Sunday, March 29, 2020

Japan

Yokohama City Council approves formation of IR operator selection committee

With the support of the ruling Liberal Democratic Party and Komeito Party representatives, the Yokohama City Council approved last Friday the municipal government’s plan...

The seven trials for Japanese IR legislation

Japan has seen numerous twists and turns in its bid to establish an integrated resort industry, though perhaps one of the most unwelcome was the arrest of a deputy minister at the centre of a money-for-favours scandal surrounding IR development plans for Okinawa and Hokkaido.

Wakayama presses ahead with IR development plans

The Wakayama Prefectural Government has decided not to wait around for the central government to issue its IR Basic Plan and instead will move...

Prospects for a revival of Hokkaido IR bid grow dimmer

Prospects that Hokkaido Prefecture will rejoin the IR race in the near future appear to have suffered a major blow after it was reported...

Kazuo Okada ordered to pay almost US$200,000 in damages to Universal

Universal Entertainment issued a statement on Wednesday revealing that it has won its damages suit against its former Chairman Kazuo Okada, and that he...

Osaka mayor warns MGM against “high-handed” IR bid

Defending himself against media questions regarding Osaka’s potential loss of leverage against the MGM Japan-Orix bid in a context in which they are now...

Galaxy announces its withdrawal from Osaka bid

Galaxy Entertainment announced on Monday its withdrawal from consideration for an IR license in partnership with the government of Osaka for the Yumeshima location. The...

Universal Entertainment net sales up 34 percent in 2019

Universal Entertainment posted net sales of almost JPY125 billion (about US$1.1 billion), an increase of 34 percent year on year, and an operating profit...

Japanese public support for IR construction falls below 23 percent

Never a popular policy in the first place, the recent casino bribery scandal has lowered Japanese public support for the construction of domestic IRs...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

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