Japan

An integrated resort in Japan could cost up to US$10 billion to develop, says Las Vegas Sands chief Sheldon Adelson.

HOGO has been announced as the official marketing partner of the Japan Gaming Congress.

Slots developer, Ganapati, has reached an agreement to launch a new game around the hit Japanese single ‘Pen-Pineapple-Apple-Pen’.

Osaka’s political and business leaders are forging ahead with plans to develop Yumeshima into a site for an integrated resort and casino by 2024 and the World Exposition in 2025.

A surprise year-end push by Prime Minister Shinzo Abe’s administration to enact legislation allowing casinos has set the scene for an exciting 2017, with many global operators jockeying for a license in what is expected to become Asia’s second-largest casino market.

Konami Holdings Corporation saw its profits increase 229.8 percent to JPY 20.7 billion (US$183.4 million) for the nine month period ended December 31, 2016, according to a filing from the company.

The passage of Japan’s Casino Bill into law in the early morning hours of December 15, 2016, was achieved only after a bruising political struggle. The administration of Shinzo Abe had waited too long into the Extraordinary Diet Session to begin the deliberations on the bill and thus was forced to steamroll over the opposition parties in a clumsy, ad hoc fashion. However, public oppposition remains strong and local political leaders may oppose hosting IRs in their communities amidst fear of losing their seats.

 

The passage of Japan’s Casino Bill into law in the early morning hours of December 15, 2016, was achieved only after a bruising political struggle. The administration of Shinzo Abe had waited too long into the Extraordinary Diet Session to begin the deliberations on the bill and thus was forced to steamroll over the opposition parties in a clumsy, ad hoc fashion. However, after 

 



This content is for members only. To continue reading

Join Now

Hard Rock International has announced the launch of a newly created division of the company, focused on integrated resort opportunities in Japan.

Okada Manila parent company, Universal Entertainment Corporation has revised its forecasted net income for the fiscal year ending March 31, 2017 to JPY 270.5 billion (US$2.4 billion).

SJM Holdings executive director Angela Leong doesn’t believe the opening of casinos in Japan will have a strong effect on Macau.

Pages