Genting Singapore committed to Yokohama IR

Operator confirms it remains engaged in the process of working with the local government on its IR plans.

Japan.- Genting Singapore Ltd, operator of the Resorts World Sentosa casino resort in Singapore, has confirmed it remains interested in building an integrated resort in Yokohama.

The news comes as the same that that Yokohama Mayor announced the city’s IR schedule has been pushed back by two months due to the Coronavirus outbreak.

The company revealed its intentions in its annual report and highlighted that it is still “engaged in the ongoing request for concept (RFC) by Yokohama city.”

“All efforts and resources [are going to be focused] in delivering a compelling proposal which will make Yokohama a must-visit tourism destination with particular prominence for meetings, incentives, conferences and exhibitions (MICE) business and for leisure,” Genting added.

Yokohama expects to publish its basic IR policy to August when it will also open its request-for-proposal phase for prospective commercial partners.

A maximum of three casino resorts will be permitted in Japan under the first phase of market liberalisation.