Panasonic Launches IR Business Headquarters

Electronics and technology giant Panasonic is jumping with both feet into the anticipated IR industry by consolidating on July 1 about thirty of its employees into an “IR Business Promotion Headquarters.”

Wynn Resorts to Build US$2 Billion Crystal Pavilion

Construction for Wynn Resorts’ Phase 1 South Parcel Pavilion and 650 room hotel tower is expected to commence in late 2021, with costs estimated at US$2 billion.

Yokohama Mayor: More Watching and Waiting

Yokohama Mayor Fumiko Hayashi, the self-described “blank slate” on an IR bid, is becoming clear about one point—don’t expect her to make a decision soon.

Imperial Pacific Acquires 50% Stake in Saipan Resort Developer

Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50% stake in American Sinopan, a company developing two pieces of land in Saipan.

Kintetsu Mulls Battery-Powered Train for Yumeshima

Kintetsu Railway believes that it may have found a technological solution that could make possible its scheme for an express service between Yumeshima, the future home of Osaka’s IR, and Nara, one of the ancient capital cities of Japan and a major tourist destination—a battery-powered train.

Caesars Forum on Pace for March 2020 Opening

Caesars Forum, a state-of-the-art 550,000 square-foot conference facility under construction in Las Vegas, is on pace to meet its scheduled March 2020 opening date.

Major Macau IR Operators Employ 108,000 People

The six major IR operators in Macau are directly employing more than 108,000 people as of 2018, according to a survey made by Macau Business magazine.

Yokohama Mayor Still Sounds Like an IR Bid Advocate

Since January 2017 Yokohama Mayor Fumiko Hayashi has insisted that she is a “blank slate” on the issue an making an IR bid, but her actions and the logic of the few public statements that she makes continues to suggest that she remains the IR advocate that she had been up to the end of 2016.

Hokkaido Environmental Group Opposes IR Bid

The Hokkaido Nature Conservation Society has come out against an IR bid from within the prefecture, arguing that it could damage the region’s precious natural environment.

Mohegan Outlines Tomakomai IR Plans

Even while the pro-IR political momentum in Hokkaido appears to have stalled, Mohegan Gaming & Entertainment is moving forward with its plans to bid for a Tomakomai IR, outlining its plans in a release to the Japanese media at the end of June.

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Casino Legislation Remains Deeply Unpopular

Among Japanese lawmakers, dominated by conservative political parties, there is strong support for passage of the IR Implementation Bill in the current Diet session, but the latest poll by the Kyodo News agency shows that the legalization of casino gambling remains deeply unpopular with the public at large.

Sega Sammy’s Haruki Satomi Speaks of IR Ambitions

Haruki Satomi, president and COO of Sega Sammy Holdings, as well as the son of company founder Hajime Satomi, was interviewed on CNBC on May 4, speaking of his company’s IR ambitions.

EY Wins Wakayama RFI Consulting Contract

On Thursday, the Wakayama Prefectural Government announced that it had selected the auditing firm EY to conduct its RFI process with IR operators.

Bloomberry Resorts Eyes Wakayama IR Bid

Philippines-based Bloomberry Resorts, the operator of the Solaire Resort in Manila, was an early mover on seeking an IR license in Japan, and their main interest appears to have converged on Wakayama’s Marina City location.

Wynn Resorts Appoints First Sustainability Officer

Wynn Resorts has announced the appointment of Erik Hansen as the company’s first Chief Sustainability Officer.