Osaka Urged to Build Huge Conference Center at Yumeshima IR

The ninth meeting of Osaka’s IR Promotion Conference was held on November 14, and it was agreed that the prospective Yumeshima IR should include an international conference center that can host more than 5000 people, which is nearly double the size of largest currently-existing conference center in the city and would be among the largest in Asia.

Hosoda Pushes IR Bid on Unwilling Okinawa

In a remarkable move, Hiroyuki Hosoda, a senior ruling party politician, publicly pushed Okinawa to make an IR bid in spite of the fact that the newly-elected Governor Denny Tamaki has stated repeatedly that he opposes such a bid.

Foxwoods and Mohegan Generate More than US$3.7 Billion in Economic Activity

The 2018 Indian Gaming Industry Report by Meister Economic Consulting finds that the two tribe-owned casino resorts in Connecticut—Foxwoods Resort Casino and Mohegan Gaming & Entertainment—generate a combined US$3.7 billion in economic activity through taxes, job-creation, and other aspects.

Las Vegas-Based Operators Report Strong 2018Q3 Results

All four Las Vegas-based operators which are in the hunt for an IR license in Japan reported strong financial results in the July-September period.

Nomura: World Expo and IR Would Boost Osaka Economy

The Japanese brokerage Nomura agrees with the sentiments of the Osaka government in a November 9 research note that declares, “a win for both the World Expo bid and the casino license would be expected to boost investment returns and have a positive impact on Osaka's economy.”

Macau Junket Operators Call for Government Support in Collecting Debt

Representatives from the junket sector on Tuesday urged for the local government to assist the sector in collecting bad debts and reduce gaming taxes, according to a report from Macau Business.

Nagoya Mayor Moving Toward Formal Declaration of IR Bid Intentions

Undeterred by the opposition of the prefectural governor, Nagoya Mayor Takashi Kawamura indicated at a press conference on Monday that he was moving toward a formal declaration of his city’s IR bid intentions in the near future.

Iwate Racing Hit By Fourth Steroids Detection

On Monday night it was announced that a fourth racehorse belonging to the Iwate Prefectural Horse Racing Association (Iwate Keiba) had tested positive for the steroid boldenone, although the authorities may now be closer to unravelling the mystery of where the scandal began.

Universal Entertainment January-September Net Income Reaches US$1.5 Billion

Japanese gaming conglomerate Universal Entertainment reported net income of 168 billion yen (about US$1.5 billion) and net sales of 67 billion yen (about US$593 million) for the first nine months of 2018.

Steve Wynn Sues Wynn Resorts and the Massachusetts Gaming Commission

Hopes that Wynn Resorts had fully moved on from the Steve Wynn era were dashed last Wednesday when the scandal-plagued former chairman and CEO sued the company that he had co-founded. Steve Wynn also sued the Massachusetts Gaming Commission.