Casino op Galaxy not to join current RFP for Yokohama
Macau casino operator Galaxy Entertainment Group Ltd said in a Monday press release it had decided “to not participate” in the “current” request-for-proposal (RFP) process of Japanese metropolis Yokohama regarding the latter’s tilt at getting a casino resort.
The firm said nonetheless that it “remains interested in pursuing an integrated resort licence in Japan”. The term integrated resort or “IR” is used in Japan to define large-scale tourism and business meeting facilities with a casino.
Several other casino brands with Macau interests have either said they were not currently prioritising an attempt at gaining a Japan casino licence, or had for now withdrawn their interest.
Up to three resorts will be permitted under the legal framework for casino legalisation in Japan.
Francis Lu