Clairvest Neem has rejected allegations that its financing plan for a failed bid for an integrated resort in Wakayama was “unclear” and said it will continue to look for opportunities in Japan.

Politics have claimed another scalp in Japan’s bumpy IR licensing process.

The field of candidates for an integrated resort (IR) license in Japan has been whittled down to just two, with some observers saying that even those are not a certainty in the highly unpredictable process. 

Wakayama will exit from the bid for an IR license in Japan after its prefectural assembly voted against its development plan, while Nagasaki won the backing of its local legislators.

The Wakayama Citizen's Association said it has gathered more than 20,000 signatures in favour of calling a referendum to decide on whether to host...

A group of citizens in Wakayama is seeking to gather enough signatures to petition for a referendum on plans to host an IR in the city.

Caesars Entertainment has reemerged as a contender for an IR license in Japan, although it may face headwinds due to the shifting sands of Japanese politics.

The Wakayama Prefecture will hold a series of public meetings both in the city and the wider province to provide information about plans for an integrated resort in Wakayama Marina City.

Clairvest Neem Venture, the company which had been officially approved to partner with Wakayama to develop an integrated resort, has added U.S. casino operator Caesars Entertainment to its Japanese IR consortium. 

The Wakayama prefectural government has officially approved Clairvest Neem Venture’s plans to develop an integrated resort in the city.