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Suncity Launches New VIP Club at Macau’s Rio Hotel and Casino

Niji Narayan

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Suncity Launches New VIP Club at Macau’s Rio Hotel and Casino
Photo Source: agoda.com
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Macau junket firm Suncity Group has launched a new VIP Club at the Rio Hotel and Casino in Macau. It is Suncity’s 8th VIP Club in Macau. Rio Suncity VIP Club comprises a total of four VIP gaming rooms and 12 gaming tables.

The company made global headlines last week after Chinese media published an article accusing Suncity of signing up players who gambled in its Macau junket rooms to online gaming and proxy betting services. Both are banned under Macau and Chinese law.

In response, Suncity Group Chairman Alvin Chau Cheok Wa called a special press conference over the weekend at which he revealed Suncity would not conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions.

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Partouche Ends Partnership with Oshidori

Niji Narayan

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Partouche Ends Partnership with Oshidori
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French casino operator Groupe Partouche SA has confirmed that it has terminated a partnership with Oshidori International Holdings Ltd concerning the latter’s effort for involvement in a possible casino resort in Nagasaki prefecture, Japan.

No reason was given for the decision to terminate the agreement, nor any detail on the nature of the agreement.

Partouche, listed on Euronext in Paris, was founded in 1973, operates an aggregate of 42 casinos – most of them in France – and employs almost 4000 people.

Nagasaki governor Hodo Nakamura was cited as saying a potential delay in the RFP was linked to the fact that Japan’s national so-called basic policy on IRs was yet to be published.

A maximum of three IRs will be allowed nationally in the first phase of Japan’s market liberalisation.

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Bilibili Signs Strategic Partnership with Riot Games

Niji Narayan

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Bilibili Signs Strategic Partnership with Riot Games
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Chinese online entertainment platform Bilibili Inc. has entered into a three-year strategic partnership with League of Legends developer Riot Games.

The deal grants the platform an exclusive license for live broadcasting the League of Legend Esports global events (in Mandarin only), including the world-renowned League of Legend World Championship, Mid-Season Invitational and All-Star Event.

To mark the tenth anniversary of the League of Legend World Championship, Bilibili will join forces with Riot Games to host various online and offline esports events, bringing the world-renowned, global tournament to even broader audiences.

“We are excited to reach a strategic partnership with Riot Games. Throughout the past decade, we have witnessed esports becoming mainstream and one of the most popular sports among China’s young generations. As an internet company headquartered in Shanghai, we also look forward to helping the city strengthen its leading position in the global esports industry,” Carly Lee, Vice Chairwoman of the Board and COO of Bilibili, said.

“We continuously look to share our tournaments to a wider fan base across different platforms, and we have full confidence in Bilibili to elevate this superb tournament to the next level. Our partnership with Bilibili opens us to new audiences by their immersive live-broadcasting experience. Moving into the next decade of LoL Esports, this strategic partnership further unlocks our potential to bring fresh content and chapters to the world’s top professional players,” John Needham, Global Head of Esports at Riot Games, said.

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Wynn Resorts Ltd Closes its Yokohama Office

Niji Narayan

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Wynn Resorts Ltd Closes its Yokohama Office
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Wynn Resorts Ltd has closed its Yokohama office after Japan’s plans to award casino licenses were delayed, but remains interested in the project.

“The pandemic is having an unprecedented negative impact on integrated resort development, and resort companies such as Wynn are considering how we evolve our operations to align with a post-pandemic market. Long term, we remain interested in the Japan integrated resort market and will monitor the situation closely,” the company said in a statement.

Wynn has been pursuing a casino in Japan for years. The country had been considered one of the biggest prizes in the industry, given Japan’s population and wealth. Japanese legislators approved the country’s first Vegas-style casino developments, known as integrated resorts, but none have yet been built.

A decision to focus on the U.S. market prompted Caesars Entertainment Corp. to end its pursuit of a Japanese casino last year. Las Vegas Sands Corp. said in May that it was also pulling out of the race, citing high tax rates, unfavourable terms and the cost of building there, which many have put at $10 billion.

MGM Resorts International, the lone remaining bidder for a casino in Osaka, said last week that it will continue to pursue the project despite delays in the process that could last until next year.

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