Eight places in Japan are definitely considering seeking national government permission to host casino resorts, according to comments by Kazuyoshi Akaba, Japan’s Minister of Land, Infrastructure, Transport and Tourism, at a Tuesday press conference.
The eight places were: Hokkaido, Chiba city, Tokyo, Yokohama city, Nagoya city, Osaka, Wakayama, and Nagasaki. So said the minister, citing the results of a survey by the Japan Tourism Agency, according to information collated by GGRAsia’s Japan correspondent.
The survey was carried out between September 9 and 19. Jiji Press news agency reported that the tourism body would conduct follow-up interviews with officials from the eight areas identified, in order to assess the progress of their planning.
A separate survey by Jiji Press indicated that the cities of Kawasaki, and of Hamamatsu, Shizuoka Prefecture, were also considering seeking permission to host a casino resort.
The central government plans to permit casino construction at up to three locations. Suitor places must first select private-sector partners before making their pitch to the national government.
Fitch Ratings Inc said in a report last week that Japan’s requirement that any casino operating licences issued in that country be subject to a renewal process every 10 years is the “biggest obstacle to securing bank financing” for schemes that are expected to cost many billions of U.S. dollars each.
Oct 18, 2019The Macau government has collected nearly MOP85.66 billion (US$10.6 billion) in tax revenue from the city’s gaming industry in the first nine months of this year. The tax revenue collected from the...
Oct 18, 2019
”The [Macau] junket sector ... feels that more stringent requirements can enhance the reputation for the sector as a whole, so they [the junkets] are willing to comply with it in order for the sector to sustain a healthy development for the long term”
Paulo Martins Chan
Director of Macau's Gaming Inspection and Coordination Bureau