Kuwana Mayor Cautiously Examining Possibility of IR Bid

Kuwana Mayor Narutaka Ito made clear at his regular press conference on Tuesday that his administration has not outright rejected Nagoya Mayor Takashi Kawamura’s abrupt suggestion that neighboring city Kuwana (within neighboring Mie Prefecture) should consider an IR bid, but rather that they “are proceeding with the gathering of information.”

eSports Market Grows Exponentially

The eSports market in 2018 grew thirteen times larger in Japan compared to the previous year, reaching the 4.8 billion yen (about US$43 million) level, according to an estimate by gaming industry publisher Gzbrain.

Unlikely Universal Will Pick Up Genting Theme Park

It’s unlikely that Universal Studios will take over Genting Malaysia’s stalled theme park project, as it would likely cause cannibalization from their sister resort in Singapore, Maybank said in a note.

New Osaka Business Leader Another IR Advocate

The Kansai Association of Corporate Executives has selected a new co-chairman, Hiroyuki Fukano, who immediately affirmed his support for Osaka’s 2025 World Expo as well as its IR bid at Yumeshima.

Fans Come to the Rescue of Scandal-Plagued Iwate Racing

Steroid scandals and the associated suspension of races did not scare away the loyal fans of the Iwate Prefectural Horse Racing Association (Iwate Keiba), as demonstrated by its recently-reported revenue returns.

Genting Singapore Facing Mass Competition from Philippines and Cambodia

Genting Singapore is facing increasing competition in the mass market from the Philippines and Cambodia, though management sees room for growth in VIP, according to Nomura.

MGM Goes on the Offensive Against Foxwoods and Mohegan

MGM Resorts has gone on the offensive against the tribal operators Foxwoods Resort Casino and Mohegan Gaming & Entertainment by directly targeting customers in their home base of Connecticut, upping the ante in fierce competition for market share in the US northeast.

Okada Manila Reaches Record High Casino Revenues and Profits in November

Universal Entertainment released financial figures showing that casino revenues at Okada Manila reached a record-high 2.9 billion pisos (US$55.1 million) in November, combined with a record-high EBITDA of almost 528 million pisos (US$10 million) during the same period.

Sega Sammy Aims for “Top Share” in Kanto Region IR Consortium

At a Sega Sammy Holdings management meeting held on November 30, President and COO Haruki Satomi revealed that his firm was aiming for the “top share” in any IR consortium to be built in the Tokyo-Yokohama region.

Keihan’s Vision of a Yumeshima-Kyoto Train Line Draws Nearer

Yoshifumi Kato, president and CEO of Keihan Holdings, who announced last year that it was “his greatest mission” to connect by railway the anticipated IR at Yumeshima, Osaka, with Japan’s ancient capital of Kyoto, is seeing his vision come nearer reality, according to a recent article in the Nihon Keizai Shinbun.