May 18 (Nikkei) - Galaxy Entertainment Group will not participate in developing a proposed casino resort in Yokohama, the Macao-based operator said Monday, citing the impact of the coronavirus on the business environment.
After careful consideration, Galaxy decided against taking part in the request for proposal process for an integrated resort in Yokohama, the company said. The RFP process ended Monday.
But Galaxy said it remained interested in operating such resorts in Japan.
Japan legalized the operation of casinos at integrated resorts -- large commercial complexes that include hotels and conference centers -- in 2018. Galaxy had been in talks with local Japanese authorities over the past few years regarding such opportunities, but also decided not to proceed in Osaka in February 2020.