Tuesday, April 13, 2021
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Tsukasa Akimoto, trial

Tsukasa Akimoto trial: envelopes of cash in a bag of sweets

The Japanese public’s image of IR development is sure to suffer as details emerge of the alleged bribery of former Senior Vice-Minister of the Cabinet Office Tsukasa Akimoto.
Japan parliament

Japan’s leading opposition party makes casino abolishment “basic policy”

The leading opposition party in Japan, the Constitutional Democratic Party of Japan, published a list of its basic or fundamental policies this week, including a pledge to abolish casinos.

Yokohama passes annual IR development budget

The Yokohama City Council has approved its annual budget for IR development expenses at a plenary session, backed by the conservative ruling parties and opposed by opposition parties.

Bobby Soper to lead Mohegan’s Korea and Japan campaigns

Mohegan Gaming & Entertainment has announced that Bobby Soper has been appointed to the new role of International President, a role in which he will oversee all aspects of the firm’s efforts related to both the Inspire Korea Project in South Korea and the joint bid for an integrated resort license in Nagasaki with Oshidori International.

Kintetsu close to abandoning rail link extension to Yumeshima

Kintetsu Group Holdings is reportedly close to abandoning its earlier plans to extend its rail line to Yumeshima before the 2025 World Expo. The firm is concerned that there may be little passenger demand with lingering uncertainty over the pandemic and the future of IR development in Osaka.

Nagasaki demands investor exclusivity in Japan IR race

Nagasaki authorities say investors in entities that have qualified for the next portion of the prefecture’s RFP process will not be allowed to participate in similar bidding processes elsewhere in Japan.

Yokohama mayor under fire for pro-IR messaging

Yokohama Mayor Fumiko Hayashi is facing the ire of opposition councilmen both for the pro-IR pamphlet distributed by her administration that does not admit any negative effects of hosting a casino, as well as repeated challenges to her position that a popular referendum is unneeded.
Japan’s IR process lurches forward with Nagasaki selections, Osaka invite

Japan’s IR process lurches forward with Nagasaki selections, Osaka invite

Japan’s IR process appears to move forward in fits and starts, but there were two noteworthy events to emerge at the end of the week that advance the slow process towards the country's first casinos.

Osaka seeks more bidders, gives April 6th deadline

The Osaka Prefecture, which currently has MGM Resorts as a sole bidder for a license, has said it will consider further proposals, with documents to be submitted by April 6th.

Oshidori, Casinos Austria, NIKI move to Nagasaki second round

Nagasaki authorities have announced that it has narrowed the field of bidders for a license down to three, choosing Casinos Austria, Oshidori Group and NIKI Chau Fwu.

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Nagacorp says Q1 mass business continues to improve

Nagacorp said its mass market business continued to improve in Q1, gaining sequentially from the second half of last year and returning to about 99 percent of its Q1, 2020 levels before the pandemic took hold.

Sanctioned casino mogul explores Laos expansion

The owner of the Kings Roman casino in the Golden Triangle is reportedly seeking a plot of land in Laos for tourism and agricultural development.
recovery, events, conference, industry

Slow road to recovery for in-person convention industry: Bernstein

Analysts at Bernstein are expecting a slow recovery of the in-person meetings and events industry, with visitation levels from this subset to return at 2023 at the earliest. 

Macau residents to get MOP8,000 to spend

Macau citizens and permanent residents will soon benefit from a US$999 handout in order to boost consumer spending as the SAR recovers from the pandemic.

Paradise Co pilots AI serving robot

Paradise Hotel Busan has announced it is trialing an ‘AI Serving Robot’ to expand its non-face to face services to its food and beverage establishments.