invest in Greece
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“Inspire Athens”, the casino project in Hellinikon is expected to increase international tourism to Attica by 10%.
Addressing the ’22nd Annual Capital Link Forum – Invest in Greece’ last week, Mario Kontomerkos, CEO of Mohegan Gaming & Entertainment, expressed his belief in the viability of the project in Greece. “It has the privilege of a temperate climate all year round, it is located in a place with amazing views, sunny, by the sea and with a nice atmosphere. The capital is home to 4 million people, while 19 countries are within 2 hours by plane.
“You have a unique culture and history, and a unique culture in gastronomy and entertainment, which already attracts 30 million visitors a year to the country. There is also infrastructure and transportation systems that can serve large numbers of travellers. In addition, you have a cultured, serious and dedicated workforce with experience in managing foreign vis
The need for economic solutions have brought about a relent on key policy in the Philippines.
News out of Manila indicates that Philippine high rollers will soon be allowed to place bets from home.
Seeking Solutions
The about-face in policy comes after the regional gaming regulator agreed to allow integrated resort IR casinos to offer iGaming in response to the ubiquitous heavy economic toll of Covid on the industry and the overall economy.
Sagging Market Performance
Gaming regulator data for the Philippines market indicates that Gross Gaming Revenues in the gaming sector fell 60% to 73 billion pesos ($1.5 billion) in January to September year-on-year.