{"id":60646,"date":"2017-10-11T13:00:23","date_gmt":"2017-10-11T20:00:23","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=60646"},"modified":"2017-10-11T11:47:25","modified_gmt":"2017-10-11T18:47:25","slug":"japanese-financial-giant-nomura-eyes-yokohamas-casino-potential","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/","title":{"rendered":"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential"},"content":{"rendered":"

Japanese banking giant Nomura said this week that the cities of Osaka and Yokohama were the \u201cprime-candidate\u201d destinations for the country\u2019s planned new casinos.<\/p>\n

\"Nomura
An artist\u2019s rendering of Yokohama Pier9, which Nomura said would put it in a strong position to partner with a casino developer on a large scale integrated resort project in the city. (Image: PR Times)<\/figcaption><\/figure>\n

Nomura is particularly interested in the potential of Yokohama, where it is building a passenger ship terminal, complete with shopping mall and hotel in, via a public-private partnership called \u201cYokohama Pier9\u201d.<\/p>\n

Japan\u2019s legislature, known as the Diet, passed its Integrated Resorts Promotion Bill in late 2016, paving the way for the creation of large scale casinos resorts. The bill gave the government a 12-month deadline to prepare a framework of regulation, laying down licensing requirements and introducing measures to protect problem gamblers. Lawmakers are also tasked with how many licenses to create.<\/p>\n

But Prime Minister Shinzo Abe\u2019s<\/a> decision to call a sudden, snap election will pushed back the regulation process by months and number of casinos that will be permitted is still unknown.<\/p>\n

Yokohama Pier9<\/strong><\/h2>\n

The group said that the development would put it in a strong position to cooperate with an international casino developer on a future project in Yokohama.<\/p>\n

One thing lawmakers have agreed upon is that foreign casino companies wishing to build in Japan will need to partner with domestic companies as a joint enterprise.<\/p>\n

\u201cWe think Nomura Real Estate Development building strong relationships with retail, warehousing, and port companies in Yokohama might be a foundation for participating in integrated resort projects in Yokohama in future,\u201d wrote Nomura analysts Daisuke Fukushima and Kentaro Maekawa in a memo.<\/strong><\/p><\/blockquote>\n

Yokohama Pier9 will be composed of five stories filled with entertainment, retail and restaurant facilities and is scheduled to open in the spring of 2019. The project expects to benefit from the cruise ship boom among Chinese tourists, a key market for a future Japanese casino sector<\/a>.<\/p>\n

Analyst Sanford Bernstein recently reported that Japan is the most popular Chinese cruise destination, with cruisers now accounting for one in seven of all Chinese visitors to the country.<\/p>\n

Osaka\u2019s Casino Dream\u00a0 <\/strong><\/h2>\n

Osaka, meanwhile, is the only city so far that has openly declared its desire to host a casino. It wants to partner with an international developer to build an integrated resort on Yumeshima, a reclaimed landfill island in Osaka Bay.<\/p>\n

\n

But first, the city would have to extend its subway system out to the island, an
\noperation that would cost an estimated $600 million, and its currently unclear who will
\npick up this bill.\u00a0<\/strong><\/h3>\n<\/blockquote>\n

Japan has the potential to be the second-biggest gambling market in the world, after Macau, and there have been calls to create an \u201cOsaka Strip,\u201d mirroring Cotai and Las Vegas. But there are indications that the country\u2019s politicians may take a more conservative approach, adopting strict regulations that would result in a more modest market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese banking giant Nomura said this week that the cities of Osaka and Yokohama were the \u201cprime-candidate\u201d destinations for the country\u2019s planned new casinos. Nomura is particularly interested in the potential of Yokohama, where it is building a passenger ship terminal, complete with shopping mall and hotel in, via a public-private partnership called \u201cYokohama Pier9\u201d. […]<\/p>\n","protected":false},"author":42,"featured_media":60647,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\nJapanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential<\/title>\n<meta name=\"description\" content=\"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential\" \/>\n<meta property=\"og:description\" content=\"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-11T20:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-11T18:47:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"350\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/\",\"url\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/\",\"name\":\"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg\",\"datePublished\":\"2017-10-11T20:00:23+00:00\",\"dateModified\":\"2017-10-11T18:47:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg\",\"width\":350,\"height\":250,\"caption\":\"An artist\u2019s rendering of Yokohama Pier9, which Nomura said would put it in a strong position to partner with a casino developer on a large scale integrated resort project in the city. (Image: PR Times)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Live Casinos\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/live-casinos\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\",\"name\":\"Casino.org Staff Writer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"caption\":\"Casino.org Staff Writer\"},\"url\":\"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential","description":"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential","og_description":"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0","og_url":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2017-10-11T20:00:23+00:00","article_modified_time":"2017-10-11T18:47:25+00:00","og_image":[{"width":350,"height":250,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg","type":"image\/jpeg"}],"author":"Casino.org Staff Writer","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Casino.org Staff Writer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/","url":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/","name":"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg","datePublished":"2017-10-11T20:00:23+00:00","dateModified":"2017-10-11T18:47:25+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77"},"description":"Nomura says its Yokohama Pier9 cruise terminal project would make it ideally placed to partner on a Japanese casino project in the city.\u00a0\u00a0","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/yokohama-japan.jpg","width":350,"height":250,"caption":"An artist\u2019s rendering of Yokohama Pier9, which Nomura said would put it in a strong position to partner with a casino developer on a large scale integrated resort project in the city. (Image: PR Times)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/japanese-financial-giant-nomura-eyes-yokohamas-casino-potential\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Live Casinos","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/live-casinos\/"},{"@type":"ListItem","position":4,"name":"Japanese Financial Giant Nomura Eyes Yokohama\u2019s Casino Potential"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77","name":"Casino.org Staff Writer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","caption":"Casino.org Staff Writer"},"url":"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/60646"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=60646"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/60646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/60647"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=60646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=60646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=60646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}