2025.12.17
choctaw casino water parkCasino operator Melco Resorts announced today that it is vacating efforts to win licensure in Osaka, Japan, and is instead committing its energies to building an integrated resort (IR) in Yokohama.kei Asian Review)Operators’ ability to obtain capital is important regardless of the market in which those companies are planning gaming properties, but could prove crucial in Japan, where Fitch forecasts costs to build integrated resorts could soar above prior estimates.That billion projection is higher than some other estimates, and would keep Japan in the third spot among global gaming markets, trailing only Macau and Nevada.pechanga casino palm springsMelco Resorts CEO Lawrence Ho believes the odds are in his favor when it comes to Yokohama.”Japanese regulators have previously said they’d like to follow a “Singapore model,” prompting some to speculate Genting Singapore Ltd.Bidders Lining UpThe world’s largest casino entities have been waiting not-so-patiently for Japan to finaliznearest casino to eureka springs seminole casino las vegasisland view casino benefits(Image: Asia Gaming Brief)Melco – one of six licensed casino operators in Macau – is thought to be on the shortlist of candidates to win one of the three forthcoming casino licenses in Japan.Good News, Bad News“Other renewal/political issues include a re-approval procedure imposed by t2 player blackjack onlinehe federal government every 10 years, and the local government’s option to close operations if they are deemed not in the locality’s best interest,” according to Fitch.”An every 10 years renewal process doesn’t jibe with what operators encounter in other Asian markets.lake tahoe casinos hoursIn better news for operators eyeing Japan, Fitch analysts see significantly higher gross gaming revenue (GGR) opportunities following their recent visit.Analysts from the research firm said they interviewed local sources and that there will be “workarounds” for these concerns, including local governments indemnifying against a closure that is not the fault of a gaming company.That’s well above the billion to billion Wynn Resorts recently said it would spend to build the world’s largest casino in Japan.john drake greektown casino black hawk casino shawnee ok promotionswinstar world casino foodLed by founder Lawrence Ho, the billionaire says the country’s second-largest city by population is now its preferred destination.Pretty much everyone we talked to agreed that the 10-year license renewal presents the biggest obstacle to securing bank financing,” said Fitch in a note published yesterday.That billion projection is higher than some other estimates, and would keep Japan in the third spot among global gaming markets, trailing only Macau and Nevada.“‘Yokohama First’ means that the incredible team of experts and talents we have assembled will focus on bringing to Yokohama the best IR the world has ever seen,” Ho said.In better news for operators eyeing Japan, Fitch analysts see significantly higher gross gaming revenue (GGR) opportunities following their recent visit.In better news for operators eyeing Japan, Fitch analysts see significantly higher gross gaming revenue (GGR) opportunities following their recent visit.free slot games to play on my phone nearest casino with slot machines |