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Tag Archives: Japan

Does Japan still want casinos?

A scramble to submit bid applications has reversed polarity. Now the most coveted licences in the world have run into serious head-winds. How did it get to this? G3 speaks to gaming consultant Jonathon Strock, who spent six years investigating a bid for France’s Barriere Group in Wakayama, Japan. He assesses the bidders, the reasons…

Nagasaki: Economic driver for regional growth and prosperity

Yokohama’s exit from the Integrated Resort licensing process leaves Wakayama, Osaka and Nagasaki each with the potential to win one of the three remaining licences. While Osaka is the front runner ahead of its smaller regional competitors, G3 speaks to Ken Hirata, Vice Governor of Nagasaki Prefecture, Japan, about the prefecture’s prospects and why it…

Japan – Japan’s new Prime Minister gives his support to casino initiative

Fumio Kishida, Japan’s new Prime Minister, has spoken out for the first time about casinos in Japan saying they are a vital step in transforming tourism in the country. Responding to questions from Kiyomi Tsujimoto, Deputy Representative of the Constitutional Democratic Party, on the viability of Integrated Resorts casinos, he said: “It is an important…

Japan – Casinos Austria International Japan releases proposal summary for Nagasaki

Casinos Austria International Japan (CAIJ) has released details for its Nagasaki Integrated Resort which could be built at Sasebo city’s Huis Ten Bosch if Nagasaki wins one of three casino licences to be awarded by government. Casinos Austria International believes its Nagasaki resort would need an investment of JPY 350bn (US$3.2bn) and will attract up…

Japan – Preferred operator status now official for MGM in Osaka

The foregone conclusion that MGM Resorts and partner ORIX Corp are the preferred developers to build an Integrated Resort casino on the artificial island of Yumeshima in Osaka Bay has been made official by Osaka Prefecture and Osaka City. The consortium was the only option left for Osaka following the withdrawals of Genting Singapore, Galaxy…

Japan – Casinos Austria’s Nagasaki casino could generate US$1.36bn a year

Casinos Austria’s Nagasaki casino resort could generate gaming revenues of US$1.36bn a year, according to the Nagasaki Prefectural Assembly who said that a tax of 15 per cent would generate US$204m for the prefecture. Casinos Austria has said the resort will cost US$3.17bn to build and will attract 8.4 m visitors a year. It will…

Japan – Former government official sentenced to four years in 500.com bribery case

The Tokyo District Court has handed out a four year prison sentence to Tsukasa Akimoto a former vice-minister in charge of tourism and casino promotions, for taking bribes from Chinese gambling company 500.com. Mr. Akimoto was found guilty of accepting Y7.6m ($69,200) in bribes and gifts from 500.com as it looked for a share of…

Japan – Yokohama pulls out of Japan’s casino race

Yokohama’s new mayor Takeharu Yamanaka has pulled the plug on the city’s attempts to become one of three Japanese cities to host an Integrated Resort casino in a devastating blow to Genting Singapore and its partner Sega Sammy. Genting Singapore had already confirmed it would partner with five reputable Japanese corporates including Sega Sammy Holdings,…

Japan – Casinos Austria signs ‘basic agreement’ with Nagasaki Governor

Casinos Austria International Japan (CAIJ) has now signed an official agreement, confirming it as Nagasaki prefecture’s preferred casino developer to build an integrated casino resort, alongside the existing Huis Ten Bosch theme park. The casino will boast a 9,000 square meter gaming floor with 220 gaming tables and 2,200 slot machines ‘offering a gaming experience…