IR operators flock to Tomakomai

At least ten major IR operators have signalled key interest in the city of Tomakomai, according to  the Tomakomai Minpo, a local newspaper.

Specifically indicated were visits from executives of Caesars Entertainment, Galaxy Entertainment, Hard Rock International, and the Clairvest Group of Canada. Around six have visited since the beginning of the year.

It is said that about ten companies are planning to submit initial proposals to the local government this month, and some of them may be in the process of setting up offices within Tomakomai city.

For their part, the municipal authorities are planning to make overseas visits in November to the leading candidate operators, to see for themselves examples of existing IR facilities.


More news from this jurisdiction

JapanThursday, Feb 22, 2018

Government proposals presented to the ruling party this week relating to tax rates, entry fees, and casino floor space restrictions have drawn wildly different reviews from the business community and Japanese political parties.

JapanWednesday, Feb 21, 2018

Japan is considering imposing an entry fee to casinos of Y2000 ($18.6) and imposing a tax rate of 30 percent on operators’ revenue, according to local media reports.

JapanTuesday, Feb 20, 2018

George Tanasijevich, managing director of global development at Las Vegas Sands, recently presented a survey in central Tokyo, which for the first time, indicated that a majority of the Japanese public supports the establishment of IRs in their nation—at least when the question is asked in a particularly leading manner.

Philippines, JapanThursday, Feb 15, 2018

Universal Entertainment Corporation, operator of Okada Manila, recorded a net loss of JPY 13.4 billion for 2017 fiscal year, due mainly to an operating loss from its casino and resorts business.

JapanThursday, Feb 15, 2018

The government is gravitating toward a plan that would allow Japanese customers to enter the casino segment of an IR a maximum of three times per week.

JapanTuesday, Feb 13, 2018

The Osaka prefectural and city governments have decided to take a proactive approach to the issue of gambling addiction, wishing to promote themselves as the national leaders on this matter.

JapanWednesday, Feb 07, 2018

James Murren, chairman and CEO of MGM Resorts International revealed that his company envisions building a relatively small casino that would be less than 2 percent of his proposed IR’s total floor area.