Inside Asian Gaming

IAG JUL 2021年7月 亞博匯 48 COVER STORY Nagasaki Prefecture. On 5 May 2021, Children’s Day, the Foundation donated JPY 10 million yen to seven childwelfare institutions inNagasaki. The Foundation owns 18.8% of Oshidori’s parent company which is traded on the Hong Kong Stock Exchange.” THE BOTTOM LINE Oshidori is clearly the most aggressive and forthright of the three candidates in its approach. In dealing with IAG through this process, we also found them to be the most organized and professional, and the most willing to be open with us about their plans. Oshidori is the only candidate of the three to have a physical office on the ground in Nagasaki. In our discussions with them, it’s clear the Oshidori leadership has a firm grasp on precisely what an integrated resort is and the unique issues that will need to be faced. Its existing team of executives is heavily historically connected to MGM Resorts in Las Vegas, but therealsoseems tobeadecent smattering of executives from Asian IRs, and Oshidori’s partnership with Mohegan adds yet another layer of skills to their team. Their connection to Hong Kong has been raised by some as an issue for Japan, but it should be noted that Chinese conglomerate Fosun Group was in talks to acquire 25% of HTB in 2018, so there is already a precedent for possible Chinese investment in the area.