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It’s been just two days since Genting Singapore and Melco Resorts & Entertainment (NASDAQ:MLCO) were revealed as the two operators advancing to Yokohama’s request for proposal (RFP) process. An investment bank is already saying the former has the inside track. Genting’s Resorts World in Singapore. A bank says the company is the likely winner in the Yokohama casino competblack lotus casino no deposit bonus codes june 2021ition. (Image: Seong Joon Cho/Bloomberg)In a note out yesterday, Maybank Investment Bank says Genting can beat out its rival. The goal is to partner with Japan’s second-largest city in its proposal to win one of the country’s first three gaming licenses.

That’s a more overt assessment than the one offered up by Nomura earlier this week, which said the Resorts World Sentosa operator has a 50 percent chance of emerging victorious in Yokohama. online slots real money washington state Maybank says the odds favor Genting because the gaming operator is partnering with local firms Sega Sammy Holdings and Kajima Corp. roulette casino dragon quest 11 on the integrated resort bid. poker casino games Kajima was the main contractor for the aforementioned Singapore property. wild casino review 2020 There’s another potential benefit in that partnership. Ruby Slots App Egsd Switzerland Genting runs one of Singapore’s two gaming venues, while Sega Sammy has a minority interest in a South Korean integrated resorts.

Japanese regulators have long said they want to work with gaming companies with established footprints in the Asia-Pacific region. win real money online casinos Melco is working with Japan-based Taisei Corporation, and Lawrence Ho’s outfit is one of the largest casino operators in the region, with properties in Macau and the Philippines, among other locations. Not Surprising Call on Genting by MaybankMaybank saying Genting is going to win the Yokohama competition isn’t surprising, simply because the bank already said the operator was the leading contender in the city. casino near me new orleans Those remarks were made about two weeks ago. Harrah S Cherokee Casino Sports Betting Qald In our view, Gentblack lotus casino no deposit bonus codes june 2021ing Singapore scores better in promoting tourism, management and financial ability and responsible gambling initiatives relative to Melco,” said Maybank analysts in the new note. twin river casino hotel ri In a report out last month, the bank said that if 2028 is the first full year of operation for the Yokohama integrated resort, it will generate .

5 billion in gross gaming revenue and . 9 billion in non-gaming sales. That forecast is operator agnostic, but the research firm says that if Genting merely owns 50 percent of the Yokohama project, earnings would be boosted by . 36 billion. Seneca Niagara Casino Events Qwpg Melco Still Viable ContenderMaybank’s outlook on Genting in Yokohama is obviously bullish, and the operator clearly checks a lot of boxes for the city that are also likely to be appealing to federal regulators. u spin free slots However, that doesn’t mean Melco is simply going