{"id":23136,"date":"2021-09-30T13:39:59","date_gmt":"2021-09-30T16:39:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23136"},"modified":"2026-04-23T15:09:48","modified_gmt":"2026-04-23T18:09:48","slug":"wakayama-clairvest-partners-with-caesars-entertainment","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wakayama-clairvest-partners-with-caesars-entertainment","title":{"rendered":"Wakayama: Clairvest partners with Caesars Entertainment"},"content":{"rendered":"\n

Clairvest Neem Ventures has partnered with Caesars Entertainment as part of its proposed IR development in Wakayama.<\/p>\n\n\n\n\n\n\n\n

Japan.- Caesars Entertainment <\/strong>has announced that it will partner with Clairvest Neem Ventures to be part of its planned IR development in Wakayama. <\/p>\n\n\n\n

In July, the Wakayama Prefectural Government approved Clairvest Neem Ventures\u2019 consortium<\/a>\u00a0as its partner for its planned integrated resort. Clairvest<\/a>\u00a0has partnered with\u00a0Groupe Partouche SA<\/strong>\u00a0and\u00a0AMSE Resorts Japan Co to form a consortium for its bid.\u00a0<\/strong><\/p>\n\n\n\n

In 2019,\u00a0Caesars Entertainment<\/a>\u00a0had expressed interest in developing an integrated resort in Osaka, but the company finally withdrew from the process.<\/p>\n\n\n\n

Eddie Woo, representative director of Clairvest Neem Ventures, said: “We are thrilled to partner with Caesars Entertainment. Caesars and CNV share a common vision for Japan’s national IR program.”<\/p>\n\n\n\n

Tom Reeg, Caesars CEO, said: “Caesars is an iconic brand, and we are proud to partner with CNV to bring it to Japan. We believe our experience blends perfectly with CNV’s and look forward to creating something special with them for the Kansai region.”<\/p>\n\n\n\n

The initial investment in the IR development will be JPY470bn (US$4.3bn). The Wakayama Prefectural Government hopes to\u00a0open an integrated resort by 2026<\/strong>. It must submit its area development plan to the national government for approval by April 28, 2022.<\/p>\n\n\n\n

Groupe Partouche SA is a French casino operator. AMSE is a company connected to\u00a0William Weidner<\/strong>, former president and CEO of Las Vegas Sands.<\/p>\n","protected":false},"excerpt":{"rendered":"

Clairvest Neem Ventures has partnered with Caesars Entertainment as part of its proposed IR development in Wakayama.<\/p>\n","protected":false},"author":176,"featured_media":18574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Clairvest Neem Ventures has formalized a strategic partnership with Caesars Entertainment for its proposed JPY470bn (US$4.3bn) Integrated Resort (IR) development in Wakayama, Japan. This consortium, which also includes Groupe Partouche SA and AMSE Resorts Japan Co, aims for a 2026 opening, contingent upon national government approval of its area development plan by April 28, 2022.","focusai_entities":"Clairvest Neem Ventures, Caesars Entertainment, Wakayama Prefectural Government, Groupe Partouche SA, AMSE Resorts Japan Co, Eddie Woo, Tom Reeg, William Weidner, Las Vegas Sands","focusai_location":"Wakayama, Japan, Osaka, Kansai region, France","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.93), investor_analyst (0.96), supplier_vendor (0.78), journalist_researcher (0.94)","focusai_suggestions":[{"label":"IR Governance Frameworks?","query":"What specific governance frameworks and regulatory compliance measures will be implemented for the Wakayama IR to ensure operational integrity and public trust?"},{"label":"Capital Expenditure & ROI?","query":"How will the JPY470bn capital expenditure be financed, and what are the projected GGR, NGR, and return on investment timelines for this integrated resort?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23795,23931,23632],"class_list":["post-23136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-caesars-entertainment","tag-clairvest-neem-ventures","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=23136"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23136\/revisions"}],"predecessor-version":[{"id":23183,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23136\/revisions\/23183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18574"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}