Genting Singapore Limited has reportedly shelved plans to build an integrated casino resort in Yokohama.
Late last month, former university professor Takeharu Yamanaka (pictured) defeated incumbent Fumiko Hayashi to become mayor of Yokohama, GGRAsia reports.
The 48-year-old anti-gambling campaigner has the right to develop a Las Vegas-style development on 116 acres of waterfront land near Yamashita Park that will include multiple hotels and restaurants, exhibition halls and a massive casino, according to the sources. announced that it intended to "abolish" the Yokohama City campaign to obtain
A combination like a lump of desire
Genting Singapore Limited, alongside Melco Resorts and Entertainment Limited, will vie for the right to be selected as the preferred operating partner for the City of Yokohama to obtain a 40-year integrated casino resort license from the federal government2 It was reported that one of the
A subsidiary of Asia's leading gambling giant, Genting Malaysia, is a Japanese game console maker.SEGA SAMMY HOLDINGSis a construction companyObayashi Corporation, Kajima Corporation, Takenaka CorporationIt is believed that they have already entered into a partnership with
surprise selection
But the election of the anti-casino Yamanaka, backed by the Constitutional Democratic Party, the Communist Party and the Social Democratic Party, brought the project to a halt, and he already runs Resorts World Sentosa, a seven-hotel resort in Singapore. Genting Singapore has decided to cease operations.
Genting Singapore today 'canceled' its Yokohama effort despite spending 'significant time' preparing and submitting a 'convincing bid' using an official application form. It is said that he decided
Read the application form of Genting Singapore Limited
"We are surprised and disappointed by the unforeseen events leading to the city's decision to cancel the bid for Yokohama's integrated casino resort.
We would like to express our sincere gratitude to all the parties concerned for their support and cooperation in the bid for the Yokohama integrated casino resort, and we sincerely hope that the city of Yokohama will continue to develop.
compelling connection
Genting Singapore Limited says the plan to attract an integrated casino resort to the city of Yokohama, which has a population of around 380 million, will involve a "large investment" and will make the city a "global tourist destination". The application was reportedly completed declaring that the change would benefit not only the city of Yokohama, but the wider region.
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