• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 9 June 2023
    • 中文
    • 日本語
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Genting Singapore “surprised and disappointed” by Yokohama IR cancellation

Ben Blaschke by Ben Blaschke
Sun 12 Sep 2021 at 11:05
Confusion grows over Mayor Hayashi’s plans as opposition confirms Yokohama election candidate
118
SHARES
3k
VIEWS
Print Friendly, PDF & Email

Genting Singapore says it has been left “surprised and disappointed” after Yokohama officially cancelled its IR bid process on Friday in the wake of the recent mayoral election.

Although the fate of Yokohama’s IR dream has been well known ever since former Yokohama City University Professor Takeharu Yamanaka won last month’s election on an anti-IR platform, the decision to abandon the bid process was only confirmed on Friday with publication of the new mayor’s policy statement.

In response, Genting Singapore – one of two candidates taking part in Yokohama’s RFP alongside Melco Resorts & Entertainment – issued a statement of its own declaring its bid over and expressing dismay at the lost opportunity.

“We are surprised and disappointed by the unexpected turn of events leading to the City’s decision to cancel the Yokohama IR Bid,” Genting Singapore said.

“The Board of Directors and management of the company, together with our consortium partners and supporting partners, have devoted considerable time and our best efforts to prepare and submit a compelling bid and proposed a significant investment that will benefit the City of Yokohama and its community, and at the same time make Yokohama a world-class tourism destination.

“The Company would like to thank all parties who have supported and contributed to our Yokohama IR Bid and we extend our best wishes to Yokohama City.”

The Genting Singapore consortium, which also included Japanese gaming firm Sega Sammy Holdings, security and disaster prevention specialists Sohgo Security Services Co Ltd plus three of Japan’s “big five” architecture, engineering and construction companies in Kajima Corporation, Takenaka Corporation and Obayashi Corporation, had been considered well placed for selection as Yokohama’s IR development partner.

RelatedPosts

Ministry says foreign workers comprised majority of 2,000 laid-off RWS workers

Deputy CEO departs Resorts World Sentosa after just five months in the job

Fri 2 Jun 2023 at 11:18
Dynam to acquire five new pachinko halls in Japan’s Gifu Prefecture

Dynam to acquire five new pachinko halls in Japan’s Gifu Prefecture

Fri 2 Jun 2023 at 06:47
Casinos Austria releases proposal summary for Nagasaki IR

Japanese professor says Nagasaki IR consortium in danger of collapse with certification decision still many months away

Wed 31 May 2023 at 06:32
Japan’s Dynam reopens 101 pachinko halls after some closure requests lifted

Decline in profits prompts Dynam Japan to reinvent pachinko as “everyday entertainment”

Thu 25 May 2023 at 06:03
Load More
Tags: Genting SingaporeirJapanTakeharu YamanakaYokohama
Share47Share8
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial: The calamity of unintended consequences

Editorial: The calamity of unintended consequences

by Ben Blaschke
Tue 30 May 2023 at 21:05

The World Series of Poker (WSOP) kicked-off in Las Vegas this week with the first of 95 events set to...

Francis Lui – Guardian of the Galaxy

by Andrew W Scott
Tue 30 May 2023 at 19:54

One of Macau's market-share leaders, Galaxy Entertainment Group has emerged from the COVID-19 pandemic in good shape with plentiful cash...

We need to talk about policies

We need to talk about policies

by Peter Cohen
Tue 30 May 2023 at 19:17

The Australian government is planning to establish an office tasked with evaluating the effectiveness of policies such as those linked...

When the party is over

When the party is over

by Ryan Ho, Zoe Leong, Chris Lu and Sergio Li
Tue 30 May 2023 at 19:02

A group of MBA students at Macao Polytechnic University recently conducted a study into the challenges facing former junket employees...

Softswiss
Evolution Asia
Aristocrat
Solaire
Hann
Okada Manila
BETER

Related Posts

Morgan Stanley raises Macau 2023 EBITDA estimates by 70% on better gaming mix

Gaming-related crime in Macau rises 24.4% year-on-year in 1Q23

by Newsdesk
Fri 9 Jun 2023 at 06:17

The number of gaming-related crimes in Macau in the first three months of 2023 climbed 24.4% year-on-year to 158 incidents, according to Secretary for Security Wong Sio Chak, with the increase linked to the rise in visitors to Macau and...

AGEM Index stays largely flat in February

AGEM Index down 1.5% in May as IGT suffers 12.8% fall in stocks

by Newsdesk
Fri 9 Jun 2023 at 06:15

The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – decreased by 1.5% or 14.54 points to 956.98 points in May, despite strong gains by Konami and Crane NXT. The index was, however, 8.4% or...

Ciarán Carruthers: Crowning glory

Blackstone preparing to “invest significant capital” into Crown Melbourne upgrade

by Ben Blaschke
Fri 9 Jun 2023 at 05:48

The President of US private equity giant Blackstone says the company is planning to invest heavily into a much-needed renovation and upgrade of Crown Melbourne following its AU$8.9 billion (US$6.5 billion) acquisition of the property’s parent company, Crown Resorts, last...

IGT slips to 2Q20 loss on 48% global revenue decline

IGT exploring possible sale or spin-off of Global Gaming and PlayDigital segments

by Ben Blaschke
Fri 9 Jun 2023 at 05:12

Global gaming giant International Game Technology PLC (IGT) revealed overnight that it is evaluating potential strategic alternatives for its Global Gaming and PlayDigital segments, including their potential sale or spin-off. The company is also considering various merger options but may...




IAG

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語