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four winds casinos(Image: Nikkei Asian Review)Japan’s second-largest city behind Tokyo is competing with several other large metropolitan areas, including the capitol city and Osaka, to become home to one of the first three casino-resorts the country is expected to approve next year.Undaunted by the global COVID-19 pandemic, which forced the postponement of the Tokyo Summer Olympics, Yokohama and other live casino.co.zacities in the Land of the Rising Sun remain vigilant in their pursuit of becoming integrated resort destinations. This week, Wynn Resorts CEO Matt Maddox announced he is foregoing 100 percent of his .9 million base salary in exchange for stock compensation.Cash that would have been used to pay Maddox will instead be used to pay company workers. Yokohama’s latest budget has an IR earmark, indicating its casino ambitions aren’t being hampered by the coronavirus. ruby slots sister casinoSecond, operators stung by closures in Macau and the US could be looking to add some geographic diversity live casino.co.zato their portfolios.What’s NextThe next step in Yokohama is for policymakers there to select a partner with which to approach the federal government about procuring one of the first three licenses.Business leaders and lawmakers in the city haven’t publicly expressed a preference for a specific company. This week, Wynn Resorts CEO Matt Maddox announced he is foregoing 100 percent of his .9 million base salary in exchange for stock compensation.Cash that would have been used to pay Maddox will instead be used to pay company workers. Yokohama’s fiscal 2020 budget contains a .6 million appropriation for the city’s integrated resort ambitions. luckyland casino download

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real casino roulette table for saleHe added that he expects the large majority of the 255 employees who remain working to contribute.Asher and his other William Hill staffers helping furloughed workers are not alone. Many of those staffers will move to an unpaid furlough next week.Wynn Resorts is paying all of its 13,000 workers for 30 days, Maddox saying earlier in the week, “I can’t imagine going out to rehire and retrain 13,000 people. For its part, Yokohama views becoming a gaming destination as an avenue for boosting tourism and shoring up a tax base that is dwindling because of an aging population. free casino slot games with no download or registrationMany of those staffers will move to an unpaid furlough next week.Wynn Resorts is paying all of its 13,000 workers for 30 days, Maddox saying earlier in the week, “I can’t imagine going out to rehire and retrain 13,000 people. IRs should not be permitted at all,” said the Constitution/National Forum, reports Inside Asian Gaming.The budget was ratified by the Liberal Democratic Party (LDP) – Prime Minister Shinzo Abe’s group – and the Komeito party.Plenty of InterestThere has been simmering opposition to putting an integrated resort in Yokohama – one pitting local residents against well-heeled business groups.On the operator side, interest in the port city is strong, with expectations that as many as seven gaming companies are expected to vie for a license there. Those include some of the biggest names in Asia-Pacific integrated resorts, such as Las Vegas Sands, Melco Resorts & Entertainment, and Wynn Resorts.Some market observers believe the coronavirus pandemic could actually work in favor of Japan’s integrated resort ambitions for multiple reasons. poker yellowhead casino

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poker casino duisburgStill, opposition to the city’s casino dreams lingers.We regard that this budget solves problems. Research firm Spectrum Group said this week that the downturn has resulted in 500,000 fewer US millionaires.Asher and Maddox willive casino.co.zal certainly retain their millionaire status, as CEOs of major corporations – including those in the gaming industry – are, of course, paid handsomely.Former MGM Resorts CEO Jim Murren departed the company this week with a million severance package. For its part, Yokohama views becoming a gaming destination as an avenue for boosting tourism and shoring up a tax base that is dwindling because of an aging population. This week, Wynn Resorts CEO Matt Maddox announced he is foregoing 100 percent of his .9 million base salary in exchange for stock compensation.Cash that would have been used to pay Maddox will instead be used to pay company workers. Many of those staffers will move to an unpaid furlough next week.Wynn Resorts is paying all of its 13,000 workers for 30 days, Maddox saying earlier in the week, “I can’t imagine going out to rehire and retrain 13,000 people. He added that he expects the large majority of the 255 employees who remain working to contribute.Asher and his other William Hill staffers helping furloughed workers are not alone. chinook winds casino beach cam

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