Wynn targets three Japanese cities for future casino market

Speaking to Nikkei Asian Review, Wynn Chairman and CEO, Steve Wynn, said: "To do what we do, we have to make very big investments. All of these factors together mean that the only place we can go with our program is to great cities with a great culture. In order to recruit staff, train staff, have access to supplies that are associated with resorts of the highest quality, you must be in a city, in a country that can support such a place. Tokyo, Osaka, Yokohama are such places.”

Wynn also warned the government of the problems caused by restrictive regulation. "Rules and regulations make the difference between success and failure. The government is always a partner in this business. In designing the regulations and the law, the government can make it possible for great success in the building or they can make it difficult.

Wynn also broached the subject of Japan’s opening its market for a regulated gambling industry. The country is currently in the midst of discussions regarding the introduction of a new piece of legislation to regulate its gambling market. Local Japanese media outlets recently reported that the Liberal Democratic Party has already settled on a deal with political partner Komeito in an effort to push through the Integrated Resort Implementation Bill at the next session of the Japanese parliament, which is to take place this fall.