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U.S. casino giant gives up on Japan project

  • May 14, 2020
  • , All national papers
  • JMH Summary

All national papers took up an announcement made by Las Vegas Sands Corp. on Wednesday that it will end its plan to obtain a casino license in Japan as it needs to focus on its existing business operations, noting that the world’s largest casino operator has suffered huge losses in the wake of the coronavirus pandemic. Mayor Hayashi of Yokohama, where the U.S. firm had hoped to open a gambling establishment, said the decision will not affect her quest to host a casino. Chief Cabinet Secretary Suga, whose constituency is in Yokohama, also emphasized yesterday that there is no change in the GOJ’s plan to open integrated resorts featuring casinos. However, several dailies forecast that other foreign casino operators may be tempted to take a second look at their own plans in Japan in view of the severe business environment due to the pandemic.

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