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.

Japan’s MICE Industry Requires Right “Software” for Success

The Japanese government has made little secret that it sees the expansion of the MICE industry near the heart of its ambitions for the three IRs, but experts warn that it will take more than shiny new convention and exhibition centers to deliver success. Rather, it needs a social and educational transformation in Japan that has hardly begun.

Osaka’s IR Plans Lose Some of Their Sparkle

From last November, when Osaka won its bid to host the 2025 World Expo, until August of this year, when Yokohama announced that it was entering the race, Osaka Yumeshima was looking like it would become host to the grandest and most successful IR in Japan.

Japanese Public Left Behind in IR Race

The race to gain one of the three available IR licenses is advancing into the decisive stage, with Japanese local governments and international IR operators eagerly lining up for approval. However, the Japanese general public remains broadly on the sidelines, not waiting in anticipation, but rather sullenly watching developments they don’t approve of.

Yokohama Chamber of Commerce Launches Pro-IR Organization

Having telegraphed its intention to do so since March, the Yokohama Chamber of Commerce & Industry has finally launched its pro-IR organization, dubbed the “Yokohama IR Promotion Association.”

Mass Market Casino Revenues Eclipsing VIP

VIP as a percentage of casino revenues in Macau is expected to go down to as low as 34% by 2022 as the mass market becomes more dominant, according to estimates from Bernstein Research analysts.
 
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...