Japan

Japan’s government will launch the headquarters of the cabinet office branch that will be responsible for the bill setting out details for its casino legislation this Friday.

After a bitter final debate at the national level, the government finally passed a bill legalizing casinos. Now the discussion of the switches to the local level as regional administrations debate the pros and cons of hosting integrated resorts in their municipalities.

Japan’s recent referendum to legalize the development of integrated resorts has sparked an outpour of support and interest from international operators and domestic firms, all wanting to be part of this historic development in the world’s third largest economy.

Spin Games said it will have an exclusive right to distribute new Konami content via the Spin ROC Remote Gaming Server to approved operators in Europe.

Galaxy Entertainment Group Deputy Chairman Francis Lui Yiu Tung says his company has studied plans for a casino in the Japanese cities of Osaka and Tokyo and it is confident of obtaining a license.

Japan’s Universal Entertainment is disposing of treasury shares through an international offering and third-party allotment to raise funds for operations at its $2.4 billion Okada Manila resort in the Philippines.

Japan’s potential gaming revenues may turn out to be far below the expected $25 billion per year, says Fitch Ratings' senior gaming analyst Alex Bumazhny.

Osaka-based national political party Nippon Ishin no Kai has proposed new legislation dealing with problem gambling, with the hopes the city will be selected for a casino resort license.

MGM Resorts International says it will be stepping up its efforts in Japan over the next 30 days.

Hard Rock Cafe International is aiming to own up to 60 percent in a Japanese casino resort, and will be looking to partner with Japanese companies in a consortium, according to its chairman on Tuesday.

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