Japanese investors and tourists are fueling an economic boom in Nevada , spending or committing over $30 million . Sukeaki Izumi, who owns five hotels in Japan and Guam, recently purchased another closed property, the former Treasury Hotel, which he has renamed the San Remo. Yoshi Morichika is heading up a 1,270 acre golf and destination resort community for Japanese recreation and electronics giant Cosmo World in nearby Henderson at a cost of $200 million . Japanese businessman Katsuki Manabe has invested $30 million in the Park Hotel in downtown Las Vegas and about 300,000 more in his Nevada -based Aladdin , which makes gaming equipment. However, some Japanese investors are running into financial difficulty with their investments and failing properties such as the Dunes and the Aladdin hotels.
Japanese investors and tourists are fueling an economic boom in Nevada , spending or committing over $30 million . Yoshi Morichika is heading up a 1,270 acre golf and destination resort community for Japanese recreation and electronics giant Cosmo World in nearby Henderson at a cost of $200 million . Japanese businessman Katsuki Manabe has invested $30 million in the Park Hotel in downtown Las Vegas and about 300,000 more in his Nevada -based Aladdin , which makes gaming equipment. However, some Japanese investors are running into financial difficulty with their investments and failing properties such as the Dunes and the Aladdin hotels.