Denial as Japan’s IR Development Strategy

Whatever hand wringing may be taking place in private, the Shinzo Abe government’s IR strategy remains one of publicly pretending that all is well, that the ship is still on course, and its full speed ahead.

Coronavirus, Tokyo Olympics Threat May Unravel IR Plans

This culminating situation in Japan is shaping up to be a perfect storm to foil Prime Minister Shinzo Abe’s going-away party.

The Kabuki of the Japan Integrated Resorts Race

The long and winding Japanese Integrated Resort story resembles a daytime soap opera. At the rate the plot has been plodding along, It won’t be a surprise if it gives NBC’s Days of Our Lives a run for the money in terms of longevity.

Would Japan’s IR Policy Survive the Fall of Shinzo Abe?

Since the passage of the IR Implementation Act in July 2018, the question of whether or not the nation would really move forward with its IR development policy seemed to be definitely settled in the affirmative. However, a series of rather unlikely events in recent months may have reopened the possibility—even if a somewhat remote one—that Japan’s entire pro-IR policy could yet entirely collapse.

“Synergy” is the Keyword for Wakayama’s IR Bid

For many observers, Wakayama Prefecture’s bid to gain one of the three available IR licenses has looked like a long-shot, most of all because of the geography that places it so near the anticipated Osaka Yumeshima development.

Osaka May Be Ripe for an IR Rethink

At many points in the IR development process it seemed that Osaka’s leaders were running the most masterful campaign to gain one of the three available licenses, but it may now be time for Mayor Ichiro Matsui and Governor Hirofumi Yoshimura to step back, take a breath, and look at the situation with fresh eyes.

A Conversation with Nagasaki Vice-Governor Ken Hirata

AGB Nippon recently sat down for an exclusive interview with Nagasaki Vice-Governor Ken Hirata, who gave us the low-down on one of the best prepared local government IR candidacies, touching on a variety of issues of national significance.

Asian Casino Industry Battered by Wuhan Coronavirus

Had the three Japanese IRs already been open for business, the crisis over the spread of the Wuhan Coronavirus would have been very bad news for the industry, and Japanese gaming industry managers would now be grappling with most of the same difficulties facing Macau, Singapore, and the rest of Asia.

IR Operator View of the Risks of the Japanese Market

Genting Singapore, a major Asian IR operator deeply interested in the Japanese market, has been the most tightlipped of all of the bidders about their plans for the country. This changed significantly on Monday, however, with the issuance of an 84-page “Circular to Shareholders” that outlined a number of key points about the company’s objectives.

Clairvest: Hokkaido’s IR Bid May Yet Reemerge

“Hokkaido is still a very strong location for one of the Japanese Integrated Resorts based on the concept of good food, good sports, and good nature. Our position is unchanged.” So says Robert Verdier, president of The Taffrail Group, which leads the Clairvest Group’s IR campaign in Japan, in an exclusive interview with AGB Nippon.

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City of Parañaque Grants Approval for New Landing IR

Landing International Development Ltd. has announced it has been granted approval from the city council for a new integrated resort in the City of Parañaque, Philippines.

Suncity Forms Japan Consortium, Eyes Local Gaming in Vietnam

Suncity Group, Macau’s leading junket operator, has formed a consortium in Japan to study a potential license bid there, executive director Andrew Ho said in an interview.

Lawrence Ho: Japan IR Revenues Unlikely to Reach Macau Levels

Melco Resorts Chairman and CEO Lawrence Ho does not expect that Japanese IRs will produce revenues on the scale of Macau, but he is nevertheless more than willing to build “a 10 billion USD plus resort” in either the Kansai or Kanto regions of the country.

Macau MICE Participation Rises in 2018Q1

Macau’s 2018Q1 MICE statistics showed the gaming hub hosted few events, but the larger exhibitions and conferences drove total participation up by 31.5 percent.

Goa Tax Authorities Demand Service Tax on License Fee

The intelligence arm of Goa’s tax department has served notices to ten casinos in Goa, demanding they pay a service tax on their license fees, local media reports.