CEO of Wynn Resorts Matt Maddox recently revealed that his company has formed a consortium with local partners as it looks to secure a Japanese casino licence. Coming eight years after starting the process, the consortium will investigate the suitability of multiple cities to host their Integrated Resort (IR) in the region.
While it is no secret that Wynn’s preferred location up to now has been Osaka, Maddox said that Wynn is looking at multiple cities who they think will be the best competitors in the bidding process.
Speaking the US news channel CNBC about the opening of their US$2.6 billion Encore Boston Harbor IR, he said, "it's the same thing that happened in Massachusetts – no-one targeted the Boston area because they thought it wouldn't happen. We did, and we won it."
Maddox is upbeat on their operations in the Greater Bay Area of Macau as they help the Macau government create more destinations for tourists and attracting more gamers into the area and is keen to point out that they employ more than 13,000 people in a business packed with fun and tourism - something Wynn is looking forward to replicating in Japan.
What do you think, will Wynn's consortium approach pay dividends in the long run or would a more focussed approach be better? Let us know your thoughts on Twitter or on our Facebook page where you can stay up to date with the latest industry news and all things Dragon related.