UBS Raises 2018 Mass Forecast

UBS has raised its gaming estimates for the mass market for 2018 to 18 percent from 17 percent previously, though adds that the sector is likely to be the most affected by the government’s confiscation of China UnionPay point-of-sale terminals.

Diet Session Extended Until July 22

Anticipating a tough fight ahead with the opposition parties over the IR Implementation Bill, the ruling Liberal Democratic Party opted for a 32-day extension of the Ordinary Diet Session to July 22.

Governor Koike Says Tokyo Needs to Consider IR Bid

In a development that has potential to reshape the IR race in Japan, Tokyo Governor Yuriko Koike indicates that she is willing to consider an IR bid for the Japanese metropolis.

Ted Chan Leads Galaxy’s Strengthening Japan Development Team

In an exclusive interview with AGB Nippon, Ted Chan, appointed as Galaxy’s Chief Operating Officer for Japan Development in April, discussed the increasingly strong position that his Macau-based firm works from as it prepares its bid for one of the three available IR licenses in the country.

Yokohama Mayor Hayashi Insists No Decision about IR Bid Has Been Made

In spite of the ongoing RFI process, Yokohama Mayor Fumiko Hayashi insisted at a Wednesday press conference that no decision about pursuing an IR bid had yet been made, and that she remained a “blank slate” on the matter.

Sega Sammy Consolidates Group Companies in New Tokyo Office

The Sega Sammy Group is bringing together twenty of its group companies and about 6,500 employees into a centralized new headquarters building near Osaki Station in Shinagawa Ward, Tokyo.

Tomakomai Holds IR Lectures for Local Residents

The municipal government of Tomakomai city is in the midst of offering a series of lectures to local residents for the purpose of building support for the IR construction plan. There are a total of seventeen such lectures, each held in a different location in the city.

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.”
Inspire IR in Incheon Korea

Mohegan and Paramount Pictures to Collaborate at IR in Incheon

Mohegan Gaming & Entertainment and the Paramount Pictures Corporation have announced an agreement to build a 404,000 square meter Paramount Pictures-branded theme park at the Inspire IR in Incheon, South Korea.

Rush Street Solicits Community Views for Tomakomai IR Design

Rush Street Japan has launched its “My Tomakomai” online platform in both Japanese and English languages to solicit local community views about the elements which should be integrated into a Tomakomai IR.

Trending Articles

IR Basic Plan Likely to Be Published in November

The IR Basic Plan, which is to lay out in more substantial detail the requirements and processes to make IR bids, is now expected to be published in November, according to a report in the Sankei Shinbun.

Suncity Launches Japanese Website and Wakayama IR Concept Movie

Making up for lost time, the Suncity Group has launched its Japanese-language website, complete with a high production value, five-minute movie outlining its concept for an IR at Marina City, Wakayama.

Saipan Mulls More Junkets

The Commonwealth Casino Commission (CCC) in the Commonwealth of Northern Mariana Islands will discuss an application for four new junket operators today, together with a contract extension for Imperial Pacific International’s chairman.

More Than Half of the World’s Gaming Machines in Japan

The number legally installed gaming machines worldwide in 2018 is estimated at 7,402,395, with Japan taking the lion’s share at over 58%.
Fitch Asia Markets

Fitch Pegs Japan IR Revenues at US$6 Billion

Fitch Ratings has estimated that the first round of IR construction in Japan will create revenues in the US$6 billion range, much smaller than, for example, the Morgan Stanley report of April 11 which foresaw a US$15 billion Japanese IR market developing by 2025.