Imagine this scenario for the August 22 mayoral elections in Yokohama: Exit polls show voters most of all concerned about IR development, and they are opposed to it by a more than 2-to-1 margin—and yet the winner of the election is pro-IR incumbent Fumiko Hayashi.
There is still no clear path forward for the South Korean IR development, formerly known as the Caesars Korea Resort Complex, to resume construction, with the new owners not expecting an opening any earlier than 2025.
Macau Legend said it's seeking an "amicable solution" after the seller of a plot of land in Cambodia failed to make a June 26th deadline for the final transfer.
Sega Sammy plans to spend Y120 billion on its participation in an IR in Yokohama, which if successful is likely to open in the late 2020s, it said.
Bernstein analyst Vitaly Umansky believes Genting Singapore to have a “very strong chance” of securing a Japan casino opportunity in Yokohama, given its Singapore background and its Japanese partner.
Winning a license to operate an integrated resort in Yokohama could add as much as S$0.34 ($0.26) in value to Genting Singapore's share price, however considerable uncertainties remain about the investment, Nomura wrote in a research note.
Hong Kong-listed R&F Properties is seeking new financing and a casino operator partner for the Midan City development in Incheon, attempting to recover from Caesars Entertainment’s abandonment of the partnership.
Esports entrepreneur Mellissa Kong, who runs REES, an esports engagement platform, speaks to Asia Gaming Brief editor Felix Ng about how hospitality and retail brands, including integrated resorts, can better use their esport spaces to attract gamers to their properties.
Vietnam real-estate giant Vingroup Group has announced it will officially open it's long-awaited $2.8 billion Phu Quoc United Center "Sleepless City" on April 21, 2021.
Melco Resorts & Entertainment said construction work on its City of Dreams Mediterranean property is proceeding smoothly and the property is slated to open in Summer, 2022.