Education Minister Koichi Hagiuda found himself the latest target of accusations of financial impropriety in relation to IR development.
The weekly magazine Shukan Shincho reported that while on a visit to Macau in August 2018, Hagiuda had accepted “super VIP treatment” from Galaxy Entertainment, Including a one-night stay at the luxurious Banyan Tree Macau hotel and a personal reception by a senior Galaxy executive who rode with him in a special car from the ferry to the hotel.
On Thursday in a House of Councillors committee meeting, an opposition lawmaker challenged Hagiuda about this media report. The minister argued that he did nothing wrong, that he paid all the hotel expenses, and the pick-up from his hotel was a free service.
Hagiuda suggested that he was considering legal action against the magazine.
Hagiuda is one of Prime Minister Shinzo Abe’s closest aides and one of the most outspoken advocates of IR development in Japan.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Bangkok police arrested 94 people during a raid to stop illegal gambling in a casino that was operated by 27 people, 13 of whom were foreign nationals. Senior police face inquiry on allegations of negligence.
Russia’s parliament has passed a new bill redistributing control over the online betting market, creating a unified gambling regulator to track bets and allocations to sporting leagues and significantly increasing costs to the industry.
Philippine Amusement and Gaming Corporation (PAGCOR) remitted an additional PHP1 billion to the National Treasury, bringing to PHP18 billion (US$378 million) its total dividends contribution for the year 2020.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.