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Tag Archives: Suncity group

Japan – Suncity withdraws from Wakayama IR leaving Clairvest in sole position

Canada-based Clairvest has been left as the only company in the race to be named the preferred operating partner for Wakayama’s bid to land one of three Integrated Resort casinos following the withdrawal of Asian junket investor Suncity Group from the tender. A decision was expected to be given by the prefecture on its winning…

Japan – Wakayama IR Promotion Council tells prefecture to speed up casino announcement

With the race for a casino licence only involving two competitors, the Wakayama IR Promotion Council wants the Wakayama government to announce its preferred partner as soon as possible. The competing developers Asian junket investor Suncity Group and Canada-based Clairvest have seen the selection date delayed several times already with spring this tear the current…

Japan – Wakayama sets its sights on casino unveiling in 2026

Asian junket investor Suncity Group and Canada-based Clairvest, the only two companies that have lodged proposals to develop a casino in Wakayama, located east of Osaka, have been told their IR would need to generate ‘significant economic and employment effects’ and ‘attract customers from within Japan in order to further develop the prefecture.’ It will…

Japan – Wakayama sets decision date of Autumn 2020 for IR hopefuls

Suncity Group, Bloomberry Resorts and Lucien Barrière will find out whether they have a future as a casino operator in the Japanese prefecture of Wakayama by Autumn 2020. That is of course if the national basic policy for Integrated Resorts bids is decided in January 2020. The tender of a licence in Wakayama, in the…

Vietnam – Phase one of Hoi An South Integrated Resort now underway

Suncity Group, most famed for being a Macau junket operator, has confirmed that phase one of Hoi An South Integrated Resort in Vietnam will boast a hat-trick of hotels with around 1,000 rooms, costing approximately US$500m. Construction of phase one started on April 23. The company is developing the resort in partnership with asset management…