This year is hard for Osaka and Nagasaki IR verdicts
Summary: Japan’s Ministry of Land, Infrastructure, Transport and Tourism said it’s difficult to make a decision by the end of the calendar year on proposals by Osaka and Nagasaki to….
Category: japan
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Japan will nod local IR this year
Summary: Japan’s Osaka MP Noboyuki Baba wants the government to approve Osaka’s integrated resort plan by the end of the year. The Osaka prefecture and city have been waiting for….
JCM raises revenue and forecasts a profit
Summary: The earnings forecast for the year ending March 31, 2023 has been revised upward by Japan Cash Machine. The revision was based on higher-than- expected sales in the second….
Osaka was told to submit information on IR land issues
Summary: Osaka Mayor Ichiro Matsui has said that the city and Osaka prefecture have been asked to submit documents explaining how and when the local authorities would resolve issues related….
The gaming segment increased in half to Sept 30
Summary: In the six months to September 30, revenue in the gaming and systems division, which includes casino equipment, increased by 39.5%. The gaming segment recorded a profit of 2.0….
The Osaka prefecture has a gambling addiction law
Summary: The prefectural assembly in Osaka, a Japanese community that is in the running for an integrated resort with a casino, voted on Wednesday in favor of a draft ordinance….
Ex Japan suitor GEN Singapore redeems bonds
Summary: The principal amount of 20.0 billion Japanese yen-denominated bonds was canceled and redeemed by Singapore-based Genting Singapore on an unsubordinated basis. The group said at the time of issuing….
Japan IRs are able to drum up Singapore-style business
Summary: The benefits of Singapore’s two casino resorts can be seen in the tourism markets of Osaka and Nagasaki in Japan, according to a report. The Japanese complexes should also….
The Osaka IR is at risk of a 3yr delay without government action
Summary: It could be difficult for the government to approve Osaka’s bid for an integrated resort with a casino in the autumn or winter of 2022, according to an MP….
There is a lodging bet addiction bill at the assembly
Summary: The Osaka Restoration Association, in partnership with Komeito, controls a majority of seats in the Osaka prefectural assembly in Japan, and is going to submit a draft of an….
There is a lawsuit against public money for Nagasaki
Summary: A citizen’s group has filed a lawsuit in the Nagasaki District Court, asking the governor of that Japanese prefecture to stop spending public money on efforts to get an….
The governor says Credit Suisse is looking at Nagasaki IR finance
Summary: The governor of Nagasaki prefecture, Kengo Oishi, identified two US-based financial services companies as being interested in being “financial arrangers” for the Japanese community’s tilt at getting an integrated….
The Japan casino commission wants the government to increase the budget
Summary: The national government has been asked by the Japan Casino Regulatory Commission to increase its budget by nearly 10%. The amount requested is an increase of over one billion….
The owner of Huis Ten Bosch is moving to HK
Summary: The Hong Kong-based private asset management firm PAG will buy the majority stake in the amusement park from the current shareholder for 66.66 billion. The announcement made no mention….
The gaming market in Japan is complex
Ed Bowers, the president and chief executive of MGM Resorts Japan, said that Japan is going to be a great gaming market. The occasion is taking place in Singapore at….
The casino policy minister is in the new cabinet
The minister in charge of overseeing Japan’s casino liberalisation effort has been kept in post by the prime minister, following the announcement on Wednesday of his second cabinet lineup. The….
The anti-casino lobby in Japan has suffered a new blow
Nagasaki’s prefectural audit committee said on Monday that there had been nothing irregular about the payment of a fee for consultants to support the anti-casino lobbyists. The audit committee said….
The Nagasaki theme park is tipped to be an IR location
The promoter of the Huis Ten Bosch theme park in Sasebo City, Nagasaki prefecture, is considering the sale of the complex to a Hong Kong investment fund, according to local….
UEC CEO accuses Okada of hiding information
There are more public statements from the involved parties in the fight over control of the casino resort. Jun Fujimoto, the CEO of Universal Entertainment Corp, has made accusations against….
UEC CEO accuses Okada of hiding information
There are more public statements from the involved parties in the fight over control of the casino resort. Jun Fujimoto, the CEO of Universal Entertainment Corp, has made accusations against….