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Europe’s Partouche Group announces termination of Japan IR partnership with Oshidori – three months after the fact

European casino operator Partouche Group issued a press release on Monday confirming it has “terminated its partnership with Oshidori International Holdings Limited” for an integrated Resort project in Nagasaki, Japan.

The timing of the release is unusual given it comes almost three months after the partnership was ended on 19 May 2020.

Oshidori has since reaffirmed its own commitment to developing a Nagasaki IR with the 9 June appointment of former MGM Resorts boss Alex Yemenidjian as Chairman and CEO of its subsidiary, Oshidori International Development Ltd, to lead the company’s Japan bid.

Partouche Group, which operates 42 casinos in Europe as well as hotels, restaurants, spas and golf courses, said it “remains attentive to the evolution of IR development projects and remains interested in having the opportunity to participate in one of them.”

It remains to be seen whether Partouche will try to find another opportunity in Japan and whether Oshidori will look for another operator partner or perhaps go it alone now that Yemenidjian is steering the ship.

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