Casino news tagged with 'japan'
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Casino news tagged with 'japan'

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News tagged with japan:
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mar
27

MGM Teams up with Japanese partner Orix in Bid for Osaka Casino License

Tags: Ed Bowers, Japan, MGM Resorts, Orix, Osaka
Posted on Wednesday, March 27, 2019 by "T".

MGM Resorts and Orix Corporation have formed a partnership in its bid to be chosen by the Osaka prefectural government for an integrated resort (IR) development at Yumeshima.

This is the very first time that an international IR operator has revealed to the public the identity of one of its Japanese consortium partners. Apparently, the partnership between MGM and Orix was made around three months ago (December 2018).

MGM Resorts is the parent company of Macau casino operator MGM China Holdings Ltd.


Read more » MGM Teams up with Japanese partner Orix in Bid for Osaka Casino License

jan
9

Japanese Billionaire Casino CEO Faces Arrest on Fraud Charges

Tags: Billionaire, Japan, Kazuo Okada, Okada Manila, Philippines, Takahiro Usui
Posted on Wednesday, January 09, 2019 by "T".

A Philippine court has ordered the arrest of Kazuo Okada, a Japanese billionaire casino mogul, who has been charged three counts of fraud while he was CEO of Tiger Resorts.

Okada, age 76, a man who first made his huge fortune in the 1990s as a supplier of pachinko machines to Japan and eventually made a big early investment into Wynn Resorts, has been accused to have siphoned $3.16 million from Tiger Resorts during his term as chief executive.


Read more » Japanese Billionaire Casino CEO Faces Arrest on Fraud Charges

feb
23

Government proposes US$19 Casino Admission Fee for Japan Nationals and Residents

Tags: Ed Bowers, Japan, Liberal Democratic Party
Posted on Friday, February 23, 2018 by "T".

The government of Japan has proposed to set a casino entry levy of JPY2,000 (approx. US$19) for 24-hour access for the country's nationals and residents, one element that is to be included in the Integrated Resorts (IR) Implementation Bill.


Read more » Government proposes US$19 Casino Admission Fee for Japan Nationals and Residents

jul
31

Amidst controversy, casino-style day care center a favourite among Japanese elderly

Tags: Day Service Las Vegas, Japan, Las Vegas Adachi
Posted on Monday, July 31, 2017 by "T".

In Japan where many of the public disapprove of gambling as it promotes addiction and crime, Day Service Las Vegas is one day care center for the elderly that aims to keep its clientele healthy and happy via their slot machines, high-tech mahjong games and a variety of wholesome entertainment.


Read more » Amidst controversy, casino-style day care center a favourite among Japanese elderly

jul
5

Japan to collect and use some of casino revenue to help prevent gambling addiction

Tags: gambling addiction, Japan
Posted on Wednesday, July 05, 2017 by "T".

Local media reports say that the Japanese government is thinking of collecting some of the revenue generated by casino operators which will then be used to fund for gambling addiction prevention measures.


Read more » Japan to collect and use some of casino revenue to help prevent gambling addiction

jun
28

Japan to Limit Number of Allowed Visits in upcoming Casino Resorts

Tags: Japan, pachinko
Posted on Wednesday, June 28, 2017 by "T".

Late last year, casino gambling in Japan was finally legalized, after many years of discussions on whether it would be best move for the country's betterment. After the approval of the Integrated Resorts Promotion Bill, the Japanese government now must create and pass another type of legislative piece, one which would function to regulate the gambling industry.


Read more » Japan to Limit Number of Allowed Visits in upcoming Casino Resorts

may
31

Melco Resorts CEO prefers to have first casino in Osaka over Tokyo

Tags: Japan, Lawrence Ho, Melco Resorts
Posted on Wednesday, May 31, 2017 by "T".

Lawrence HoIf you ask the Macau billionaire, he said he prefers to build their very first Japan-based casino in Osaka rather than in Tokyo. The Chairman and CEO for Melco Resorts and Entertainment Limited, Lawrence Ho, wishes to be given permission to construct an integrated casino resort on the man-made Yumeshima Island located in Osaka Bay or in the central district of Umekita in Kansai city.


Read more » Melco Resorts CEO prefers to have first casino in Osaka over Tokyo

mar
2

Hard Rock joins Race for Japan Casino

Tags: Hard Rock Cafe, Japan
Posted on Thursday, March 02, 2017 by "T".

Hard Rock Café International is ready to make a big investment in the Japanese Casino Market ever since lawmakers have proposed to discuss the legalizing of casinos in the country. The chairman of the casino said that they are looking to buy up to 60 percent stake in a Japanese casino resort, an entry into what would be one of the biggest casino market in the world.


Read more » Hard Rock joins Race for Japan Casino

dec
19

Casino operators readying to move in as ban is lifted on Japan

Tags: James Murren, Japan, Shinzo Abe
Posted on Monday, December 19, 2016 by "T".

The parliament of Japan has now cleared the way for global casinos to operate in the country after the approval of ‘integrated resorts' law, despite the mixed feelings and warnings from the Japanese public over the involvement of organized crime and gambling addiction.


Read more » Casino operators readying to move in as ban is lifted on Japan


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