GGRAsia – Japan

Japan

U.S. law firm class action on 500.com Japan bribe claims

Jan 17, 2020 Newsdesk Japan, Latest News, Top of the deck

A United States-based law firm says it has filed a class action there on behalf of public investors in New York-listed, China-based gaming operator 500.com Ltd, alleging securities fraud. The...

MGM Grand, Mandalay deal aids cash for Japan: Murren

Jan 15, 2020 Newsdesk Japan, Latest News, Top of the deck, World

A joint venture between real estate investment trusts (REITs) MGM Growth Properties LLC and an affiliate of the Blackstone Group Inc is to acquire control of two Las Vegas Strip resorts – MGM Grand...

Akimoto indicted on casino bribery, faces fresh arrest

Jan 14, 2020 Newsdesk Japan, Latest News, Top of the deck

Japanese politician Tsukasa Akimoto, a proponent of casino resorts in that country, was indicted on Tuesday on a charge of accepting bribe money in relation to such efforts, and served with a fresh...

70pct back IR review amid bribery scandal: Japan poll

Jan 13, 2020 Newsdesk Japan, Latest News, Top of the deck

More than 70 percent of the respondents to a survey by Kyodo News agency want the Japanese government to “review” its plans to introduce casino resorts in the country. The media outlet...

Nagasaki confirms three submissions in casino RFC

Jan 13, 2020 Newsdesk Japan, Latest News, Top of the deck

Nagasaki prefecture in Japan told GGRAsia on Friday that it had – by the time of a deadline that day – received a total of three submissions under its request-for-concept (RFC) process...

Japan’s casino commission to be fair, neutral: chairman

Jan 13, 2020 Newsdesk Japan, Latest News, Top of the deck

Japan’s casino management commission will work to balance the potential economic benefits of developing casino resorts in the country with the enforcement of strict regulations, said the...

Japan lawmaker admits donation from firm tied to 500.com

Jan 10, 2020 Newsdesk Japan, Latest News, Top of the deck

Japanese lawmaker Toshimitsu Funahashi, a member of the governing Liberal Democratic Party (LDP), has this week admitted he accepted a JPY1-million (US$9,227) donation from a company that has been...

Japan opposition parties mull bill to abolish IR law

Jan 09, 2020 Newsdesk Japan, Latest News, Top of the deck

Members of Japan’s main opposition parties have agreed to submit jointly a bill seeking to abolish the Integrated Resorts (IR) Promotion Act, an enabling bill passed in 2016 that legalised casino...

Japan’s Chiba not pursuing casino bid: mayor

Jan 07, 2020 Newsdesk Japan, Latest News, Top of the deck

Toshihito Kumagai, a political independent who is mayor of the Japanese city of Chiba (pictured), said on Tuesday that his administration would not be applying to the national government to host a...

Japan casino commission due to hold first session Jan 10

Jan 07, 2020 Newsdesk Japan, Latest News, Top of the deck

The first meeting of Japan’s casino management commission is scheduled for Friday (January 10), after the body was formally set up on Tuesday in line with a previously-announced timetable. That is...