Saturday, May 26, 2018

Japan

Gambling addiction bill set to pass House of Representatives

Diet debate on the Basic Bill on Gambling Addiction Countermeasures began on Wednesday in the lower house’s Cabinet Committee, and the legislation is expected to be passed by a plenary session of House of Representatives by the end of business on Friday, May 25.

SBM adds high-class “software” to Galaxy IR bid

Jean-Louis Masurel, managing director of Société des Bains de Mer (SBM), the owner-operator of the Monte Carlo Casino and other major properties within the Principality of Monaco, minces no words in explaining why his storied European firm chose the Galaxy Entertainment Group as its Asian partner—because they are “the best.”

Dynam sees rising profits in FY17

Pachinko hall operator Dynam reported a 13.3 percent increase in its profits before tax as compared to the previous year. Dynam, which operated 450 pachinko...

New Osaka business leader prioritizes IR development

Hiroyuki Ikeda, who recently rose to the leadership of the Kansai Association of Corporate Executives, emphasized in an interview his organization’s full support for the development of an IR at Osaka’s Yumeshima island.

Foreign tourism on pace to smash 30 million mark in 2018

Figures released recently by the Japan Tourism Agency found that, once again, the annual number of foreign tourists visiting the country will set a new record in 2018, most likely well above the 30 million mark.

Abe scandal flares up again as IR debate commences

The long-awaited parliamentary debate on the IR Implementation Bill began Tuesday in a plenary session of the House of Representatives, but on the very eve of its commencement a revelation regarding one of Prime Minister Shinzo Abe’s swirling scandals shook the government anew.

Communist newspaper sees “contradiction” in pro-IR arguments

The executives of the six international IR operators who participated in last month’s Kansai IR Showcase probably didn’t realize that among the Japanese reporters...

Izumisano still hoping for IR

Izumisano city in Osaka Prefecture has not given up its hopes of hosting an IR, even though rival Yumeshima has been backed by the incumbent governor.

No evidence entry fees prevent problem gambling

There has been no independent, peer-reviewed research into whether casino entry fees help to prevent problem gambling and some experts say the levies may make the problem worse.

EY wins Wakayama RFI consulting contract

On Thursday, the Wakayama Prefectural Government announced that it had selected the auditing firm EY to conduct its RFI process with IR operators. No...

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