Hong Kong-listed investment holding firm Oshidori International Holdings Ltd. has appointed Alejandro Yemenidjian as a non-executive chairman and non-executive director.
Yemenidjian will also serve as chief executive of Oshidori International Development Ltd., a company subsidiary charged with bidding for an integrated resort license in Japan’s Nagasaki Prefecture, according to GGRAsia.
Yemenidjian is the former chairman and CEO of Tropicana Las Vegas Hotel and Casino Inc.. He also served for 16 years on the board of U.S.-based casino operator MGM Resorts International.
Oshidori is among three companies that have publicly confirmed their participation in Nagasaki’s request-for-concept (RFC) phase in hopes of winning an IR license there. The others are Japan’s Current Corp. and Casinos Austria International Holding GmbH.
In a filing, Oshidori said Yemenidjian would “lead and supervise the company’s bid to own and operate a full-service, world class integrated resort project that includes luxury hotels, a casino, convention facilities, entertainment venues, shopping and restaurants in Nagasaki, Japan.”
The company added that he would help “formulate a strategy to successfully complete the IR project’s request-for-proposal tender process and to manage the overall operation of the IR project.”
Yemenidjian is chairman and CEO of his own private investment company, GAST Enterprises Ltd. Under a service agreement with Oshidori International, he will receive an annual service fee of US$1 million and a discretionary bonus.
