Galaxy Entertainment Group, a casino operator in Macau, ogether with its partner Monte-Carlo Société des Bains de Mer from Monaco have decided to drop out from the Yokohama’s Integrated Resorts project.
The operators had to submit Request For Proposal (RFP) to ensure for themselves a position in IR project in the country.
However, due to “world and business climate which has been exacerbated by the Covid-19 pandemic” the operators have considered dropping out of the bidding process altogether.
As per Gambling Insider, Galaxy Vice Chairman Francis Lui said: “We greatly appreciate the opportunity to play an active role in Yokohama’s IR selection process but have decided to not participate at this time. We will continue our dialogue to support Japan in achieving its goal to develop a sustainable and world-class IR industry.”
Other companies who have left the bidding process in the past include Las Vegas Sands and Wynn Resorts.