2024.07.12
big fish casino earn chipsAmid swirling controversy over the fate of a gaming venue in Yokohama, at least one investment bank believes an integrated resort will come to life in Japan’s second-largest city. (Image: City of Terre Haute)On its second-quarter earnings call with analysts on Tuesday, the Las Vegas-based gaming company announced that it may submit an application for the open casino license in the Hoosier State. It sees Genting Singapore as the likely winner of the two bidders. cashman casino coin hackJapanese officials are hoping casino-resorts in their country will emulate the Singapore model. Japanese officials are hoping casino-resorts in their country will emulate the Singapore model. ain. coushatta casino lazy river youtube free slot machine gamesparagon casino reservationsHayashi is seeking a fourth term.Opposition to an integrated resort in Yokohama is so intense that 90-year old businessman Yukio Fujiki, known as the “Don of Hama,”recently threatened seppuku — a form of Japanese ritual suicide common in samurai times – if a gaming venue comes to the city. That’s because investors haven’t factored Japan into the stock.Genting is viewed as the Yokohama leader because of its presence in Singapore, where it owns Resorts World Sentosa – one of the city-state’s two integrated resorts. While the incumbent Hayashi and Okonogi are both members of Suga’s Liberal Democratic Party (LDP), Okonogi opposes the casino plan.Yokohama not Make or Break for Genting InvestorsGenting Singapore and local partner Sega Sammy are competing against Hong Kong-based Melco Resorts & Entertainment (NASDAQ:MLCO) for the rights to build a new gaming venue in Yokohama.As it’s become clear that those are the two gaming companies pursuing a license in the city, analysts are saying it’s Genting’s race to lose. slot win casinoMelco doesn’t operate a gaming venue there.What’s Next in JapanThe upcoming Yokohama mayoral election could go a long way toward determining the city’s fate in Japan’s casino gaming landscape. Last month, Sands created a digital gaming investment arm. The operator is still seen as the leading contender for a Yokohama casino license. free slot game golden tour tachi palace hotel y casinoisland view casino floor planLast month, Sands created a digital gaming investment arm. It sees Genting Singapore as the likely winner of the two bidders. Genting Singapore’s Resorts World Sentosa. Those include finding new US markets, though wagers on New York and Texas have yet to pay off.Additionally, the operator could finally push into online gaming and sports betting — two fast-growing segments it’s largely absent from. In Japanese history, it’s viewed as a way of restoring honor to one’s name or family.In perhaps another blow to the Yokohama integrated resort effort, Japan Prime Minister Yoshihide Suga last week endorsed National Public Safety Commission Chairman Hachiro Okonogi in the mayoral race. However, Maybank adds that even if the mayoral electoxford casino nswion doesn’t break in favor of the operators, that news isn’t likely to impact Genting’s share price. liberty slots free chip bellagio casino executive host |