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IR Not Welcome in Kyoto

Yoshio Tateishi, head of the Kyoto Chamber of Commerce & Industry, made clear in a press conference on Tuesday that although his organization will support Osaka in its bid to build an IR at Yumeshima, the ancient capital of Japan itself has absolutely no interest in hosting its own such facility.

Gambling Addiction is a Family Affair

A survey of gambling addicts in Japan has found that in more than 80% of cases family members have taken on personal financial debts in an attempt to assist their afflicted loved ones. In many cases, the gambling debts taken on by the families exceeds several tens of thousands of dollars.

Abe Scandal Flares Up Again as IR Debate Commences

The long-awaited parliamentary debate on the IR Implementation Bill began Tuesday in a plenary session of the House of Representatives, but on the very eve of its commencement a revelation regarding one of Prime Minister Shinzo Abe’s swirling scandals shook the government anew.

Fitch Says MGM Credit Profile Improving

Fitch Ratings has reaffirmed the credit rating of MGM Resorts and its MGM China unit, saying the group’s credit profile is improving.

Atlantic City’s Hard Rock Casino Resort to Open June 28

The former Trump Taj Mahal casino is being rebranded as a Hard Rock property. It is one of two shuttered casinos due to reopen this summer, along with the former Revel casino, renamed the Ocean Resort Casino.