GGRAsia – Japan

Japan

Melco could boost Japan chances via Crown play: brokers

May 31, 2019 Newsdesk Japan, Latest News, Macau, Top of the deck, World

Several brokerages suggest the acquisition of a 19.99-percent stake in Australian gaming firm Crown Resorts Ltd might boost the chances of Melco Resorts and Entertainment Ltd in the race for a casino...

Barrière ok as Japan IR minority owner if has ops role

May 28, 2019 Newsdesk Japan, Japan Gaming Congress 2019, Latest News, Top of the deck

French gaming and hospitality brand Groupe Lucien Barrière would be “comfortable” with a minority equity position in a Japan casino resort, provided the firm were able to have a role in gaming...

Yokohama casino could cost up to US$12bln: RFI findings

May 27, 2019 Newsdesk Japan, Latest News, Top of the deck

A Yokohama casino resort could cost as much as US$12 billion to build, and six of the largest casino operators in the world – including four with Macau operations – have some interest in a scheme...

Okada alleges son, wife, Universal boss stole Tiger Resort

May 27, 2019 Newsdesk Japan, Latest News, Philippines, Top of the deck

Japanese gaming entrepreneur Kazuo Okada has accused 11 people – including his son Tomohiro, his estranged wife Takako, and Jun Fujimoto, the president of Universal Entertainment Corp, the...

LVS targets Japan big cities for IR bid: Tanasijevich

May 24, 2019 Newsdesk Japan, Latest News, Top of the deck

Las Vegas Sands Corp is only in the running for a big-city Japan casino licence, said the group’s managing director of global development, George Tanasijevich (pictured), in an interview with...

Galaxy Osaka investment similar to Cotai flagship: Ted Chan

May 23, 2019 Newsdesk Japan, Latest News, Top of the deck

Japan integrated resort (IR) projects are likely to be a success in whichever cities they are located, said Ted Chan Ying Tat (pictured), chief operating officer of Galaxy Entertainment Japan, in an...

Japan govt to postpone release of IR basic policy: reports

May 23, 2019 Newsdesk Japan, Latest News, Top of the deck

The Japanese national government is reportedly planning to delay the release of a so-called basic policy for the development of casino properties in the country. The postponement – not officially...

US$65bln pipeline to lead to Asian casino glut: Union Gaming

May 21, 2019 Newsdesk Japan, Latest News, Macau, Philippines, Top of the deck

The rate of economic growth in Asia fails to justify a proposed US$65-billion development pipeline for new casinos, according to Union Gaming Securities Asia Ltd. “We estimate the Asian gaming...

Japan low jobless rate concern for casino ops: MS

May 20, 2019 Newsdesk Japan, Latest News, Top of the deck

Japan’s “very low unemployment” could be a major problem for international casino firms hoping to hire thousands of locals, should such firms win one of up to three casino licences on offer in...

Okada fresh legal moves to quash Philippine arrest order

May 20, 2019 Newsdesk Japan, Latest News, Philippines, Top of the deck

Japanese gaming entrepreneur Kazuo Okada (pictured) and one of his senior executives Takahiro Usui are to take fresh legal steps in the Philippines to try and quash arrest warrants that have been...