Japan
Okura Holdings posts 84% drop in H2 profit
Pachinko operator Okura Holdings said Profit for the period attributable to shareholders of the in the six months to end December decreased to 23 million yen, compared with 224 million yen the year earlier.
Osaka anti-casino group claims Yumeshima development dangerous
An anti-casino group in Osaka is planning a human chain protest at the Osaka City Hall, and they are arguing that the soft soil...
Hokkaido white IR dies another death
“A fool dies a thousand deaths; a wise man only one.” This common expression—a garbled version of something written by Shakespeare—might very well be applied to the prospect of IR development in Hokkaido. And indeed, the project has recently died yet another death.
Japan government confirms no taxes for foreign visitors’ casino winnings
In response to questions from an opposition lawmaker, the Suga government has confirmed that it no longer plans to establish a system of taxation for the casino winnings of foreign visitors.
Japan motorboat racing bets spiraling upwards
There has been a surge in betting on motorboat races in Japan as more people stay at home amid the novel coronavirus pandemic.
Nagasaki seen as best-managed IR bid contender
The Nagasaki Prefectural Government continues to distinguish itself as having the best managed bid in Japan’s IR development race, giving them a strong chance to become a licensed municipality.
Sega Sammy income down 51.8% in April-December 2020
Sega Sammy Holdings has released its financial results for the April-December 2020 nine month period, showing a 51.8 percent fall in operating income on a year-on-year basis.
Five consortiums bid for Nagasaki IR
The Nagasaki Prefectural Government has confirmed that five consortiums are in the race to become their partners in a licensing bid. The five have been named as Casinos Austria Japan, Current Group, Niki Chau Fwu (Parkview), One Kyushu (TTL Resorts), and the Oshidori consortium.
One operator already passes Yokohama IR qualification
The municipal government of Yokohama has announced that one IR operator has already passed its qualification screening, though the name of the company was not disclosed.
Osaka reopens IR process to allow challengers to MGM
The government of Osaka has decided to reopen its IR bidding process to allow the possibility of challengers to the MGM-Orix consortium which has hitherto been the only accepted applicant for the Yumeshima site.