Sega Sammy eyes $1b investment in Yokohama IR

Sega Sammy

Sega Sammy plans to spend Y120 billion ($1 billion) on its participation in an IR in Yokohama, which if successful is likely to open in the late 2020s, it said.

The firm formally submitted its request for proposal on Friday. The company, which operates Paradise Sega Sammy in South Korea, is teaming with Genting Singapore and other Japanese firms on the bid.

Company filing

Related Articles

Sega Sammy: Focusing on versatility and performance

Sega Sammy is seeing a patchy recovery in Asia’s markets, but says once social distancing measures are removed, there appears to be underlying pent-up demand. The company has been active with projects and product placements and is finding its stand-alone electronic table game product is highly suitable to the operating conditions imposed by Covid-19.
Sega Sammy

License duration seen as fatal flaw in Japan IR regulation

It may be a little early to write the obituary for Japan’s IR policy, but additional evidence was presented this past week about what could already be described as the biggest flaw in the design of Japan’s IR regulation—the short periods that IR licenses will be valid.
Prime Minister Yoshihide Suga and Yokohama’s IR Bid

Yokohama IR race likely down to Melco vs. Genting

As the dust settles from the withdrawal of multiple operators, it now appears that the Yokohama IR race effectively pits Melco Resorts against Genting Singapore.
Sega Sammy annual profit down over 90%

Sega Sammy annual profit down over 90%

Heavily impacted by the coronavirus pandemic, Sega Sammy Holdings reported that its profits for the April 2020-March 2021 were down over 90% from the previous year.

Sega Sammy pledges to combat anti-Asian hate in the United States

Sega Sammy Holdings has published social media messages including a pledge to contribute financially to groups opposing the rise of anti-Asian hate crimes in the United States.

Sega Sammy income down 51.8% in April-December 2020

Sega Sammy Holdings has released its financial results for the April-December 2020 nine month period, showing a 51.8 percent fall in operating income on a year-on-year basis.

Haruki Satomi assumes post of Sega Sammy group CEO

Haruki Satomi is the new group CEO of Sega Sammy Holdings, taking over from his father, Sammy Corporation founder Hajime Satomi. The former CEO will continue at Sega Sammy as chairman and representative director.

Sega Sammy to reorganize its group structure

Sega Sammy Holdings that it has decided to reorganize its group structure effective from the beginning of April. The firm explains that its purpose is “in order to build an even more efficient structure for the head office operations of the group.”

Hundreds apply for Sega Sammy voluntary retirement program

Sega Sammy Holdings has reported that hundreds of its employees have applied for the firm’s voluntary retirement program and they will be leaving the company at the end of February.
Sega Sammy Holdings unloads most of its amusement facilities

Creating the trends with Sega Sammy Creation

Sega Sammy is excited to announce two new games to its Standalone ETG “Maximum Fortune” series: “Roulette Maximum Fortune” and “Sic-Bo Maximum Fortune”. This series offers a proven game concept, in which players can create their own game history and game trends.