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Yokohama Casino Resort Submission Period Ends, Genting Frontrunner

Yokohama has concluded its request-for-proposal submission period for its potential integrated casino resort development. ....

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GGRAsia – Genting says Singapore experience of value to Yokohama

The management of Genting Singapore Ltd, operator of the Resorts World Sentosa casino resort, said it has made corporate decisions based on its expectation of a “successful bid” for a Japan integrated resort (IR), as these complexes are known in that country.
Such expectation was “based on the group’s commendable track record in developing and successfully operating Resorts World Sentosa in Singapore,” stated Tan Hee Teck, the firm’s president and chief operating officer. His comments were made during the company’s annual general meeting, according to a presentation deck published this week.
Genting Singapore is a contender for a Japan casino licence, being one of the qualified bidders in the race to be Yokohama’s partner on a casino complex. ....

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GGRAsia – GEN Singapore edge on Melco in Yokohama: Maybank

GGRAsia – GEN Singapore edge on Melco in Yokohama: Maybank
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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GGRAsia – Genting Singapore, Melco qualify for Yokohama RFP: report

GGRAsia – Genting Singapore, Melco qualify for Yokohama RFP: report
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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GGRAsia – Sega Sammy says minority stake in Japan IR more viable

Japanese entertainment conglomerate Sega Sammy Holdings Inc says it is taking a cautious approach regarding any involvement in a domestic casino resort complex, or integrated resort (IR) as they are known in that country. The company’s management confirmed in a question-and-answer session that it intends to be a minority investor in such a project, with the aim of linking with an operator, as majority investor.
“There is a strong possibility that we will be able to secure adequate profitability when we participate as a minority” shareholder in a Japan IR project, said the company’s management. The commentary, disclosed on Friday, was included in Sega Sammy’s results announcement for the year ended March 31. ....

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