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Mohegan teams up with Oshidori for Nagasaki IR Tilt

Mohegan Gaming & Entertainment (MGE), the business division of Mohegan Sun, announced that it has teamed up with one of the candidate companies to build an integrated casino (IR) facility in Japan.

Nagasaki IR Joint Offering

Mohegan has partnered with Oshidori International Development Godogaisha, a subsidiary of Hong Kong-listed Oshidori International Holdings, one of 4 companies in addition to Japanese Current Corp. , Casinos Austria International Holding GmbH and Tokyo-listed Pixel Companyz Inc, which initially expressed an interest in the IR project. Upon approval, an IR center would be built in the city of Sasebo in Nagasaki Prefecture on Kyushu Island.

"We are honored to partner with Oshidori International and leverage the unparalleled experience of their team in this IR licensing offering in one of the fastest growing markets in the world."

Mario Kontomerkos, President and CEO of MGE

Earlier this month, the prefecture revealed potential interest expressed by 3 other unnamed companies, bringing the total number of candidates to work with the prefecture to 7 so far as the Nagasaki Prefecture bid selection process is scheduled to take place in the summer and fall in 2021.

"Through our joint offer, we aim to highlight the rich culture and diversity of the Nagasaki area and expect the positive impact that this project will have on the entire Kyushu (island) region."

Alejandro Yemenidjian, President and CEO, Oshidori International Development

Build an IR Casino and intensify your travel efforts

In addition to the "groundbreaking development opportunity" of building a world-class integrated resort, the collaboration between MGE and Oshidori also aimed to create a dynamic community for the prefecture to support its efforts to become an attractive travel destination, Mohegan's statement read.

“Japan offers important growth opportunities that will benefit Kyushu's economy. Our growth strategy includes significant cross-marketing opportunities between Project Inspire in Korea and Kyushu in Japan. "

Mario Kontomerkos, President and CEO of MGE

Mohegan's South Korean business venture, Inspire Entertainment Resort in Incheon, suffered a major setback due to the impact of the coronavirus on the global casino industry, which halted construction of the Midan City center in partnership with Caesars Entertainment and the Inspire Resort.

As operators of multiple casinos and hospitality facilities, including Mohegan Sun in Connecticut, Inspire Entertainment Resort in South Korea, and Niagara Casino and Fallsview Resort Casino in Niagara, Canada, MGE is sure to bring its expertise to the new venture, Kontomerkos MGE. finished.

MGE's announcement of the merger of tilt on the IR project in Japan was the second attempt by a tribal gaming entity in Connecticut to expand beyond the state.

Last week, the owners of Foxwoods Resort, the Mashantucket Pequot tribe, announced a partnership to reopen the historic El San Juan Casino at the Fairmont El San Juan Hotel in Puerto Rico.

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