Tight said that Caesars is ready to invest and do whatever it takes to build a “uniquely Japanese” integrated resort, answering to a question about the company’s planned investment in the Asian country.
Las Vegas Sands, one of the biggest rivals of the gaming giant, has previously said that it was planning to spend up to US$10 billion to build a resort in Japan. MGM Resorts International, another major gaming and hospitality company hailing from Las Vegas, has recently revealed a US$9.2 billion investment plan.
Tight said that they considered it a bit too early to provide an exact amount, but it seems that Caesars would not spare funds and effort for the purpose of developing an attractive destination.
The company’s executive further pointed out that one of the biggest challenges before all interested companies would be to educate the Japanese population about the nature of integrated resorts.
According to Tight, residents of the country are a bit suspicious of the integrated resort concept as it is absolutely new to Japan. He went on to say that Caesars will do its best to explain the model and dispel the misconception that casino gambling represents the larger portion of integrated resorts, while gaming facilities actually occupy a very small part of such properties.
Source: GMB / Casino News Daily / GGR Asia
