The boss for American casino operator, Wynn Resorts Limited, has reportedly detailed that his firm has already established a consortium in hopes of winning the right to build and operate one of the three integrated casino resorts coming to Japan and that this entity is currently investigating the attractiveness of multiple locations.
According to a report from GGRAsia, Matt Maddox (pictured) serves as President and Chief Executive Officer for the Las Vegas-headquartered firm and made these revelations during a Thursday interview with American television broadcaster CNBC. The 42-year-old executive did not disclose the identities of the consortium partners but did claim that the syndicate is among the best to be involved in the Japanese casino licensing process.
Wynn Resorts Limited is responsible for a pair of Las Vegas casinos and is planning to open its $2.6 billion Encore Boston Harbor facility in the eastern Massachusetts community of Everett from Sunday. The operator also operates the Wynn Macau and Wynn Palace Cotai properties via its Wynn Macau Limited subsidiary and last month officially entered the seven-horse race to be selected as the operator of choice for an envisioned Osaka integrated casino resort.
Maddox reportedly stated…
“We are looking at multiple cities. So, we’re not just saying we’re going only after one city. What I love about our strategy in Japan is we are known as the high-quality operator. What we deliver is excellence.”
Wynn Resorts Limited had earlier explained that it would be prepared to spend upwards of $4.4 billion of its own money to bring an integrated casino resort to Japan although the final cost for the entire consortium could eventually top $10 billion. Maddox moreover declared that his firm had been looking into the possibility of opening a Japanese venue ‘for eight years’ but prefers not to publicize its efforts in favor of keeping ‘a little more low-profile.’