{"id":88950,"date":"2018-09-25T07:00:15","date_gmt":"2018-09-25T14:00:15","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=88950"},"modified":"2018-09-25T05:46:47","modified_gmt":"2018-09-25T12:46:47","slug":"caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/","title":{"rendered":"Caesars, Melco, MGM, and Wynn Submit Japan Casino Plans to City of Yokohama"},"content":{"rendered":"

Japan\u2019s second-biggest city, Yokohama, has received 12 proposals for integrated resorts following a request for information (RFI) process that concluded on September 21, local newspaper, the Kanagawa Shimbun<\/em> reports.<\/p>\n

\"Yokohama
Yokohama is a firm favorite to win one of three Japanese integrated resorts licenses, but there is no guarantee it will even apply. A recent poll found that 97 percent of residents had negative viewpoints about a Yokohama casino. (Image: Japan Travel)<\/figcaption><\/figure>\n

Among the hopefuls are eight international operators, including and Caesars, Melco Resorts, MGM Resorts and Wynn Resorts, according to city officials. The remaining four were unnamed domestic property developers.<\/p>\n

The RFI in itself is no indication that Yokohama will submit a bid for one of the three available casino licenses, which have been created by the passage of Japan\u2019s IR bill at the end of the last legislative session.<\/p>\n

Rather, the city hopes the information it has received from prospective developers will help it make up its mind. The city asked companies to submit their proposals with particular focus the economic and social impact an IR would bring to the city, as well as to address concerns such as problem gambling.<\/p>\n

The city has offered no timeframe on a decision and Mayor Fumiko Hayashi claims to be a \u201cblank slate\u201d on the issue of a Yokohama casino.<\/p>\n

Public Against Yokohama Casino<\/strong><\/h2>\n

Yokohama, Osaka, and Tokyo<\/a> are firm favorites<\/a> to win licenses and the most desirable to casino operators, who are looking for host cities with the largest populations and strong transport infrastructure already in place.<\/p>\n

\n

Among those large populations, however, there is not a great deal of support for casinos. A poll of Yokohama residents published last month revealed a staggering 97 percent had negative feelings about the idea of an integrated resort in the city.<\/p>\n<\/div>\n

The city\u2019s business leaders are largely supportive. Last week, they used the platform of the annual Yokohama Business Council conference, to urge the municipal government to launch a license bid.<\/p>\n

\u201cWe are convinced that it will contribute to Yokohama\u2019s economic revitalization and the sustainable development,\u201d declared Morihiko Kawamoto, vice-president of the Yokohama Chamber of Commerce & Industry and president of the Kawamoto Industry Corporation.<\/p>\n

Opposition to Yamashita Pier\u00a0\u00a0 <\/strong><\/h2>\n

The most likely location for an integrated in Yokohama is Yamashita Pier and officials confirmed to the Kanagawa Shimbun<\/em> that two of companies had submitted proposals based in this location. However, the idea has been met with strong opposition from Yukio Fujiki, Chairman of the Yokohama Harbor Transport Association and there are suggestions that the municipal government is eager to find an alternative.<\/p>\n

Japan has the potential to quickly become the second biggest gaming market in the world after Macau, and for casino operators it represents the opportunity of a lifetime.<\/p>\n

Casino moguls like Melco\u2019s Lawrence Ho and LVS\u2019 Sheldon Adelson have vowed to invest $10 billion if they are presented with the right opportunity.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japan\u2019s second-biggest city, Yokohama, has received 12 proposals for integrated resorts following a request for information (RFI) process that concluded on September 21, local newspaper, the Kanagawa Shimbun reports. Among the hopefuls are eight international operators, including and Caesars, Melco Resorts, MGM Resorts and Wynn Resorts, according to city officials. The remaining four were unnamed […]<\/p>\n","protected":false},"author":36,"featured_media":88951,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,61],"tags":[],"acf":[],"yoast_head":"\nCaesars, Melco, MGM, and Wynn Submit Yokohama Casino Plans<\/title>\n<meta name=\"description\" content=\"Twelve companies have submitted Yokohama casino plans, including Caesars Entertainment, Melco Resorts, MGM Resorts, and Wynn Resorts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caesars, Melco, MGM, and Wynn Submit Yokohama Casino Plans\" \/>\n<meta property=\"og:description\" content=\"Twelve companies have submitted Yokohama casino plans, including Caesars Entertainment, Melco Resorts, MGM Resorts, and Wynn Resorts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/\" \/>\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=\"2018-09-25T14:00:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-25T12:46:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/yokohama.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/\",\"url\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/\",\"name\":\"Caesars, Melco, MGM, and Wynn Submit Yokohama Casino Plans\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/yokohama.jpg\",\"datePublished\":\"2018-09-25T14:00:15+00:00\",\"dateModified\":\"2018-09-25T12:46:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Twelve companies have submitted Yokohama casino plans, including Caesars Entertainment, Melco Resorts, MGM Resorts, and Wynn Resorts.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/caesars-melco-mgm-and-wynn-submit-yokohama-casino-plans\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/yokohama.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/yokohama.jpg\",\"width\":1200,\"height\":630,\"caption\":\"Yokohama is a firm favorite to win one of three Japanese integrated resorts licenses, but there is no guarantee it will even apply. 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