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- Nov 15, 2019 Floyd Mayweather Sets Sights on Casino Empire in Japan and Pacquiao Rematch. Mayweather is negotiating a rematch with Pacquiao to fund a casino empire in Japan; Okinawa has been identified as a possible location for his ambitious casino hotel; Fighter plans to take advantage of Japan's decision to allow casinos to be built in 2020.
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tocBoxing legend Floyd Mayweather Jr. Has signed on to be the face of a poker-based social casino adventure game. Wild Poker is the brainchild of social casino game developer Playtrex and publisher Hero Digital Entertainment.
It’s been over a year since Floyd Mayweather Jr. punched Conor McGregor in the face a bunch of times on his way to winning one of the most hyped boxing matches in recent memory, and even if he embellished how much he made for the fight, he undoubtedly took home a fair amount of money for his troubles.
Floyd Mayweather: 'If I have chance to make $350 million in 36 minutes, why not?'
— Arash Markazi (@ArashMarkazi) August 27, 2017
Depending on how you look at it, Mayweather either put his money to good use or terrible use after the bout, including buying a $25 million mansion or making the decision to drop $18 million on a watch.
A post shared by Floyd Mayweather (@floydmayweather) on
The boxer wasn’t allowed to bet on himself ahead of the fight but he’s been on a gambling tear ever since and hasn’t been shy about bragging about his wins, whether we’re talking about the $90,000 he won betting on college football or the $101k poker jackpot he snapped up a few months ago.
However, you rarely come across a gambler who lets the world know when their bet doesn’t pay off, and it can be assumed Mayweather is no exception based on some rumors that are currently swirling in Vegas about his massive amount of gambling debt.
Mayweather recently announced he’d be coming out of retirement for the 127th time for a rematch with Manny Pacquiao that no one really asked for and at least one insider says his main motivation is to pay off betting losses that could total up to $50 million.
From Gambling Sources in Vegas:
Floyd Mayweather is down over $50 Million in gambling losses since 2017 he’s coming out of retirement to fight Manny Pacquiao
Probably will make 60-70 Million 💵🥊 makes sense @50cent was right about his finances
— IB Fantasy Sports 🔌 (@IBNincarcerated) September 15, 2018
As Total Pro Sports notes, McGregor voiced his concern about his former opponent’s gambling habits last year and confirmed Mayweather takes more Ls than the people of Chicago:
“You don’t really see many winners in those types of places. I certainly know he has a big-time gambling problem, from seeing him. He gambles on half-times and things like that.He shows what his wins are, never shows what the losses are.”
I’d like to thank Mayweather for making me feel great about the $20 parlay I lost this weekend.
Ambitious plans
Legendary boxer Floyd Mayweather has big plans for Japan. The fighter has reportedly set his sights on building a casino empire in the Asian country.
A former opponent is also on his mind. Mayweather is believed to be negotiating a rematch against Manny Pacquiao. The fight would be hosted in the Far East to raise funds to finance the construction of Mayweather’s very own casino hotel in Japan.
Mayweather’s interest in Asia
The 42-year-old boxer launched TMT Japan in Tokyo this past June after announcing a new partnership with Kyoei boxing gym and management company Libera.
Mayweather’s goal is to create a casino hotel based in Okinawa
As gambling moves forward in Japan, Mayweather is looking to be heavily involved. Mayweather’s goal is to create a casino hotel based in Okinawa.
Mayweather is in the process of buying a home in Tokyo, so he would be based in Japan. Instead of traveling to the United States and back to Japan, planning exhibitions in the Far East makes sense. He plans on staging fights in the region instead of having to travel.
According to Jay Lau, a Hong Kong-based boxing promoter, Mayweather came to the region to set up TMT Japan because the Asian country is allowing casino’s to be built in 2020.
Lau said: “There are casinos opening in Cambodia, Singapore, and China as well. It means boxing will get more and more popular. The Manny rematch is the biggest thing that can happen.”
Focusing on Pacquiao
When discussions of the casino idea and exhibition matches were first revealed, Mayweather stated he was open to non-boxing opponents, so potentially anyone was on the table. However, once the idea of a rematch with Pacquiao arose, the boxer decided to focus on negotiating that fight only.
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it seems bookmakers would put the odds firmly in Pacquiao’s favor
Pacquiao is still an active world champion in the boxing world, while Mayweather’s last fight was against young Tenshin Nasukawa. If the two boxing legends were to clash again, it seems bookmakers would put the odds firmly in Pacquiao’s favor.
Japan embracing gambling
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Mayweather’s plan to create a casino comes at a time when the Japanese government is setting up their new gambling industry.
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The commission will be in charge of completing background checksas well as investigations of operations selected to manage the Japanese casinoresorts. Staff members of the facilities will be included in investigations.