Technology

Casino Chains are in Floyd Mayweather's Plans

Floyd Mayweather, a retired American boxer, intends to construct numerous casino resorts in Japan to serve as venues for boxing bouts. The essential details are:

SymClub
May 18, 2024
3 min read
Newsonlinecasinosgermany
Mayweather has achieved everything as a boxer, now he wants to combine his sport with the casino...
Mayweather has achieved everything as a boxer, now he wants to combine his sport with the casino business.

Attention!

Limited offer

Learn more

Casino Chains are in Floyd Mayweather's Plans

The former American boxer Floyd Mayweather (42) is apparently planning to create several casino resorts in Japan. The opening of his first casino is said to coincide with a legendary rematch against Manny Pacquiao (40). Presently, the Japanese casino market is undergoing a transformation. Is the idea of the previous WBC and IBF champion believable?

"Untouched Market"

Mayweather, as per his own declarations, intends to establish his own "casino empire" in Japan soon. His business-related activities in Tokyo are crucial for this strategy. The multiple-time world light middleweight champion recently traveled there often for various marketing campaigns, including the introduction of his brand "The Money Team." Additionally, a partnership between the management company Libera and the Kyoei Boxing Hall was declared.

Thus, Mayweather pronounced Japan as an "unexplored market" suitable for his future plans. He alluded to utilizing the gambling establishments to host several boxing events. The boxer is not excluding the possibility of a return to the ring himself. The 42-year-old might consider a historic re-match against his 40-year-old competitor Manny Pacquiao for launching his first casino. The two athletes had recently encountered in Tokyo.

This resulted in an online exchange, where both fighters confirmed their readiness for another pro competition in the ring. Mayweather highlighted that Japan would be an ideal location for such a contest, particularly as Pacquiao has never fought outside the USA before. Mayweather shared with the British newspaper The Sun:

"Talks are ongoing, although it's not confirmed yet, my opponent could be a kickboxer or MMA fighter. It makes sense considering I am purchasing a residence in Tokyo so I wouldn't have to keep traveling between the US and Japan."

Popularity of Mayweather in Japan

Mayweather's notion is endorsed by the Japanese media, including Hong Kong-based boxing promoter Jay Lau, who openly voiced his support. In connection to Mayweather's past norms, such as his battles against UFC superstar Conor McGregor or the Japanese martial artist Tenshin Nasukawa, Lau underlined his popularity in Japan:

"We achieved the largest audience ever, and Mayweather's bouts were telecast on Japanese TV. His contests always secured top ratings. A Manny re-match is the best scenario. I'm hoping it occurs. It could be a remarkable occasion marking the commencement of a Japanese casino."

From the Ring to the Casino?

It is still an assumption that Mayweather's supposed comeback will indeed be tied to the opening of a casino resort. However, it is certain that Floyd Mayweather is a figure of record whose actions have always surpassed his words during his sporting career.

The Michigan septuagenarian athlete was WBC world champion in five classes, viz. super featherweight, light-welterweight, half-welterweight, welterweight, and half-middleweight, as well as IBF world champion at welterweight. Lately, Mayweather held the champion distinction of the three most significant organizations at welterweight, in addition to the WBA and WBC at half-middleweight. As a junior pugilist, he also procured three National Golden Gloves and a bronze medal at the 1996 Olympic Games.

Mayweather's success story involves 50 victories in his professional fights—27 of them by a decisive knockout. Based on various credible sports magazines, Mayweather boasts the status of earth's greatest boxer. If that was not impressive enough, he previously occupied the position of the highest-earning athlete in 2012, 2014, 2015, and 2017. The boxer has proclaimed himself as the "best boxer of all time" on several occasions. We have to wonder if Mayweather has bitten off more than he can chew in the casino arena.

Japan's Evolving Casino Market

The boxer's enthusiasm for the Japanese casino market is not random: the country is currently in the throes of a transition phase. Commencing 2020, Japan will grant casino licenses for three locations, with major cities like Tokyo, Osaka, and Okinawa among the frontrunners. According to Mayweather, he is also interested in Okinawa, but the market is already being surfaced by seasoned international corporations.

Major gaming firms, particularly from the USA, such as MGM Resorts, Caesars Entertainment, Hard Rock, and Mohegan Sun, have already established a presence. In this context, Las Vegas Sands, a Nevada-based industry titan, expressed an interest in Tokyo and Yokohama.

It is now unclear whether an athlete like Floyd Mayweather would even stand a chance against the financially powerful gambling conglomerates. Mayweather has to submit his business plan to a new casino oversight authority for review prior to the last licences being doled out.

Read also:

Source: www.onlinecasinosdeutschland.com

Attention!

Limited offer

Learn more