Sumary of Genting Singapore-led group in running for Yokohama casino deal:
- YOKOHAMA — A consortium led by casino operator Genting Singapore has submitted its proposal to build a gambling resort in Yokohama, the Japanese port city announced Friday..
- The Genting consortium is expected to compete with a proposal by a group led by Macao rival Melco Resorts and Entertainment..
- The bids come after Japan in 2018 legalized so-called integrated resorts — entertainment complexes that provide gambling..
- Macao-based operator Galaxy Entertainment Group said last month it would not participate in developing the resort in Yokohama, one of the cities seeking the first round of approved projects…