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No deal between Kamori Kanko and

For the first time since a press release was issued a year ago, Kamori Kanko has openly confirmed to Asia Gaming Brief that the reported investment agreement with a consortium led by the Shenzhen-based online sports lottery service provider, Sequoia Capital China, Vision Knight Capital, and SIG Asia Investments, was in fact never finalized.

Spokespeople for Kamori Kanko explained that “approached us in 2017 and we had several meetings with them, however at the end of day made a decision that they weren’t the right partners for us.”

They added, “This was a statement made by without our consent and at no point did we have any agreement with or others to pursue an IR bid.”

While the supposed agreement was widely reported last January in both the domestic and international media, Kamori Kanko made no effort to correct the public record.

“Our management at the time felt that notifying local government and was sufficient… We’ve put this behind us and are focused on getting the right messages out now.”

Concurrent with the Hokkaido IR Showcase, Kamori Kanko has publicly relaunched its IR proposal, sketching out a plan for a regional IR at the Rusutsu Resort Hotel and Convention Centre, which hosts more than 1.5 million visitors per year. did not respond to Asia Gaming Brief’s inquiry about the issue.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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