Thursday, October 24, 2019

Japan

Japan market needs competitive tax rate, Singapore seen as benchmark: MGM

Japan will need to introduce a competitive tax rate within Asia if it opens up its casino business, with the levels in Singapore seen...

Construction worker shortage may delay opening of casinos in Japan

With both the 2020 Olympics and plans to build at least one or more casino resorts in the country by the same date, Japan...

Japan casino bill may be delayed, lawmakers say

A bill to legalize casinos in Japan may not be passed in the current session of parliament, casting doubt on the ability of operators...

MGM, Wynn consider Japan IPOs to fund venture

MGM Resorts and Wynn Resorts are both seeking local partners for potential multi-billion dollar casino ventures in Japan and would ultimately consider listing the...

Japan mulling pachinko tax

Japan may consider regulating and taxing the country’s pachinko parlours, according to a Reuters report. The news agency cited Takeshi Iwaya, a leading proponent...

Rush Gaming sets sights on Osaka, LVS favours Tokyo

Billionaire Neil Bluhm, head of Rush Gaming, has set his sights on bidding for a casino license in Osaka, while Las Vegas Sands CEO...

Japan gambler claims bad bets are tax deductible

A Tokyo court is hearing the case of a gambler seeking to claim that his bad bets, amounting to about 7.27 billion yen ($71.4...

Universal lawyer offered to pay for employee silence, Reuters says

A Universal Entertainment lawyer offered to pay a former Universal employee if he withdrew a claim that the company had given bribes to advance...

Japan Gaming Congress bags three LDP speakers

The Japan Gaming Congress said three LDP Party House of Representatives members will be speaking at a keynote discussion of the Japan Gaming Congress. The...

Okada files criminal complaint against Wynn

Universal Entertainment Corp and founder Kazuo Okada filed a criminal complaint against Wynn Resorts Ltd in Japan claiming defamation. Universal said it submitted the...

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Kamakura City Council rejects anti-IR resolution

On Friday, the Kamakura City Council rejected a draft resolution that would have denounced moves by neighboring governments to engage in IR bids. The...

Mobile iGaming

Founded in 2012, eBET is considered Asia's first leading supplier of mobile iGaming.  The company’s mission is to design intuitive and interactive live gaming experiences...

Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game

Aristocrat, in partnership with Warner Bros. Consumer Products, will premiere the new Crazy Rich Asians Slot Game at next week’s Global Gaming Expo in...

Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.