Ho Confident of More Table Game Allocation Next Year

Melco’s Lawrence Ho is confident his company will be granted more new-to-market gaming tables next year, TDM News reports.

Nightclubs May Help Drive Revenue at Asian IRs

Among the non-gaming attractions that should be considered for Japanese IRs are major nightclubs. One of the objectives of IRs, after all, is to provide 24 hour per day entertainment in Japan, and thus boost consumer spending. This movement is already afoot in other parts of Asia.

The Road Ahead for Japanese IRs

With the passage of the IR Implementation Act on Friday evening, attention will soon begin to turn to the steps ahead.

No Casinos on Boracay, Government Insists

Galaxy Entertainment Group, which is hoping to expand into Japan and the Philippines, may have to reconsider its plans for an IR on the island of Boracay after the government again insisted no casinos will be allowed.

Universal Unit Seeks Backdoor Listing in the Philippines

Universal Entertainment’s Philippine unit, the operator of the Okada Manila, is planning a backdoor listing through the takeover of Manila-traded Asiabest Group (ABG).

Deloitte Wins Tokyo IR Advisory Contract

Deloitte Tohmatsu has won the contract from the Bureau of Port and Harbor of the Tokyo Metropolitan Government to research the economic and social impacts of building an IR in Japan’s capital city.

Casinos Austria International Emerges Into the Japan IR Hunt

Casinos Austria International (CAI) unexpectedly emerged as the 17th international IR operator—and the second Europe-based firm—to clearly enter the contest for one of the three IR licenses to be available in Japan.

GPI in Merger Talks with Angel

Gaming Partners International Corporation (GPIC) has entered into a merger agreement with Angel Holdings in which Angel will acquire GPIC for approximately US$110 million.

Political Instability Hits Osaka

At the very end of 2018, after looking rock solid for many months, political instability hit Osaka as both Governor Ichiro Matsui and Mayor Hirofumi Yoshimura announced that they were prepared to resign their posts early in order to provoke early elections in April 2019.

Only Three Prefectures Will Confirm IR Bid Intentions

Osaka, Wakayama, and Nagasaki—only these three prefectures are willing to openly admit that they will be making IR bids, according to a survey of all 47 prefectures and 20 designated cities conducted by Kyodo News in the latter part of 2018.

Trending Articles

Anti-Casino Mayoral Candidate Emerges in Wakayama

The issue of Wakayama’s IR bid will be a leading point of contention in the city’s July 29 mayoral election after a decidedly anti-casino challenger, Kumiko Shima, announced her candidacy.

US Supreme Court Strikes Down Ban on Sports Betting

The US Supreme Court has struck down a federal law against sports betting, paving the way for states to introduce legislation and opening a multi-billion dollar market.

Star Entertainment VIP Revenue Surges

Star Entertainment Group said its international VIP rebate business has continued to show strong growth into the second quarter, with turnover jumping almost 64 percent year to date.

Judicial Scriveners’ Association Calls for Scrapping IR Bill

The Japan Federation of Shiho-Shoshi Lawyer's Associations, the leading group for the nation’s judicial scriveners who specialize in legal registration procedures, issued a statement on June 5 calling for the IR Implementation Bill to be scrapped.

Opposition Makes Last Ditch Appeal against IR Bill

Five House of Representatives lawmakers from five separate opposition parties held a press conference within the Diet Building on June 12 in a last ditch attempt to prevent the passage of the IR Implementation Bill through the Lower House.