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Japan

City officials from Tomakomai, Hokkaido, undertook a tour of the United States from November 14th to the 23rd as part of follow-up efforts to the RFI process they had completed in September.

Miyazaki Governor Shunji Kono toured the Paradise City IR in Incheon, Korea, on November 15, suggesting the possibility that a second location on the Japanese southern island of Kyushu may be exploring the possibility of hosting a future IR bid.

Spectrum Gaming Group says it predicts 2018 to be the most significant, with political, technological, demographic and regulatory changes expected for gaming markets around the world.

The prospect of building a major urban IR at Yumeshima has broad and enthusiastic support at the levels of the Osaka prefectural and city government and the big business community, but the latest poll by the Yomiuri Shimbun demonstrates that the local public remains hostile to the project by nearly a 2-to-1 margin.

Casino operator Melco Resorts & Entertainment is celebrating the heritage of the kimono tradition with an exhibition held in Tokyo from December.

Local anti-casino forces in Wakayama are set to launch an organization squashing plans to bring an IR to Wakayama’s Marina City location.

Money laundering comes a close second to gambling addiction when it comes to reasons for opposing casinos in Japan, with local media stoking fears that the country’s organized crime gangs plan on using IRs to legitimize the proceeds from crime.

 

Money laundering comes a close second to gambling addiction when it comes to reasons for opposing casinos in Japan, with local media stoking fears that the country’s organized crime gangs plan on using IRs to legitimize the proceeds from crime. These opponents might be exaggerating the risks of money laundering at the anticipated Japanese IRs, but their concerns do not seem to be entirely misplaced. Japan is not necessarily on the cutting edge of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) policies.

 



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Dynam Japan Holdings reported an increase in net profit of 40.7 percent to JPY5.4 billion (US$48.1 million) for the six months ended September 30, 2017.

A proposed integrated resort in Rusutsu equipped with a casino is unlikely to see the light of day, say experts in Japan.

Japanese tourism company Kamori Kanko and developer Niseko Alpine Developments has announced a partnership to redevelop its flagship property in Hokkaido into an integrated resort.

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