In recent weeks, Nagasaki may have gained a step on Wakayama, which is likely its main rival to secure an IR license.
The Wakayama Prefectural Government announced on Thursday that both the Suncity Group and the Clairvest Group have qualified to participate in its RFP process. The two applicants will have until August 31 to submit all of their paperwork and proposals. Wakayama is expected to select its consortium partner around mid-November if there are no delays […]
When the Wakayama Prefectural Government announced the participants in its RFP process, there were surprisingly only two company names on the list—Suncity Group and Clairvest Group. Suncity had previously made clear that it intends to be an IR operator in Japan, but Clairvest had previously indicated that its intention was to participate as a key […]
IR operators that have been hoping that Hokkaido would revive its IR bid appear to be concluding that it is time to throw in the towel. The first of the three interested operators to shut down its operation in Tomakomai, Hokkaido, was Mohegan, which shuttered its local office at the end of February. Now it […]
On November 29 of last year, Hokkaido Governor Naomichi Suzuki announced that his prefecture would not be participating in the IR race, citing the several years it would take to complete environmental preparations at the Tomakomai site. However, parts of the Japanese media are reporting that, in fact, not only is Hokkaido actually still in the race, but that they are being sized up as one of the three eventual winners.
Hokkaido Governor Naomichi Suzuki is expected to announce on Friday that his prefecture will not be going forward with an IR bid, abruptly ending what had seemed to many the strongest IR initiative within Japanese regional markets.
It would appear that the competition to partner with the Tomakomai municipal government has now narrowed down to six serious suitors—Caesars Entertainment, Hard Rock International, Mohegan Sun, Rush Street, Clairvest, and Foxwoods.
With an event in Tokyo on the 7th and another in Nagasaki on the 14th, the RFI process is now underway for the Huis Ten Bosch theme park site in the prefecture’s Sasebo city. There are now two Japanese local governments that have moved into this phase, the first being Tomakomai, Hokkaido, which launched its […]
Toronto-based private equity company Clairvest has posted a net loss for fiscal Q1 of C$11.6 million ($9.1 million), or $0.76 a share, after accounting for potential losses in an investment in Indian online rummy company, Ace2Three. The group said it had included a $1.00 per share unrealized loss in Ace2Three, which was shut down for […]
The Tomakomai city government, on Japan’s northern island of Hokkaido, is reaching out to international IR operators from this month with the objective of compiling its “Tomakomai IR Master Plan” by the end of March 2018. These efforts will include a survey of the intentions of IR operators as concerns investment in their city as […]
Hokkaido Governor Naomichi Suzuki's decision to drop out of the Japan IR race represents the collapse of the strongest IR initiative outside of the Kansai and Kanto regions.