GGRAsia – Japan

Japan big enough for reasonable return: MGM’s Bowers

Jul 12, 2023 Newsdesk G2E Asia 2023: Macau, Japan, Latest News, Top of the deck

Ed Bowers (pictured), president global development at casino operator MGM Resorts International, says the company has reached a new milestone, after being certified by the national government in...

Sakaguchi new secretary-general of Japan casino commission

Jun 28, 2023 Newsdesk Japan, Latest News, Top of the deck

Japan’s central government says it has appointed Takuya Sakaguchi as secretary-general of the Japan Casino Regulatory Commission, the body responsible for overseeing the country’s nascent gaming...

Deloitte gets contract to help Osaka oversee IR work

Jun 27, 2023 Newsdesk Japan, Latest News, Top of the deck

Business consultancy Deloitte Touche Tohmatsu LLC has been chosen by Japan’s Osaka prefecture to provide it support services for the monitoring of the business activities of the metropolis’...

Still chance of casino resort nod: Nagasaki prefecture

Jun 16, 2023 Newsdesk Japan, Latest News, Top of the deck

The government of Japan’s Nagasaki Prefecture says it “thinks there is still a chance” its development proposal for an integrated resort (IR) with casino will be approved by the national...

More non-gaming assets would up Osaka IR rev: consultancy

Jun 15, 2023 Newsdesk Japan, Latest News, Top of the deck

Japan-based business consultancy Resona Research Institute Co Ltd says the addition of a theme park and marine leisure facilities, as well as of a large-scale commercial space, to Osaka’s planned...

Osaka city council vote on IR ‘fors’ and ‘againsts’

Jun 13, 2023 Newsdesk Japan, Latest News, Top of the deck

The city council in the Japanese metropolis of Osaka (pictured), a front-runner to host that country’s first integrated resort (IR) with casino, held on Friday a vote on a resolution to proceed...

JCM eyes US$276mln annual sales three years from now

Jun 06, 2023 Newsdesk Japan, Latest News, Top of the deck

Japan Cash Machine Co Ltd, also known as JCM Global, says it is targeting net sales of JPY38.50 billion (US$275.9 million) in the fiscal year ending March 2026, as part of the group’s medium-term...

Summit to pay US$36mln for Okinawa land for a luxury hotel

May 19, 2023 Newsdesk Japan, Latest News, Top of the deck

Hong Kong-listed Summit Ascent Holdings Ltd, an investor in the Tigre de Cristal casino resort, near the Russian Pacific port of Vladivostok, says it will pay an aggregate of HKD280.0 million...

Nagasaki no news yet on central govt timing of IR decision

May 17, 2023 Newsdesk Japan, Latest News, Top of the deck

The authorities in Japan’s Nagasaki prefecture have told GGRAsia they have no information yet on the timing of the national government’s decision regarding their application to host an...

JCM annual gaming sales up 45pct, profit soars

May 12, 2023 Newsdesk Industry Talk, Japan, Latest News

Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of nearly JPY3.15 billion (US$23.4 million) in the 12 months to March 31. Such profit was up 419.7 percent year-on-year, the...