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ECONOMY

Hong Kong casino operator sees Yokohama, Osaka as attractive sites for IR facilities

  • November 22, 2019
  • , Kanagawa Shimbun , p. 2
  • JMH Translation

On Nov. 21, Galaxy Entertainment, a Hong Kong firm that runs a casino in Macau, issued a statement saying that the firm is going ahead with procedures to open integrated resort (IR) facilities in Japan. The statement specifically mentions Yokohama and Osaka, so the company likely aims to enter the casino business in Japan with a focus on these two cities.

 

The statement says that the firm is targeting “eight cities” but does not reveal the names of any of them except for Yokohama and Osaka. Chiba and Nagoya may be among the cities the company has in mind, as these two cities have been considering making bids to host an IR.

 

Galaxy also explained in the statement that it is preparing to present a proposal document to Yokohama City Hall, which has been soliciting concept ideas. It has already submitted a proposal to the prefecture and city of Osaka [which are joining hands in the bid]. 

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