Monday, May 27, 2019

Japan

Melco wary of MGM-Orix partnership in Osaka

During an earnings conference call, Melco Chairman and CEO Lawrence Ho seemed to acknowledge that MGM Resorts’ tie-up with the Orix Corporation would make...

Japan tourism minister visits Cotai Strip

As part of his Golden Week travels abroad Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii visited two IRs in Macau for research purposes on May 3. Specifically, he was given tours of Melco’s City of Dreams and Wynn Palace in the Cotai Strip.

Woman arrested for aiding Osaka casino shooting suspect

At the end of April, Osaka police announced that they had arrested a woman on charges of assisting Shinichi Igawa—the South Korean national of unknown occupation whom police have identified as the shooter of two other men at an illegal internet casino in Osaka—to evade arrest.

Sega Sammy preparing budget and consortium for Japan IR bid

Sega Sammy Holdings President and COO Haruki Satomi revealed at a briefing on April 26 that his company was budgeting up to JPY3 billion...

Hideo Sawada resigns as Huis Ten Bosch president

On April 26, it was revealed that Hideo Sawada, chairman and president of the major travel company H.I.S. would be giving up his role...

Japan IRs likely to generate $5b-$9b GGR: Fitch

Japan’s three IRs are likely to generate between $5 billion and $9 billion in gaming revenue, with the mix depending on the location of the properties, according to Fitch Ratings.

Local election victories accelerate IR development

If at the beginning of this year one were to sketch out the dream scenario for IR development in Japan, the actual results of April’s Unified Local Elections would greatly resemble that picture, with pro-IR politicians and parties winning almost every battle, and usually winning big.

Bandai Namco inches closer to the casino gaming market

Video game developer Bandai Namco appears to be inching closer toward a deeper involvement the casino gaming machine market, co-developing a video bingo machine and establishing a new unit dedicated to the development of pachinko and pachislot machines.

Tomakomai City Council’s pro-IR forces strengthen

In the wake of the elections last Sunday, the political forces within the Tomakomai City Council that support Mayor Hirofumi Iwakura and the city’s IR bid have strengthened their hand.

Fujiki to establish Yokohama anti-casino organization

Yokohama Harbor Transport Association Chairman Yukio Fujiki is stepping up his efforts to head off an IR bid in his city by establishing a new anti-casino called the “Yokohama Harbor Resort Association.”

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