Asia

Only Two Operators Remain in Yokohama IR Race

Published

4 years ago

June 2, 2021

Only Two Operators Remain in Yokohama IR Race

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The Japanese prefecture Yokohama has announced that only two bidders remain in the final stage of its bidding process for integrated resorts (IR).

The names of the bidders have not been disclosed, but Genting Singapore and Melco Resorts are reportedly the remaining bidders in the race.

There were five bidders till recently. Galaxy Entertainment and Sega Sammy withdrew from the race.

Shotoku, a company based in Yokohoma, was rejected by the government, as it turned out that the company did not possess minimum requirements for a bidder.

The fate of the remaining bidders – both Asian companies: Genting and Melco – will actually be decided by the people. The mayor election of the city is scheduled on August 22, which is basically fought between the pro-IR and anti-IR groups. The eventual bid will take place depending on who will win the mayoral battle.

Related Topics:Genting Singapore IR Japan Melco Resorts Yokohama

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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.