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winstar world casino facebookBut Iwaya believes Japan’s integrated resorts can do more than lure business travelers.The venues can increase GDP “not just by hosting a slew of international conferences, but by increasing the number of tourists from abroad,” said the politician.Japan has a long-stated goal of boosting tourism to 40 million foreign visitors by the end of next year and 60 million by 2030. Massachusetts Sen. Takeshi Iwaya, a member of Prime Minister Shinzo Abe’s Liberal Democratic Party, believes integrated resorts can be a boon for Japan’s economic growth. Melco Resorts says it will invest JPY 27 billion (0 million) to build two non-gaming properties in Japan – a hot spring resort in Hakone, near Tokyo, and a ski resort in Nagano. “This is critical for Japan, as the nation is fast lagging behind its rivals overseas in luring international conferences and exhibitions, partly due to a lack of spacious venues that can host large-scale events.”While some operators have pitched lower estimates, analysts believe the costs to build high end integrated resorts in Japan that would be of comparable or superior quality to the gaming properties in Macau and Singapore would range from billion to billion per venue.(Image: Karina Nooka/Nikkei Asian Review)Melco is one of the frontrunners to win one of the three forthcoming integrated resort (IR) licenses in Japan. chukchansi casino gas station

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