partnered on an IR scheme for Japan’s Yokohama<\/a>. Once a front-runner for one of the three forthcoming casino licenses, Yokohama in September elected an anti-IR mayor, who swiftly canceled the city’s casino candidacy.<\/p>\nPrior to Yokohama Mayor Dr. Takeharu Yamanaka’s election, longtime Mayor Fumiko Hayashi supported bringing a commercial casino resort to the area to spur economic and tourism activity.<\/p>\n
After Las Vegas Sands’ shocking exit from Yokohama in 2020, Genting and Sega Sammy emerged as the odds-on favorite to find favor in Japan’s second-most populated city. Yokohama was mulling two qualified applications, the other coming from a consortium led by Melco Resorts.<\/p>\n
But with many Japanese citizens angered with the country’s hosting of the Olympics amid a pandemic, Yokohama’s mayoral vote was viewed as a retaliation of the Liberal Democratic Party (LDP), which continues to hold power in the central government. Dr. Yamanaka is an Independent, while Hayashi is an LDP member.<\/p>\n
The LDP is pushing the three casinos resorts. The three licenses are likely to go to Osaka, Wakayama, and Nagasaki.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sega Sammy Group, best known in the US for its iconic arcade and video games, tells investors that it’s exploring potential entries into regulated online betting markets. In a recent investor update, Sega Sammy revealed that it’s considering new investment spaces. The revelation comes a little more than two months after Yokohama — the prefecture […]<\/p>\n","protected":false},"author":25,"featured_media":192076,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,3313],"tags":[],"acf":[],"yoast_head":"\n
Sega Sammy Mulling Online Gaming Markets Following Japan IR Exit<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n