{"id":77708,"date":"2018-05-15T09:00:04","date_gmt":"2018-05-15T16:00:04","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=77708"},"modified":"2018-05-15T07:10:56","modified_gmt":"2018-05-15T14:10:56","slug":"connecticut-tribal-operators-stake-claim-for-future-japanese-casino","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/","title":{"rendered":"Connecticut Tribal Operators to Compete for Future Japanese Casino"},"content":{"rendered":"

Connecticut\u2019s two tribal operators, the Mohegans and the Mashantucket Pequots, may be collaborating on a proposed casino in the north<\/a> of their home state, but when it comes to Japan, they will be going head to head in what is likely to be a fierce bidding process for a very limited number of licenses.<\/p>\n

\"Japanese
Mohegan Gaming and Entertainment CEO Mario Kontomerkos told the Japan Gaming Conference that his company would create tourism synergy between a future Japanese casino resort and the $5 billion development it\u2019s building at South Korea\u2019s Incheon Airport. (Image: Indianz.com)<\/figcaption><\/figure>\n

Representatives of both Mohegan Gaming and Entertainment and Foxwoods were in Tokyo on Friday for the Japan Gaming Conference, each stating their intention to compete for one of three (or possibly five<\/a>) casino licenses.<\/p>\n

Japan voted to legalize casinos in late 2016 and the Integrated Resorts (IR) Implementation Bill \u2013 which will provide a framework of regulation for the casinos \u2013 is currently being debated in parliament.<\/p>\n

The future market has the potential to be the second-biggest in the world, after Macau, and US gaming giants like Las Vegas Sands and MGM Resorts International will be vying for a piece of the market.<\/p>\n

Turning on the Charm<\/strong><\/h2>\n

CEO of Foxwoods Felix Rappaport\u00a0told Inside Asian Gaming<\/em>\u00a0that Mashantucket Pequots were undeterred by the contest ahead.<\/p>\n

\u201cWe know it is a very competitive environment and we also know our limitations,\u201d he said. \u201cAre we the biggest gaming company in the world? Absolutely not. But we think we bring certain advantages that perhaps other companies don\u2019t have.<\/p>\n

\u201cWe are all about partnerships,\u201d he continued. \u201cWe are the ultimate in respectful partners so when we come to Japan or to a particular target area for an IR we want to partner with people. We want local companies and local investment partners to work with us.\u201d<\/p>\n

Japan is Just Like Connecticut<\/strong><\/h2>\n

Meanwhile, Mohegan Gaming and Entertainment CEO Mario Kontomerkos, was given in the opportunity to pitch for potential partners during a presentation at the conference and said he saw many similarities between Japan and his home state.<\/p>\n

\u201cLike Connecticut, the regional markets of Japan are four-season markets, meaning that a special kind of expertise is required to drive visitation, both in the winter snows and the summer heat,\u201d he said, as reported by GGR Asia.<\/em><\/p>\n

We never forget about our own community. The Mohegan tribe is a government entity; not a publicly-traded corporation. This is a very, very important distinction. Like the governments in Japan, we are required to plan, to provide for our constituents in a very long-term manner: not just for the next quarter, not just for the next year, but in fact for\u2026 generations.\u201d<\/p><\/blockquote>\n

Kontomerkos said there was synergy between the $5 billion integrated resort project his company is developing in South Korea and a future resort in Japan. He promised to create \u201ctourism synergy\u201d between the two resorts and the two nations \u201cthat will be unmatched in all of Asia.\u201d<\/p>\n

Thus, Inspire is a $5 billion-dollar investment not in just Korea, but in all of northern Asia, including Japan, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Connecticut\u2019s two tribal operators, the Mohegans and the Mashantucket Pequots, may be collaborating on a proposed casino in the north of their home state, but when it comes to Japan, they will be going head to head in what is likely to be a fierce bidding process for a very limited number of licenses. Representatives […]<\/p>\n","protected":false},"author":36,"featured_media":77709,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,13592],"tags":[],"acf":[],"yoast_head":"\nConnecticut Tribal Operators Stake Claim for Future Japanese Casino<\/title>\n<meta name=\"description\" content=\"Connecticut tribes, the Mohegans and Mashantucket Pequots, launch a charm offensive at the Japan Gaming Conference as they each look to compete for a Japanese casino license.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Connecticut Tribal Operators Stake Claim for Future Japanese Casino\" \/>\n<meta property=\"og:description\" content=\"Connecticut tribes, the Mohegans and Mashantucket Pequots, launch a charm offensive at the Japan Gaming Conference as they each look to compete for a Japanese casino license.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-15T16:00:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-05-15T14:10:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/05\/mario.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1068\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/\",\"url\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/\",\"name\":\"Connecticut Tribal Operators Stake Claim for Future Japanese Casino\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/05\/mario.jpg\",\"datePublished\":\"2018-05-15T16:00:04+00:00\",\"dateModified\":\"2018-05-15T14:10:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Connecticut tribes, the Mohegans and Mashantucket Pequots, launch a charm offensive at the Japan Gaming Conference as they each look to compete for a Japanese casino license.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/connecticut-tribal-operators-stake-claim-for-future-japanese-casino\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/05\/mario.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/05\/mario.jpg\",\"width\":1600,\"height\":1068,\"caption\":\"Mohegan Gaming and Entertainment CEO Mario Kontomerkos told the Japan Gaming Conference that his company would create tourism synergy between a future Japanese casino resort and the $5 billion resort it\u2019s building in South Korea\u2019s Incheon airport. 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