Genting Singapore Inc, previously identified as one of two eligible bidders during Yokohama’s request for an integrated resort offer (RFP) process, said it had put the effort on hold. The announcement came after newly elected anti-casino mayor Takeharu Yamanaka confirmed the Japanese metropolis would be “abolished” from Oct. 1, an office specially designated to promote casino plans.
Genting Singapore is the operator of Resorts World Sentosa Casino Resort in Singapore. The casino company connected with Japan-based entertainment and gaming giant Sega Sammy Holdings Inc. for its Yokohama project, and selected Japan-based Kajima Corp as its construction partner
“On September 10, 2021, we will announce that the City of Yokohama has decided to cancel the Yokohama IR bidding process, thereby suspending our participation in Yokohama IR bidding,” Genting Singapore said in a press release on Friday.
“We are surprised and disappointed by the unexpected turnaround leading to the City’s decision to cancel its Yokohama IR bid,” it added
Genting Singapore, along with its consortium and support partners, said it had made “significant time” and “best efforts” to prepare and submit a “strong bid” for the casino resort in Yokohama.
The group said the plan included significant investments “that benefit the city and the community of Yokohama and at the same time make Yokohama a global tourist destination.”
“The company supports and thanks all parties who contributed to the Yokohama IR bid and wishes the city of Yokohama good luck,” the casino company added.
Yokohama finalized its RFP submission period in June. Besides Genting Singapore, Melco Resorts and Entertainment, the venue operator in Macau and the Philippines, was cited as another contender for the competition.
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