Thursday, October 1, 2020
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Abe Government Shaken By Scandal

While it still seems highly likely that the IR Implementation Bill will be passed in the current Diet session, the possibility that scandal could suddenly bring down the Abe government can no longer be entirely discounted.

Casino Legislation Remains Deeply Unpopular

Among Japanese lawmakers, dominated by conservative political parties, there is strong support for passage of the IR Implementation Bill in the current Diet session, but the latest poll by the Kyodo News agency shows that the legalization of casino gambling remains deeply unpopular with the public at large.

Caesars Revs Up Japan IR Campaign

As Caesars Entertainment president and CEO Mark Frissora tours Japan this week, company executives are meeting with local officials and the media, as well as announcing a whole host of new developments that clearly puts Caesars among the front rank of international IR operators seeking a license in Japan.

Casino Management Board Comes into Focus

The structure of the Casino Management Board to be established under the IR Implementation Bill is coming into focus, as the government is revealing to lawmakers its basic plans.

Casino Proposals May Hit Investment Levels, Operators Warn

Government proposals presented to the ruling party this week relating to tax rates, entry fees, and casino floor space restrictions have drawn wildly different reviews from the business community and Japanese political parties.

Trending Articles

Premium Consumer Class to Double by 2025: Bernstein

Bernstein analysts are predicting the number of China’s premium consumer class to increase nearly two fold over the next seven years, reaching 117 million.

Poker Likely to Be Permitted at Japanese Casinos

According to a report in the Mainichi Shinbun, poker is expected to be allowed at Japanese casinos within IRs.

Foreign Tourism on Pace to Smash 30 Million Mark in 2018

Figures released recently by the Japan Tourism Agency found that, once again, the annual number of foreign tourists visiting the country will set a new record in 2018, most likely well above the 30 million mark.

Macau May GGR Rose Lower-Than-Expected 12.1 Percent

Macau’s gross gaming revenue rose 12.1 percent in May, below analysts’ forecasts, with June expected to record a further slowdown as players are distracted by the FIFA World Cup tournament in Russia.

First Wakayama RFI Briefing Attracts 49 Companies

The first of two briefings regarding the RFI process of Wakayama’s expected IR bid revealed strong interest from the business community as a total of 49 companies sent representatives to the event.