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Tag Archives: Yokohama

Japan – Genting and Melco express disappointment over Yokohama u-turn

Melco Resorts and Genting Singapore, who were competing for a licence to build an Integrated Resort casino in the Japanese city of Yokohama have said they have been left disappointed by the new Mayor’s decision to pull the plug on the region’s bid for a casino. Melco Resorts has said whilst it is now closing…

Japan – Yokohama pulls out of Japan’s casino race

Yokohama’s new mayor Takeharu Yamanaka has pulled the plug on the city’s attempts to become one of three Japanese cities to host an Integrated Resort casino in a devastating blow to Genting Singapore and its partner Sega Sammy. Genting Singapore had already confirmed it would partner with five reputable Japanese corporates including Sega Sammy Holdings,…

Japan – Genting Singapore names Sega Sammy as one of five partners for Yokohama

Genting Singapore has confirmed it will partner with five reputable Japanese corporates including Sega Sammy Holdings, Sohgo Security Services Co., Ltd. (ALSOK), Kajima Corporation, Takenaka Corporation and Obayashi Corporation as it looks to land a casino licence in Yokohama City. Sega Sammy has of course already got integrated resort experience through its 45 per cent…

Japan – Genting Singapore and Melco make it through to Yokohama final

Genting Singapore and Melco Resorts & Entertainment have made it through to the final round of the qualification screening process for Yokohama’s Request for Proposal (RFP) to build an Integrated Resort casino at Yamashita Pier. With Galaxy, SBM, Wynn and Las Vegas Sands all pulling out of the race over the last year, it meant…

Japan – Yokohama casino would take 60 per cent of Japan’s GGR

An analyst at Maybank Research believes a Yokohama casino would clear up in Japan, generating US$7bn in GGR and taking a 60 per cent share of the Japanese casino market, highlighting its strength in the locals market as a key factor Analyst Samuel Yin Shao Yang believes locals will account for 80 per cent of…

Japan – Galaxy and SBM pull out of race for Yokohama’s preffered casino partner

Galaxy Entertainment and Société des Bains de Mer have pulled out of the race to be Yokohama’s preferred casino partner for one of Japan’s three initial casino licences, although Galaxy has said it remains interested in other opportunities in Japan. Their withdrawal leaves three remaining candidates; Melco Resorts and Entertainment, Genting Singapore and Sega Sammy…

Japan – Anti-casino group files lawsuit against Yokohama Mayor over casino proposal

The Kanagawa Citizen Ombudsman has filed a lawsuit against Yokohama Mayor Fumiko Hayashi, claiming that the policy of trying to develop an Integrated Resort casino at the Yamashita Pier site goes against the legal duty of local governments to support public welfare. “Without effective regulations to prevent gambling addiction, the local government nevertheless promotes the…

Japan – Yokohama delays IR Implementation Policy for two months

Due to the focus on preventing the spread of COVID-19, the Japanese city of Yokohama city is delaying its Implementation Policy for two months to August 2020. The policy will outline the size of the IR, its concept and its security measures. Yokohama Mayor Fumiko Hayashi said: “As a city, I would like to make…

Japan – Sega Sammy reveals first concept designs for Yokohama waterfront casino

Japan-based Sega Sammy Holdings has released an artistic impression of the integrated resort it wants to build on the Yokohama waterfront along with two new local partners. The group has already announced a Strategic Business Alliance with UK architecture Foster + Partners. Adding to this deal Sega Sammy has now announced two more partnerships, one…