Asia

Suncity to Spend Up to HK$35 Billion for IR in Japan

Published

5 years ago

October 30, 2019

Niji Narayan

Suncity Group Announces Delay to Launch of Hoiana Casino Resort

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Suncity Group has revealed its budget plan for a casino in Japan. The operator said that it would be spending anything between HK$30 billion and HK$35 billion for the prospective Wakayama integrated resort it hopes to build.

“Wakayama is rich in Japanese tradition and culture. The population is lower than Osaka or Yokohama, but there is abundant nature in the mountains and sea and we are planning a resort that incorporates these charms. I believe our ideas are in line with what the Japanese government is looking for in regional development,” Alvin Chau, CEO of Suncity Group said.

Suncity has been involved in a lot of controversies lately. Recently, it confirmed that the company is shutting its VIP gambling rooms located at The Star’s Sydney casino. According to the reports, the decision to shut VIP gaming rooms has been a mutual decision taken by both Suncity and Star Entertainment.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.