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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...
Dore ruling could change face of VIP gaming in Macau: Vilela
The final court ruling on Wynn Macau’s liability in the Dore Entertainment case could change the landscape of VIP gaming in Macau, according to gaming expert António Lobo Vilela. Vilela’s latest entry in the Gaming Law Review examines the liability of Macau casino operators for activities...
Lifting the veil on Asia’s casino cruises [Infographic]
This week’s ‘By The Numb3rs’ examines the under-reported casino cruise industry in Asia. While land-based casinos suffered during the covid pandemic, the damage was far greater for casino cruises, which were docked for months on a global scale. According to the Cruise Line International...
SunCity offloads property arm to focus on gaming
SunCity’s Philippines subsidiary, Suntrust Home Developers is doubling down on its Philippines casino business by offloading its non-core property business. According to a filing to the Hong Kong Stock Exchange, Suntrust on Thursday disposed of its remaining 24.27 percent interest in First...
Sands CEO says infrastructure development to benefit Macau
Las Vegas Sands Chairman and CEO Rob Goldstein said the company “firmly believes” the Macau market will recover and will benefit in the future from infrastructure developments throughout the Greater Bay Area. Writing in the group’s 2020 annual report, Goldstein said the opening of the Hong...
Cambodia puts a stop to NagaCorp’s Angkor Wat project
NagaCorp’s ambitious plan to build a non-gaming resort not far from the world heritage site of Angkor Wat appears to have met a hard end, according to a report in the Phnom Penh Post. The US$350 million development project raised eyebrows from the time it was announced last November. Last month,...most popular
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Jeju Dream Tower’s September casino revenue nearly doubles year-on-year
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...