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Covid-19 Accelerates Decline of the Pachinko Industry

Oftentimes what periods of great crisis do is less to create entirely new trends, but rather to accelerate history, to speed along existing trends much faster than the leisurely evolution that might otherwise have occurred.

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.

Covid-19 Lockdowns a Watershed Moment for Internet Gambling

A gradual shift from brick & mortar facilities to desktop and mobile devices has already been underway in recent decades, but one likely consequence of the Covid-19 lockdowns—in Japan and across the world—is that the older generations, who have been reluctant to embrace digitization, are now being forced to do so, and this is true of the Asian gambling industry as well.

IR Policy Delay Now Close to Inevitable

Putting aside the question of whether or not Japan’s IR development will eventually proceed along the current policy lines or not, developments in the past weeks have made it increasing difficult to believe that the timeline will be maintained as currently planned.

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.

Akimoto Out of Detention, But Many Unanswered Questions Remain

As with most of the other major political scandals in the Shinzo Abe era, the final chapter does not seem to conclude with an unraveling of the mysteries, with lessons learned, and then the beginning of reforms, but rather with the investigations grinding to a halt before they reveal the full truth, with logical progressions left hanging, and with the government carrying on as if nothing were amiss.

Trending Articles

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.