Wynn Resorts has clearly expressed its ambitions to launch a casino in Japan. The company has said that it would be building the world’s largest casino in Japan.
Recently, Japan launched a public consultation on the casino gambling industry and also released the basic IR policy.
In the first released basic IR Policy, the government has said that it will be evaluating the contenders on the basis of international competitiveness and also verify if the proposed facilities can host big conventions.
In an interview with Japan Times, President of Wynn Resorts Development Japan Chris Gordon said that they would go to any extent to develop a casino in the country.
“The government has set goals for the next 20 years to raise tourism to a very high level. We like that. It’s also a society that has had an interest in gaming. They certainly have gaming now, with pachinko, horses, and motorboats.”
Talking of the company’s plans Gordon explained, “In Osaka, it would be in between 2 (million) and 3 million sq. feet (186,000 to 280,000 sq. meters) for a MICE [meetings, incentives, conferences, exhibitions] facility. That’s probably eight times the size of (Encore Boston Harbor). This would be much larger than the investment in Cotai. But the reason we didn’t put an exact number on it is it’s very early, we still have a lot of design to do, a lot to learn.”
Osaka, Nagasaki, Wakayama, and Yokohoma are in the race to host an Integrated Casino Resort. According to analysts, the Japanese casino market would be the third-largest in the world only after Macau and Nevada.