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Bid for Casino Resort License in Japan Elevates Investments in Resorts

George Miller
May 29, 2019
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Bid for Casino Resort License in Japan Elevates Investments in ResortsReading Time: 1 minute

 

In Japan, three casino resort licenses are expected to be authorised in the coming months. Osaka and Yokohama are the two leading candidate cities applied for the license.

Morgan Stanley, the financial services firm, expressed concerns that the intense bidding will elevate each property’s total investment, and therefore, extend the time required for the companies to simply break even.

Officials from Yokohama city reported that their request for information (RFI) phase revealed several casino operators are ready to invest nearly $12 billion in a resort complex.

Yokohama is a preferred destination, as the large city is near the Tokyo capital. But Osaka is the frontrunner for MGM and Las Vegas Sands, the two casino operators considered the favourites for licensure by gaming industry analysts.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bid for Casino Resort License in Japan Elevates Investments in Resorts

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Whether through our daily "Zero Fluff" news, exclusive executive interviews, or in-depth market reports, our content provides the Expertise required to navigate today’s markets and the Evolution needed to lead tomorrow’s.

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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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Business & Advertising: [email protected]

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