IR operators that have been hoping that Hokkaido would revive its IR bid appear to be concluding that it is time to throw in the towel.
The first of the three interested operators to shut down its operation in Tomakomai, Hokkaido, was Mohegan, which shuttered its local office at the end of February.
Now it is reported that Rush Street Japan is following suit, closing its Tomakomai office by the end of this month. It seems that Rush Street has not given up on Japan entirely, and will consider other options.
This leaves only Hard Rock Japan as the last Hokkaido holdout among the IR operators, though Canada’s Clairvest, which had hoped to be an investor in a potential Tomakomai IR, also maintains its local office.
Hokkaido Governor Naomichi Suzuki announced last November that his government would not be joining the IR race at this time, but pro-IR elements have maintained their lobbying efforts as well as their hopes that Suzuki would reverse his decision.
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.