Thursday, October 29, 2020
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Galaxy pitches for Osaka Yumeshima IR

Galaxy Entertainment held a press event in Osaka on Wednesday to make their local pitch, providing competition for MGM Resorts. 

MGM asset sales “dry powder” for Japan

MGM Resorts’ accord to divest two major assets will raise $4.3 billion in net proceeds and potentially raise funds for a development in Japan.
Mohegan Sun Pocono

Mohegan opens office in Tomakomai, Hokkaido

Mohegan Gaming & Entertainment has announced the opening of its office in Tomakomai, Hokkaido, where it is one of several international IR operators hoping to build a regional IR.
Dotombori River Festival (file)

MGM sponsors Osaka festival for third consecutive year

For the third year running, MGM Resorts has become a sponsor for the October 12th to 13th Dotombori River Festival, in particular focusing on the Yosakoi dancing events.
Tomakomai

Hokkaido governor will make IR bid decision year-end

Hokkaido Governor Naomichi Suzuki, who has been taking a go-slow approach on his decision whether or not to pursue an IR bid for the Tomakomai location, has now clearly indicated for the first time that he will hand down his verdict by the end of this year, not early next year as had been anticipated by most observers.

Fitch: Ten-year license “biggest obstacle” to financing

Fitch Ratings has conducted a tour of Japan and offered a “special report” revising some of its previous estimates about the prospects for the Japan IR market, but it also raised a warning flag over the implications of the IR license renewal system.
Japan, Yokohama (generic)

Yokohama City Council committee approves IR budget

A committee of the Yokohama City Council wasted little time in approving an amended budget including expenses for IR development, angering the opposition which denounced the move as contrary to the democratic spirit.

Suncity launches Japanese website and IR concept movie

Making up for lost time, the Suncity Group has launched its Japanese-language website, complete with a high production value, five-minute movie outlining its concept for an IR at Marina City, Wakayama.
Japan Wakayama generic

Suncity affirms interest in Wakayama IR bid

Suncity Group Executive Director John Au Chung On made clear at a symposium on Monday that his company was planning to make an IR bid in Japan and that Wakayama was a location that they are focusing on.
Galaxy EuroJapan Cup 2019

Galaxy’s EuroJapan Cup draws more than 65,000 fans

The Galaxy Entertainment EuroJapan Cup drew 65,000 soccer fans to watch the friendly match between the English Premier League 2019 Champions, Manchester City, and Japan’s Yokohama F. Marinos, which the English team won 3-1.

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