Kazuyoshi Nagashima, a former mayor of a small city and one-term House of Representatives lawmaker, is at present the only openly declared candidate for the July 30 election to become Mayor of Yokohama. His main campaign slogan is a succinct two words: NO CASINO!!!
Last year, incumbent Yokohama Mayor Fumiko Hayashi had repeatedly described locating an IR in the Minato Mirai district of her city as being “a powerful means of securing tax revenue” and even as “necessary for the sustainable development of Yokohama.” But within a couple of weeks of Nagashima announcing his candidacy in mid-January under the anti-casino banner, Mayor Hayashi changed her tune. She stated in a January 25 press conference that it would be “considerably difficult to make concrete moves” toward hosting an IR and declared that “it’s very important to have a policy to combat addiction; we need to examine this issue as the city...
Hong Kong-listed Landing International is looking to raise HK$138.8 million (US$17.9 million) through the issuance of new shares in order to upgrade facilities at Jeju Shinhwa World.
The India federal government has set up a panel of state ministers to examine whether changes need to be made regarding how casinos, online gaming and racecourses are levied for GST.
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
