Asia
Wynn Resorts Ltd Closes its Yokohama Office

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.
-
Africa6 days ago
Play’n GO takes games portfolio live with the Goldrush Group in South Africa
-
Asia6 days ago
LGUs, state university get Php20-M emergency vehicles from PAGCOR
-
eSports6 days ago
Esports World Cup 2025 Unveils Official Song of the Year and Full Opening Ceremony Line-up
-
Africa5 days ago
DRC Signs MoU for Public-Private Partnership with Burundi’s East African General Trade Company
-
Africa5 days ago
Springbok Casino Unveils “Krugerassic Park” Featuring Dino-Wilds to Celebrate Jurassic World: Rebirth Sequel – Plus 25 Free Spins on T-Rex 2 slot
-
Latest News6 days ago
PG Soft serves up Diner Frenzy Spins
-
Africa6 days ago
ALA Hosted Seminar on Artificial Intelligence and Cybersecurity
-
Latest News6 days ago
Juicy Wins, Crystal Clear: ELA Games Releases New Luxury Title