The chairman of Bally's Corporation, an American land-based casino operator, is reportedly cold-watered by rumors that the company will soon begin bidding for highly gambling developments on the southern island of Japan, Kyushu.
According to a report by Inside Asian Gaming, Kim Soo Hyun is interested in integrated casino resorts in Japan, but is one of the three gambling licenses currently being offered by Asian governments. He revealed that he would not bid.
The source was at a press conference held Wednesday by Fukuoka Prefecture officials in the race to get permission for the company to build a $ 520 billion Las Vegas-style facility in Fukuoka Prefecture, which has a population of about 40 million. He reports that he has made it clear that he is trying to participate.
Barry's is an American company and is now a Vera John affiliated company.
Expand at a rapid pace
Bally's Corporation, known as Twin River Worldwide Holdings Incorporated until its name change in 2020, is reportedly already responsible for 14 casinos in the United States, including the giant Bally's Atlantic City and Eldorado Resort Casino Shreveport. I am.
The operator recently launched Monkey Knife Fight for daily fantasy sports, SportCaller for online freeplay game development, Bet.Works Corporation for digital technology and services, and World Poker Tour (WPT) for poker brand for $ 9000 million. It is said that it is buying the failed British iGaming company Gamesys Group and others.
Direct discovery
Kim reportedly told Inside Asian Gaming that he is currently checking the facts in Japan and is meeting with multiple developers in the hope that he will be able to "understand the situation at the scene." ing.
However, the executive said he didn't call for a press conference in Fukuoka Prefecture and said he was unaware that his company was involved in a potential casino project in the Kyushu region.
When I read Mr. Kim's remarks ...
"This is the first time I've come to Fukuoka prefecture, purely to understand the position of the process. What we think, what kind of project we ultimately support, or what kind of project we end up with. We have no commitment to how we get involved. I think there are a lot of very interesting possibilities, but we also know that we have very little time left. "
The approaching limit
Japan has a population of 1 million, and in the summer of 2600, the federal government set up a large integrated casino resort with exhibition facilities, multiple hotels, and a vast game floor, with three different communities each. It is reported that a bill permitting construction and operation has been passed.
To obtain the right to operate one of these three developments, interested operators have partnered with specific jurisdictions and finalized development to the federal selection committee before the April 3 deadline. It is said that you are required to submit a plan.
Top trio
Currently, Nagasaki Prefecture, located just 93 miles from Fukuoka Prefecture, has partnered with the Japanese subsidiary of Casino Austria International to take the lead in this campaign in order to obtain permission to introduce an integrated casino resort to Huis Ten Bosch. It is said that there is.
In addition, Osaka City and Wakayama Prefecture are also considered to be influential, and it is said that they are proceeding with similar plans in partnership with MGM Resorts and Caesars Entertainment, respectively.
Kim told Inside Asian Gaming:
"This is just a preparatory step to see if we can restart this process at a later date. I think this is just the beginning of exploring the process, but we are ready to move. We haven't decided anything about whether or not we have a partner, and if we find a suitable Japanese partner and bring in international expertise from a brand like Barry's Corporation, there are many possibilities. I think it's an interesting situation with sexuality. "
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