• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 30 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Gaming consultant: Las Vegas Sands “did not leave Japan forever”

Ben Blaschke by Ben Blaschke
Fri 10 Jul 2020 at 05:36
Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

Tokyo, Japan

72
SHARES
1.5k
VIEWS
Print Friendly, PDF & Email

Las Vegas Sands will almost certainly return to Japan if it considers the potential IR operating environment has changed, with locally-based gaming industry consultancy firm Bay City Ventures suggesting the company “did not leave Japan forever.”

The observation formed part of an update on Japan’s IR timeline sent to Inside Asian Gaming on Thursday in which Bay City Ventures Managing Director Joji Kokuryo outlines potential changes to the central government’s timeline for accepting applications and how that might impact candidate locations and their operator partners.

While all eyes are currently fixed on the four locations to have confirmed their intention to develop an IR – Yokohama, Osaka, Wakayama and Nagasaki – Kokuryo says there remain a handful of potential game changers waiting in the wings, most notably Tokyo and Las Vegas Sands.

LVS, which had been focusing its energies on Yokohama, withdrew from Japan’s IR race in May, with Chairman and CEO Sheldon Adelson stating, “The framework around the development of an IR has made our goals there unreachable.”

That could yet change, according to Kokuryo.

“Every IR operator has their own plans with unique financial formulas and different levels of pure optimism,” he said. “If any [other companies] were to leave Japan, it would be due to their own accumulative business outlook and evaluation of the market.

“If it makes business-sense, Sands will for sure be back. They did not leave Japan forever.”

One potential lure for LVS could be Tokyo, where Yuriko Koike was last week re-elected in what may well prove to be a decisive moment in the city’s long-term IR plan. While Koike has yet to commit either way when it comes to a Tokyo IR bid, Kokuryo says her re-election means that “the Olympics (recently postponed until 2021) and the national timeline for the IR” will now be two of the main variables in her decision.

Kokuryo notes that, despite talk of potential delays to the central government’s national timeline, particularly given it has yet to release its IR Basic Policy, any such decision remains largely with the opinions of candidate sites.

“The central government, more specifically the Japan Tourism Agency which falls under the Ministry of Land, Infrastructure, Transport and Tourism, is currently in detailed dialogue with representatives of the candidate sites,” he said.

“They are continuously investigating the status of the local governments to make sure there are no hidden issues with the current timeline. This dialogue between the national and local sides aims to confirm the current schedule, but the possibility of a schedule change lies in the findings that these current investigations bring to the forefront.”

RelatedPosts

10 Years Ago: Next Stop Japan

Osaka-based forum to study the potential impact of MGM’s Japan IR on Korea’s casino industry

Wed 27 Aug 2025 at 05:40
A New Macau

Seaport: Sands China targeting US$1.5 billion in annual dividend payments

Fri 22 Aug 2025 at 05:23
Improved Okada Manila performance not enough to push Japan’s Universal Entertainment Corp back to profit in 2021

Japan’s Universal falls to US$69 million loss in 1H25 on Okada Manila underperformance

Sun 10 Aug 2025 at 12:56
Konami reveals strong growth for Gaming and Systems segment despite group-wide declines in 1H20

Konami’s Gaming & Systems suffers decline in in June quarter profits on competitive environment, rising tariff costs

Fri 1 Aug 2025 at 05:44
Load More
Tags: Bay City VenturesirJapanJoji KokuryoLas Vegas SandsSheldon AdelsonTokyoYokohama
Share37Share4
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

All your sports entertainment with SABA Sports – always fair and sharp since 1998.

All your sports entertainment with SABA Sports – always fair and sharp since 1998.

by Newsdesk
Fri 29 Aug 2025 at 18:57

CLIENT PROMOTION Since 1998, SABA Sports has stood as the trusted backbone of the world’s most respected sports betting brands. Built on real-time intelligence and operational excellence, we have earned our reputation as the definitive partner for leading operators worldwide....

Newly appointed Thai PM Paetongtarn Shinawatra expected to continue pursuit of legalized casinos

Thai casino bill dead in the water as Constitutional Court removes Prime Minister Paetongtarn Shinawatra from office

by Ben Blaschke
Fri 29 Aug 2025 at 18:44

Thai Prime Minister Paetongtarn Shinawatra has been removed from office for ethics violations after the Constitutional Court ruled 6-3 against her on Friday. She becomes Thailand’s sixth Prime Minister to be removed by a court or legal ruling since 2008...

Australia’s Star Entertainment Group says available cash halved in December 2024 quarter as liquidity crunch bites again

Star Entertainment Group falls to AU$471.5 million loss in FY25 as remediation, regulatory hurdles continue to bite

by Ben Blaschke
Fri 29 Aug 2025 at 07:38

Australia’s Star Entertainment Group has reported a statutory loss of AU$471.5 million (US$308 million) for the financial year ended 30 June 2025, impacted by a 29% year-on-year decline in group-wide revenue including a 37% fall in gaming revenue. Although the...

Resorts World Las Vegas – Lighting up the north

Recovery of VIP gaming business helps Genting’s Resorts World Las Vegas book improved revenues of US$180 million in 2Q25

by Ben Blaschke
Fri 29 Aug 2025 at 05:30

Resorts World Las Vegas (RWLV), the US flagship of Malaysian gaming giant Genting Berhad, saw revenues grow by 8% quarter-on-quarter to US$180 million and EBITDA by 80% to US$18 million in 2Q25, with the company pointing to improved hold and...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語