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Sands shifts focus to Tokyo in drive for first Japanese casino

Bloomberg
Bloomberg • 3 min read
Sands shifts focus to Tokyo in drive for first Japanese casino
(Aug 23): Las Vegas Sands Corp will focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, as Japan moves forward with plans to open facilities that allow gambling.
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(Aug 23): Las Vegas Sands Corp will focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, as Japan moves forward with plans to open facilities that allow gambling.

Sands said in a statement Thursday that it’s no longer interested in Osaka, long seen as the place where the country’s first casino resort may open. A maximum of three locations will be allowed under a law passed last year.

The US casino operator’s announcement came hours after Yokohama, located about 30 minutes south of Tokyo, formally announced it wants to take proposals for an integrated resort to be built on its Yamashita Pier. Hong Kong-based Galaxy Entertainment Group also issued a statement Thursday saying it was pleased with the progress in the Japanese market.

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