Later this week, an event will be held in Yokohama, Japan, designed to provide stakeholders with all the information they may need to help the huge city secure one of three licenses to open an integrated casino resort in the country.
According to a report from Inside Asian Gaming, the world’s first Japan IR Expo is set to kick off Wednesday at the 287,960-square-foot Pacifico Yokohama Convention Center and will include a series of exhibitions and workshops for anyone looking to enter the nascent Japanese casino market.
Meet and greet
Inside Asian Gaming announced that the two-day extravaganza is being organized by the Integrated Resort Yokohama Promotion Council in partnership with local trade show specialist Innovent Incorporated. The event expects to welcome up to 10,000 attendees, providing them with an extensive catalog of networking opportunities and product demonstrations.
Innovent Incorporated said in an official statement:
Immersion in the all-inclusive resort market is starting to become a reality, resulting in high demand for trade fairs in the business community. We will be holding an exhibition with all the products and services needed to create an integrated Japanese resort under one roof.
The Japan IR Expo will be attended by many foreign casino operators, including:
- Wynn Resorts Limited,
- Las Vegas Sands Corporation,
- Genting Malaysia Berhad,
In addition, the event will be attended by representatives of local tech giants, such as:
- Panasonic Corporation,
- Fujitsu Limited,
- Mitsubishi Electric Corporation.
The future of the country’s gambling business
Although much of gambling is currently banned in Japan, Prime Minister Shinzo Abe’s coalition government passed legislation in July 2018 that a nation of about 126 million people licenses three integrated Las-style casino resorts. Vegas. The establishments will feature:
- extensive gaming halls.
The process could be completed by the end of next year, and Yokohama hopes to win the right to locate such properties on a 116-acre plot of land near Yamashita Park.
However, Yokohama faces stiff competition from many other communities, including the likes of Osaka and Sasebo, and is reportedly looking forward to the upcoming Japan IR Expo to provide more information on its plan to provide even more support at local and international levels.