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Japan

James Murren, chairman and CEO of MGM Resorts International, says the company anticipates an investment of about JPY1 trillion (US$9 billion) should it win its bid to build an IR at Osaka’s Yumeshima site.

On Tuesday, the extraordinary session of the Japanese Diet was inaugurated, centrally featuring the launch of Prime Minister Shinzo Abe’s 4th Cabinet.

For Chicago-based operator Rush Street Gaming (RSG), building an IR in a smaller, regional location like Tomakomai or Nagasaki is not a consolation prize for missing out on one of the major Japanese urban markets, but is itself the main event.

 

For Chicago-based operator Rush Street Gaming (RSG), building an IR in a smaller, regional location like Tomakomai or Nagasaki is not a consolation prize for missing out on one of the major Japanese urban markets, but is itself the main event. In an exclusive interview with Asia Gaming Brief, RSG Chairman Neil Bluhm and CFO Tim Drehkoff—as well as Steve Rittvo, CEO of Innovation Project Development, who the company has retained to help them win their bid in Japan—laid out their priorities and strategies.

 



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The October 22 general election returned a majority of House of Representatives lawmakers who support the legalization of casinos, a survey from the Mainichi Shinbun has confirmed.

Hard Rock International has announced the promotion of Edward Tracy to chief executive officer, Asia.

There is a chance that Japan’s Responsible Gaming Bill may be passed as early as the end of 2017, say analysts from Global Market Advisors.

With Osaka’s Yumeshima increasingly looking to be the big prize in the first round of anticipated IR licensing, major operators have been stepping up their campaigns to woo the local government and the business community.

The Kanagawa Shimbun has discovered that there is one segment of the Japanese public that does support the legalization of casino gambling—men under the age of 30.

The chairman of the Kansai Economic Federation is looking for the government to push ahead with IR legislation following Prime Minister Shinzo Abe's landslide victory.

Gaming mogul James Packer says he has no intentions to expand his gaming empire to Japan, and would rather focus on developing Crown’s flagship casino in Sydney.

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