Sands billionaire Sheldon Adelson took issue with Japan’s policy framework, saying it resulted in an unattractive opportunity. While Sands’ exit was a blow to Japan, it could be good news for remaining bidders, including Melco Resorts, Wynn Resorts, Galaxy Entertainment, Hard Rock, and Genting Group, to name a few.<\/p>\n
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Melco, now viewed as a frontrunner, has a large share of the Asian gaming market. The company has properties in Macau, Philippines, and soon, Cyprus. Like Sands was before dropping out, Melco is focused on building an IR in Yokohama.<\/p>\n<\/div>\n
Melco billionaire CEO Lawrence Ho says the company remains committed to Japan despite the economic setback of the coronavirus. “We’ve been working on Japan for a very long time, 15 years, and we continue to think that outside of Macau, Yokohama remains the most attractive IR destination,” Ho said last week.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan Prime Minister Shinzo Abe has lifted his emergency order on Osaka, a leading candidate city for one of the country’s three integrated resort (IR) casinos. Abe’s national emergency is to run through the end of this month, but his administration began lifting the decree early on numerous prefectures, as cases of the coronavirus slowed. […]<\/p>\n","protected":false},"author":25,"featured_media":136477,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n
Japan Casino Candidate Osaka Has Emergency Order Lifted<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n