Wynn Resorts, Genting Group, and Hard Rock have also expressed interest in bidding for the licenses.<\/p>\n
While the casino companies are in a full sprint to get their proposals and teams in order, the reality is that Japan isn’t expected to field pitches until 2019. That’s also when the government will decide where the two casinos will be permitted to be built.<\/p>\n
\nFinancial gaming analysts believe the casino market in Japan could generate $40 billion annually once the two integrated resorts are fully up and running.<\/strong><\/p>\n<\/blockquote>\nOver the next two years, Japan, as well as real estate, construction, and transportation companies, will have the upper hand in being wooed by international casino companies looking to make friends in the country. Should Japan’s casino effort stay on course, the first resorts would be expected to open sometime around 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"
Hong Kong-based Galaxy Entertainment and Societe des Bains de Mer (SBM) in Monaco are teaming up in hopes of winning one of the two coveted integrated casino licenses Japan is expected to issue in the coming years. Japan drastically changed its decades-long opposition to gambling last fall when the National Diet passed a bill that […]<\/p>\n","protected":false},"author":42,"featured_media":47510,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13,18],"tags":[],"acf":[],"yoast_head":"\n
Galaxy Entertainment Ups Ante for Japanese Casino License, Partners With Monaco's Monte-Carlo<\/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