IR Operator View of the Risks of the Japanese Market

Genting Singapore, a major Asian IR operator deeply interested in the Japanese market, has been the most tightlipped of all of the bidders about their plans for the country. This changed significantly on Monday, however, with the issuance of an 84-page “Circular to Shareholders” that outlined a number of key points about the company’s objectives.

Clairvest: Hokkaido’s IR Bid May Yet Reemerge

“Hokkaido is still a very strong location for one of the Japanese Integrated Resorts based on the concept of good food, good sports, and good nature. Our position is unchanged.” So says Robert Verdier, president of The Taffrail Group, which leads the Clairvest Group’s IR campaign in Japan, in an exclusive interview with AGB Nippon.

The Limits of the Abe Government’s Bulldozer Approach

On the issue of IR development in Japan, the Shinzo Abe government has, from start to finish, acted like a political bulldozer, assuming that the opposition parties and the majority opinion of the Japanese people could simply be swept aside by overwhelming force. This approach has indeed taken them a long way forward, but the costs are now mounting and the limits may be in sight.

Japan’s IR Industry as Caesar’s Wife

Caesar's wife must be above suspicion. This two-thousand-year-old nugget of political wisdom from another part of the world holds an important lesson for Japan’s fledgling IR industry even today.

Casino Taxation System Remains Point of Contention

Even at this late stage, the Japanese government’s policy on the taxation of casinos and IRs remains both unclear and a point of contention.

Hokkaido White IR Fades Out

The decision by Hokkaido Governor Naomichi Suzuki to drop out of the Japan IR race does not simply remove one more local government from contention, it also represents the collapse of what was arguably the strongest IR initiative outside of the Kansai and Kanto regions, the regional IR which probably would have produced the highest financial returns.

The Gambler

While well-intentioned, Integrated Resorts risk becoming a wolf in sheep’s clothing and its proliferation in Asia might make it the Jezebel of gambling addiction.

Yumeshima IR Candidacy is Osaka Government’s to Lose

It seemed that all and sundry in gaming circles had considered it a foregone conclusion that Osaka will be a venue for one of the first three Integrated Resorts (IR) to be developed in Japan.
 
ASEAN Gaming Summit

ASEAN Gaming Summit

      The ASEAN Gaming Summit returns on 17-19 March 2020 at the Shangri-La BGC in Manila, the Philippines for its high-anticipated fourth edition. Following popular demand, the three-day conference aims...