As we have reported on previously, the $multi-billion Integrated Resort (IR) industry is growing at a phenomenal pace, and there are no signs of this pace slowing anytime soon. With Japan announcing the formation of a committee to review and develop IR investment in the region, locations are positioning themselves as IR investment hotspots. Osaka is often in the news as a preferred IR location, however there are seven other locations in contention for the coveted IR accreditation. To keep Osaka in the limelight, its governor, Hirofumi Yoshimura made a recent announcement that they need an IR operator as early as next month due to the need for the facility to expand to Yumeshima island by Spring.
With the expansion within IRs to include fine dining, world-class entertainment, luxury goods and fantastic accommodation, VIP Gamers / High Rollers often wish to stay to experience the premium facilities on offer. As many are frequent travellers, they need to break free from the hassles (and high fees) of cross-border transactions. This is where Dragon Coin comes in by providing a fantastic solution for anyone who needs to benefit from seamless, fast transactions with low fees. Dragon Blockchain Innovation makes sure that integrated resorts who adopt it can offer customers a payment system that is fast, secure and frictionless. As many IRs are chains which operate in different countries, the use of DRG could reduce costs for them and their customers and additionally it could help increase customer retention.
The quest for IR operation in Osaka has been lively: initially, seven contenders were interested in the city but so far, four of them withdrawn to focus on other areas. Caesars Entertainment decided to quit on Japan, while Wynn Resorts, Las Vegas Sands and Melco Resorts and Entertainment shifted their focus on different locations. The remaining contenders are mainly from MGM Resorts International consisting of Orx group, Genting Singapore and Galaxy Entertainment group.
With the radical changes that are taking place in the IR industry, the sky is the limit – simply head over to Dragon Blog to find out more, and if you’d like to experience the same technology that VIP Gamers use, download your very own Dragon Social Wallet now.