Inside Asian Gaming

IAG FEB 2021年2月 亞博匯 57 日本 and even for the “smaller” regional IRs the mooted investment level seems to be around US$3 billion. To put this in context, Wynn Palace and Galaxy Macau, and the two Singaporean IRs, all have total investments to date around US$3 billion to US$4 billion. It would be fair to describe these as amongst the largest and most luxurious IRs in existence. Yet investment levels two to three times larger than this are being talked about in Japan. Forming consortia will help spread the enormous investment over several participants. Thirdly, a variety of skills and capabilities are going to be necessary to operate a Japanese IR, and there’s really no single company which possesses all of them. There will be a need for local Japanese expertise as well as international know-how to run large scale IRs. The field will continue to thin as candidate operators, investors and other interested parties continue to partner up, and some operators relegate Japan to the “too hard” basket – especially in the pandemic-ridden climate we find ourselves in. JAPANESE OPERATORS Sega Sammy was formed in 2004 when Sega Corporation, famous for its game consoles and Sonic the Hedgehog character, merged with Sammy Corporation, a pachinko and pachislot machine manufacturer. Sega Sammy has since added resort operations, owning 45% of Korean integrated resort Paradise City with Korean casino operator Paradise Co owning 55%. TheUS$1.4 billionParadiseCity IRopened 還需考慮到連繫流通這因素。已公佈有意進入競賽的選址， 如大阪和橫濱（以及其他潛在選址，如東京、千葉縣和愛知縣）都 毗鄰國際機場，但長崎縣及和歌山縣等地方選址則有連繫性問 題。 財團 在日本IR牌照的早期階段，每家營運商都希望獨自營運項 目， 但最近部分仍有意競投的公司開始聯合組成財團，此舉動背 後有三個原因。 首先，在日本而言，企業組成財團做生意是自然不過的事， 特別是執行大型項目。你可稱這模式為聯盟、聯營體、財團，或是 日語中的經連會或提携。長久以來，日本公司都以組團形式來開 展業務，在財團中每家公司都擁有部分其他公司或全部公司的股 權，而該財團使用共同的資金，甚至落實集體決策。 其次，投資金額驚人。不少人預測大都會的IR項目投資金額 須100億美元或更多，而相對地「規模較小」的地方IR項目，投資金 額亦介乎在30億美元左右。這金額是多少？永利皇宮和澳門銀河， Sega Sammy has made it known that it is pursuing Yokohama as an IR location. 世嘉颯美已宣布它將尋求在橫濱開發IR。