The game and hotel giant Wynn Resorts no longer pursues a license to build a resort casino in Japanese Osaka, which allows MGM Resorts International to become the main applicant for this license. This is reported by Yogonet Edition.Com.
As reported by Wynn Resorts, now this company is concentrated on obtaining a license for the construction of a casino resort in the Kanto area. The application from Wynn Resorts reads: “Wynn Resorts is grateful for many months of a positive dialogue, which we spent with the city of Osaka and his citizens, and we appreciate the friendly hospitality that we got from them”.
According to the Fitch Ratings report, now MGM is the main contender for the Japanese IR license in Osaka. Mgm Resorts International, Genting Singapore and Galaxy Entertainment Group are involved in the race for this license.
In a statement made earlier this week, the MGM Resorts International Casino operator said: “We have announced our strategy – Osaka First – and did not deviate from this plan. We have always been confident in our position, since what we will bring to Osaka is that MGM Resorts can provide at best. “.
Earlier, in August of this year, American gigant Caesars Entertainment Corp. confirmed that no longer pursues a casino license in Japan. Representatives of the Company said that Caesars does not plan to expand on a new regulatory Japanese market, having a license for a casino, and that the priority is its current activities.