Thursday, November 23, 2017

Caesars Eyes Japan Expansion with Two Casino Resort Plans


Major hotel and casino operator Caesars Entertainment Corp. has presented two plans for the development of integrated resorts in two Japanese cities. The company revealed earlier this year that it would look to extend its global footprint to the Pacific Ocean island nation.
Last month, Caesars’ main operating unit finally exited bankruptcy protection after more than two and a half years. The major operator said previously that geographical expansion would take an important role in its post-bankruptcy growth strategy. Aside from Japan, the company also eyes expansion in Canada and Brazil.
During a recent visit to Japan, Caesars’ Executive Vice President Jan Jones Blackhurst revealed that the operator is particularly interested in building an integrated resort either in Osaka or in Tomakomai. Similarly to other casino executives, Ms. Blackhurst said she believes Japan has the potential to turn into a major gambling destination. She further noted that the country actually offers better access to popular tourist destinations than Las Vegas, for example, which is located in a Nevada desert area.

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