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Yokohama Integrated Resort Plans from Genting, Melco Released

Yokohama officials have unveiled the city’s two qualifying integrated resort (IR) bids from Genting Group and Melco Resorts. Yokohama has two integrated resort casino proposals to pick from. The pitch from Genting Group is seen on the left, and the Melco Resorts scheme is on the right. (Image: Inside Asian Gaming/ Casino.org) Now through August 7, an exhibit at the Yokohama City Hall displays models of the two large-scale casino design pitches. Each would be expected to cost several billion dollars, but only one will be selected by the city and its Kanagawa Prefecture.   Yokohama is one of four cities in Japan vying for an IR license from the central government. Three commercial casino concessions have been authorized in Tokyo by Japan’s National Diet.

Celularity Inc completed the acquisition of GX Acquisition Corp in a reverse merger transaction

Celularity Inc completed the acquisition of GX Acquisition Corp in a reverse merger transaction
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How Singapore s Zouk Group is Taking Over the Las Vegas Party Scene

Six years ago, Singapore partygoers responded with a mix of emotions when news broke that Genting Hong Kong a subsidiary of Malaysian conglomerate Genting Group had acquired the country’s most iconic nightclub, Zouk, for an undisclosed amount. Many longtime Zouk fans were sceptical of whether it was the right move for the club, which has become an institution for several generations of Singaporeans since it opened in 1991. While Zouk’s future seemed uncertain to clubbers, it was never clearer to the Genting team. For Lim Keong Hui, the son of Genting Group chairman Lim Kok Thay, and Zouk’s then-newly minted CEO Andrew Li, the future was in expansion, both in terms of the lifestyle concepts that Zouk could offer as well as its presence worldwide.

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