Genting Singapore-led group in running for Yokohama casino deal

genting singapore led group in running for yokohama casino deal

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…

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