Resort industry: US casino majors aiming to enter Japan: Trends of each company
Resort Industry: US Casino Leader
We explored the major players in Macau and Las Vegas.
In this article, we will introduce the world’s casino companies to those in the United States.
Las Vegas Sands: (LVS)
We operate eight resort facilities in Macau, Las Vegas, USA and Singapore.
It had sales of $ 13,739 million in 2019. Macau accounts for more than 60%.
Venetian Macao, which opened in 2007, is one of the largest and most popular.
Entry into Japan:
A Japanese IR stated, “In August 2019, we will postpone the bid for Osaka and focus on Tokyo and Yokohama.”
MGM Resorts International: (MGM)
MGM Resorts follows Las Vegas Sands in sales.
Revenue in 2019 was $ 12,899 million.
Together, Las Vegas (45%) and other areas (27%) account for more than 70% of the United States.
Macau is just over 20%, in contrast to the Las Vegas Sands.
Entry into Japan:
In Japan’s IR, “as of February 2020, we have partnered with ORIX to recommend Osaka only.”
Osaka Prefecture / Osaka City announced on February 14 that only one MGM / ORIX Consortium has applied for a public offering of IR companies in Osaka.
WYNN Resorts: (WYNN)
It has two towers in Las Vegas and Macau, Win and Encore.
In addition to luxury casino resort hotels,
Macau ” Win Palace ” opened in 2016,
Boston ” Angkor Boston Harbor ” opened in 2019
It owns and operates four luxury casino resort hotels.
Revenue in 2019 was $ 6,611 million, of which casinos accounted for 70%.
Entry into Japan:
Regarding Japan’s IR, he has stated that he is “willing to actively work with a view to Yokohama.”
Caesars Entertainment: (CZR)
A long-established store founded in Reno, Nevada in 1937.
It operates hotels and casinos under the names “CAESARS”, “HARRAH’S” and “HORSESHOE”.
Revenue for the January-September quarter of $ 6,573 million (half of which comes from casinos)
Entry into Japan:
Caesars has announced that it will withdraw from IR licensing activities in Japan in the summer of 2019.
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