Wynn still interested in Japan, despite dwindling options

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.”