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Osaka To Host Japan’s First Casino
Today, Japan’s national government officially approved a plan to construct the country’s first integrated casino-resort in the western city of Osaka, allowing the 1.8 trillion yen, which is approximately $13.5 ...
Japan
Government To Validate Plans For Osaka’s First Integrated Casino-Resort
As reported by the daily newspaper "The Japan Times," the government is projected to approve a plan by Osaka Prefecture and the city of Osaka to officially open Japan's first integrated casino-resort in 2029, g...
Osaka Allocated Next Fiscal Year’s Budget for Building an Integrated Resort
The budget for the following fiscal year is all set by Osaka's prefectural and city authorities. The officials agreed to distribute JPY600 million, or US$4.5 million. They are planning to spend that part of the...
Universal Entertainment Reaches US$87 Million Profit in 2022 Driven by Phillipine Vertical Recovery
Universal Entertainment Corp (UE), a leading Japanese casino corporation, achieved an US$86.5 million profit for the last year ending on 31 December 2022 after a loss amounting to US$144 million sustained in 20...
Travel restrictions ahead of Chinese New Year impact Chinese gambling destinations
Beijing states that various countries are ''taking discriminatory entry restriction measures targeting China” after the country saw a rapid decline in COVID-19 cases and opened up to foreign countries. Chinese ...
Osaka IR Land Lease – Higher Price Decided on
Ischiro Matsui, the mayor of Osaka, recently held its regular press conference. On that occasion, he announced that at least three of the four companies that wanted to be included in the real estate appraisal a...
Draft safer gambling ordinance put forward in Osaka
As they look to secure one of Japan’s coming trio of casino licenses and officials in the city of Osaka have reportedly put forward a draft ordinance that would seek to institute measures for the countering of ...
Japan launches media campaign to reiterate illegality of online gambling
Most forms of online gambling are illegal in Japan and the government of Prime Minister Fumio Kishida has now reportedly launched a public information campaign to remind potential domestic aficionados of this f...
Positive forecast for MGM Resorts International’s planned Osaka casino resort
The $8 billion integrated casino resort MGM Resorts International is looking to bring to the Japanese city of Osaka could reportedly become the most profitable facility of its kind across the whole of Asia.
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Shinzo Abe ‘legacy’ to include premiere of Japanese integrated casino resorts
Last week’s assassination of former Japanese Prime Minister Shinzo Abe (pictured) has reportedly been felt far and wide as the 67-year-old was one of the main protagonists in the effort to bring Las Vegas-style...
Osaka casino resort proposal may soon be subjected to a local referendum
In Japan and the plan to bring an $8 billion integrated casino resort to the city of Osaka could reportedly be in danger after an anti-gambling group managed to collect enough signatures to trigger a local refe...
Japan remaining committed to the illegality of online casino gambling
In Japan and Prime Minister Fumio Kishida (pictured) has reportedly detailed that his administration has no plans to legalize online casinos and reiterated that such enterprises are to remain ‘a gambling crime’...
Universal Entertainment Corporation to file criminal charges over Okada Manila raid
Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is to file criminal charges regarding the attempted Tuesday takeover of its Okada Manil...
Dynam Company Limited experiences post-pandemic revival
The second largest operator of pachinko parlors in the whole of Japan, Dynam Company Limited, has reportedly announced that its net profit for the twelve months to the end of March more than doubled to top a ve...
Welcome recovery for Sega Sammy Holdings Incorporated
In Japan and gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the twelve months to the end of March showing that its net sales had increased by 15.6% year-o...