Barrière Puts Emphasis on “Tailor-Made” IRs

Elaborating upon their concept of building a “European-style” IR within Japan, representatives of Groupe Barrière told AGB Nippon in an exclusive interview that an important element of their idea is that any development plans produced by the company would be “tailor-made” for the specific location under consideration.

Wakayama Launches RFI Process

The Wakayama Prefectural Government on Tuesday launched its RFI process for its anticipated IR bid, to be conducted by its new consulting company, EY.

IR Bill Expected to Pass House of Representatives on June 14

According to Japanese media reports, the ruling party intends to pass the IR Implementation Bill thorough the Cabinet Committee on June 13 and through a plenary session of the House of Representatives on the following day, June 14.

Japanese IRs: Preparing for Natural Disaster

This week’s 6.1 magnitude earthquake in Osaka is a timely reminder that IRs in Japan, more than in most other jurisdictions, need to be designed with issues of natural disaster-preparedness high on the agenda, including defenses against earthquakes, tsunamis, and even volcanoes.

Wakayama Mayoral Debate Puts IR Plan on Firing Line

The face-to-face debate on July 5 between the two candidates for Wakayama mayor underlined the fact that neither candidate is currently in open alignment with the prefectural government’s plan to build an IR at the Marina City site.

Lotte Tour Enters Casino Business with Jeju Purchase

South Korea’s Jeju island, a popular tourism destination for Japanese, continues to attract investment into its casino sector, with travel agency Lotte Tour Development buying the Jeju Lotte casino for 15 billion won (US$13.4 billion).

Coordinating the Yumeshima IR and the 2025 World Expo

While neither event is confirmed, the Osaka government plans to open a major urban IR and host the World Expo on adjoining plots of land on Yumeshima island in the middle of the next decade. Concerns remain whether the IR can be built before the 2025 Expo, or, perhaps worse, that both will need to be built at the same time.

Aichi Governor Omura Urged to Run for Reelection

A delegation of local mayors has asked Aichi Governor Hideaki Omura to run for reelection when his second term ends next February, a race that will have implications for the potential IR bids of both Tokoname city and Nagoya city.

Wynn Resorts Upgrades Its Japanese Webpage

In a clear sign that Wynn Resorts is now in the midst of ramping up its IR campaign, the company’s Japanese-language website has been fully redesigned and upgraded, going live on Monday.

Foxwoods and Mohegan Generate More than US$3.7 Billion in Economic Activity

The 2018 Indian Gaming Industry Report by Meister Economic Consulting finds that the two tribe-owned casino resorts in Connecticut—Foxwoods Resort Casino and Mohegan Gaming & Entertainment—generate a combined US$3.7 billion in economic activity through taxes, job-creation, and other aspects.

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Wakayama Seminar Draws In the Business Community

The Wakayama IR Business Connect Seminar was held on the late afternoon of the 19th and was successful in drawing interest from a large cross-section of the local business community, as well as domestic and international media.

Carl Icahn Gains Three Seats on Caesars’ Board of Directors

Caesars Entertainment agreed last week to allow investor Carl Icahn to appoint three directors to its company board, indicating that a substantial change of policy direction is in the offing as Mark Frissora steps down at the end of April.

Analysts Less Optimistic Than Operators About Japan

Investment analysts are far less optimistic about the prospects for the casino market in Japan than the operators who are pushing hard for a license, warning that returns and gross gambling revenue may fall far short of high expectations.

Hokkaido Gambling Addiction Council Holds Nation’s First Meeting

The Hokkaido Gambling Addiction Countermeasure Promotion Council held its first meeting last Thursday at the prefectural government office, with topics such as the procedures for status checks on gambling addiction in the prefecture discussed among council leaders.

Problem Gambling Hotline Receives 503 Calls in February

In the month of February, the Recovery Support Network (RSN), a pachinko addiction helpline headed by Naoyuki Nishimura, received a total of 503 calls to its hotline, 41 cases more than in the previous month.