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Japan – Wakayama sets its sights on casino unveiling in 2026

By - 11 de janeiro de 2021

Asian junket investor Suncity Group and Canada-based Clairvest, the only two companies that have lodged proposals to develop a casino in Wakayama, located east of Osaka, have been told their IR would need to generate ‘significant economic and employment effects’ and ‘attract customers from within Japan in order to further develop the prefecture.’

It will make a decision on the chosen operator/developer in the spring and will apply for regional certification by April next year, with the aim of unveiling an IR property in 2026.

Wakayama wants to develop a casino on the artificial island of Marina City in Kemi, Wakayama City, with the operating licence lasting for 40 years. The project’s a focus must be on sports and well being, taking advantage of the waterfront location, hot springs, food culture and other local resources Wakayama famous for. It should offer exhibition and conference facilities with at least 100,000 square meters of hotels and a casino making up no more than three per cent of the project’s footprint.

Suncity has said it would spend between HK$30bn and HK$35bn (US$3.8bn to US$4.5bn) on an Integrated Resort in its Wakayama, in the Kansai region, on Honshū island’s Kii

O CEO da Suncity, Alvin Chau, disse que a visão era de um 'projeto único que combinasse a tradição histórica, a paisagem natural e a essência cultural da província de Wakayama'.

O Escritório havia dito anteriormente que mais de 20 operadores internacionais de RI da América do Norte, Europa e Ásia manifestaram seu interesse em um fórum de RI que atraiu o interesse de grupos operacionais incluindo Solaire, Lucien Barriere, Mohegan Gaming, Bloomberry Resorts e Galaxy Entertainment. O governo quer que seu RI tenha um hotel de 2,500 quartos com centro de convenções e sala de exposições. Marina City fica a cerca de 40 minutos de carro do Aeroporto Internacional de Kansai e a 70 minutos de carro de Osaka. A sua infra-estrutura já está bem desenvolvida com muitos hotéis e um parque de diversões baseado em paisagens urbanas medievais europeias.

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