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Tokyo Mulls IR Development in Odaiba Aomi Area

The Tokyo Metropolitan Government has announced a series of consultations with private companies over its tentatively-named “Tokyo Bay Area Vision,” which explicitly includes the possibility of an IR bid for the Aomi area of Odaiba.

Sega Sammy Sees 3.2% Decline in Net Sales in April-September 2019 Period

Sega Sammy Holdings has recorded its net sales in the April-September 2019 six-month period at nearly 166 billion yen (about US$1.5 billion), which represents a 3.2% year-on-year decline.

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%.

Yokohama Establishing New IR Promotion Office

The Yokohama municipal government is establishing a new “IR Promotion Office” to guide its policies into the more active phase of IR development.

Tennis Champion Naomi Osaka Becomes Melco Brand Ambassador for Yokohama IR Bid

Melco Resorts & Entertainment made several major announcements at a press event in Tokyo on Tuesday, including that Japanese tennis champion Naomi Osaka has become brand ambassador and sports group director for the company’s Yokohama IR bid.

Suncity Outlines Plans for Wakayama IR

Suncity Group has revealed its plans for an IR featuring the traditions, history, and natural landscape of Wakayama.

Japan’s Anti-Money Laundering Measures Under Scrutiny

The intergovernmental Financial Action Task Force (FATF) began an in-depth survey of Japan’s anti-money laundering policies this week, examining government ministries, private banks, and cryptocurrency exchanges.

Three Airports Part of MGM’s “Osaka Only” IR Bid

Resorts and Orix Corporation clarified that all three regional airports—Kansai International Airport, Itami Airport, and Kobe Airport—will be associated with their consortium’s bid to build an IR at Osaka Yumeshima.

Sands Envisions US$10-12 Billion IR Investment in Yokohama

Las Vegas Sands executives told an earnings conference call that they are focusing attention on their Yokohama bid, which they envision will involve an investment of US$10-12 billion.

Resona Bank Creates Yumeshima IR Development Team

Resona Bank Vice-President Hajime Kosaka has been giving a series of interviews to Japanese newspapers explaining that his firm has established a sixteen-department, fifty-person project team dedicated to the development of the prospective Yumeshima IR and the 2025 World Expo.

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.