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Twin Casino launches in Japan market
Malta-based Twin Casino has announced that it is the latest entrant to the Japanese online casino market. Kasper Bach, head of Casino at Twin, commented, “We are incredibly excited to be launching Twin to the Japanese market. We are confident that our clear-cut online casino will offer players a...
Genting Singapore in strong position for Yokohama IR: Maybank
Genting Singapore is in a strong position to win a license for an integrated resort in Yokohama, which has the potential to generate gross gambling revenue of about $7 billion a year, Maybank Research said. Such a resort would be likely to generate $2.7 billion in net profit for Genting and would...
Entertainment to be key draw for Mohegan’s Korea IR
Mohegan Sun is confident that its entertainment-centric business model will help it succeed in South Korea’s notoriously volatile foreigner-only casino market. The company won a license in 2016 to build an integrated resort in Incheon, next to the international airport and about 30 minutes from...
Casino at Jeju Dream Tower to open in May
Lotte Tour Development Co will complete the long-awaited relocation of casino operations to its recently opened integrated resort development, Jeju Dream Tower, in May after receiving final approval this week from the Jeju Provincial Government. The approval comes more than two months after Lotte...
Osaka remains stuck with a single bidder
The Osaka government announced on Tuesday that its effort to briefly reopen its RFP process to additional IR consortiums, did not result in any new takers. Osaka Mayor Ichiro Matsui commented to reporters. “MGM has expressed its intention to continue the Osaka IR, even though it is extremely...
Japan’s public gambling on the rise with boat racing sales up 36% in 2020
The Japan Motor Boat Racing Association has announced increased sales and users in 2020, with its Annual Report showing sales for the year topped JPY2.09 trillion (US$19 billion), an increase of 35.7% from the previous year. The JPY500 billion (US$4.5 billion) year-on-year increase meant 2020 was...
Japan’s Casino Regulatory Commission releases draft casino regulations, launches public consultation period
Japan’s Casino Regulatory Commission released its draft casino regulations on Friday, outlining in more detail what operations of the nation’s first casinos will actually look like. Release of the draft regulations comes more than four years after the IR Development Act was first passed into...
Japan’s draft casino regulations list nine games to be permitted
Japan’s Casino Regulatory Commission has listed nine casino games that will be permitted to operate inside the nation’s casinos, with traditional Japanese games such as pachinko, pachislot and mahjong all notable exclusions. The nine games, contained within the Casino Regulatory Commission’s...
Melco granted rental concessions by Belle Corp for use of City of Dreams Manila land
The Philippines subsidiary of global casino operator Melco Resorts & Entertainment has reached an agreement with its local partner, Belle Corp, that will see it provided with rental concessions for City of Dreams Manila of up to Php3.73 billion (US$77 million) for 2020 and 2021. Details of the...
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. The relevant article read, “We will abolish the casino business, which causes an increase in the number of...most popular
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Myanmar demolishes more illegal gambling buildings in Shwe Kokko and KK Park
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...