Don’t count Wynn Resorts out of the Japanese Integrated Resort (IR) competition just yet. The casino operator denies reports that they’ve abandoned the hunt, while a European operator is reported to be cutting back on their own efforts.
“Wynn Resorts continues to closely monitor the integrated-resort situation in Japan and views the country as a strong potential market,” Wynn told the Las Vegas Review-Journal newspaper.
Reports surfaced earlier this week that Wynn was bowing out of a potential Yokohama bid, but that doesn’t mean they aren’t still interested in Japan. It’s just Yokohama has too many issues, they write:
“While Wynn’s positive pursuit of an IR development in the country is undiminished, it will not be participating in the upcoming request-for-proposal process by the City of Yokohama, because there is not yet clarity regarding the post-COVID-19 international IR market nor the definitive national basic policy to meaningfully update our previously submitted plans and to complete, with the necessary detail, the documents published by the city.”