• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 5 September 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

Suncity Group withdraws from Japan IR race

Newsdesk by Newsdesk
Wed 12 May 2021 at 18:19
Suncity launches Japanese website, unveils Wakayama IR concept

A rendering of Suncity Group’s former Wakayama IR proposal.

145
SHARES
3.6k
VIEWS
Print Friendly, PDF & Email

Suncity Group has withdrawn from the race to develop an integrated resort in Wakayama, Japan.

In a statement, Suncity CEO Alvin Chau said, “Due to the COVID-19 pandemic, the uncertain situation surrounding a huge numbers of companies around the world may continue for a long time, and the IR project procedure in Japan also is expected to take much longer. Therefore, we have considered the risks to our business and the fact that things are still uncertain and have decided to withdraw.

“In Japan’s IR business, I had the opportunity to propose a concept in Wakayama. For the efforts and contributions of the IR team consisting of specialist consultants from Japan, Hong Kong and Macau, and the support and cooperation so far, we would like to express our sincere gratitude to all concerned parties and local residents for their kindness.”

Suncity was one of two candidates in Wakayama, the other being Clairvest Neem Ventures (Tokyo) – a subsidiary of Canadian investment firm The Clairvest Group.

Wakayama had been due to announce its winning candidate in mid-April but said at the time it was delaying the decision until the end of the month. As of today, no such announcement had been forthcoming.

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
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
In the crosshairs

Fitch: No clear near-term recovery path for Philippines integrated resort Okada Manila

Wed 30 Jul 2025 at 06:08
Load More
Tags: JapanSuncity GroupWakayama
Share58Share10
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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
NWR

Related Posts

MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

by Ben Blaschke
Fri 5 Sep 2025 at 06:45

Macau’s notoriously aggressive promotional environment has settled into a rhythm, according to MGM Resorts CEO and President Bill Hornbuckle – despite competition in the premium gaming segments rising as former junket players return to the city in swathes. Hornbuckle discussed...

AGEM Index up 14.4% in October on Aristocrat, Light & Wonder stock price gains

AGEM Index grows 5% in August as Konami, Aristocrat show strong stock performance

by Newsdesk
Fri 5 Sep 2025 at 05:56

The AGEM Index – a monthly stock performance guide comprising 10 global gaming suppliers – grew by 5.0% month-on-month or 93.66 points to 1,983.73 points in August, with Konami seeing the largest positive contribution. Konami had only last month been...

A New Macau

Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast

by Ben Blaschke
Fri 5 Sep 2025 at 05:40

Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248 billion (US$31.8 billion) – revised upwards from its previous forecast of MOP$237 billion (US$29.3 billion). In a note, Jefferies...

Ciarán Carruthers: Crowning glory

Crown Resorts rolls out AI to improve player protection abilities

by Newsdesk
Fri 5 Sep 2025 at 05:37

Australia’s Crown Resorts is rolling out artificial intelligence (AI) technology across its gaming floor with a view to better identifying risk distribution among its guests and allowing these risks to be identified and addressed to enhance player protection. The GameScanner...

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