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Osaka frets over loss of leverage and scaled-back IR ambitions

The authorities in Osaka are concerned that they have lost leverage in negotiations with the MGM-Orix IR consortium, and that poor business conditions will force a significant scaling back of ambitions, according to the reporting of the Nihon Keizai Shinbun.
Japan’s IR process lurches forward with Nagasaki selections, Osaka invite

Japan’s IR process lurches forward with Nagasaki selections, Osaka invite

Japan’s IR process appears to move forward in fits and starts, but there were two noteworthy events to emerge at the end of the week that advance the slow process towards the country's first casinos.

Osaka seeks more bidders, gives April 6th deadline

The Osaka Prefecture, which currently has MGM Resorts as a sole bidder for a license, has said it will consider further proposals, with documents to be submitted by April 6th.

Osaka gives up on timeline for full IR opening

The Osaka government has given up on specifying in its official documents when the prospective Yumeshima IR would actually have its full opening. The target date has had to be revised backward several times, and at this point the authorities feel that it is better not to be specific.
MGM-Resorts stock rises

MGM online gaming moves could impact Osaka bid

As Japan sinks into a deeper crisis over the Covid-19 pandemic, it would be natural that it might be overlooked. Indeed, the sensitivity of Japanese policymakers to overseas developments is often tenuous at best. But for the future of Japanese IRs generally—and for Osaka most specifically—stakeholders should be quaking with alarm over the most recent headlines regarding MGM Resorts.

Osaka delays selection of IR consortium partner until autumn 2021

Osaka Governor Hirofumi Yoshimura has indicated that his government will not make a final decision on its operator consortium partner until autumn 2021. At present, only the MGM-Orix consortium is an accepted bidder.

Osaka expected to review IR schedule and operator selection in January

It has been reported that the local governments of Osaka plan to conduct a review of the IR development schedule and selection of their consortium partner in January.
Osaka Mayor Ichiro Matsui

Osaka IR plunged into uncertainty by referendum loss

The prospects for the development of a major urban IR at Yumeshima, Osaka, took a sudden and unexpected turn for the worse after voters rejected the administrative reorganization proposals of the local leaders, and Osaka Mayor Ichiro Matsui announced his intention to retire from politics at the end of his term.
Reading Japan’s political runes

Reading Japan’s political runes

The appointment of Yoshihide Suga as prime minister of Japan may have subtly shifted the sands when it comes to the two top contenders to host an integrated resort in their cities.
Tokyo-Fuji-cityscape

Japan IRs have a new schedule

After spending most of this year in denial or else paralyzed by the crisis of the Covid-19 pandemic, the Japanese central government has finally made a credible decision about its IR development plans, which is to push back the timeline by nine months.
AGE at ICC Sydney, 2021

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.

Regulating the Game 2021

Esports BAR Cannes

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.