Tag Archives Japanese

Japanese court penalizes former casino magnate Kazuo Okada

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In Japan and a district court has reportedly ordered local casino magnate Kazuo Okada (pictured) to pay some ¥21.3 million ($191,500) in compensation to the firm he once headed, international gaming conglomerate Universal Entertainment Corporation. According to a report from Inside Asian Gaming, the ruling from the Tokyo District Court comes almost two years ...

Genting Singapore shareholders back firm’s Japanese casino initiative

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Shareholders for the Genting Singapore subsidiary of Asian gambling giant Genting Malaysia Berhad have reportedly overwhelmingly voted to support the firm’s attempt at securing one of a trio of coming Japanese integrated casino resort licenses. According to a report from Inside Asian Gaming, the Singapore-headquartered operator held an extraordinary general meeting yesterday at which ...

Melco Resorts and Entertainment Limited implicated in Japanese bribery scandal

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In Japan and the bribery scandal that began with prominent politician Tsukasa Akimoto (pictured) and Chinese sports lottery firm 500.com has now reportedly grown to embroil Asian casino giant Melco Resorts and Entertainment Limited. According to a report from Inside Asian Gaming citing multiple local sources, the Hong Kong-headquartered casino operator had its Japanese ...

Miyagi Prefecture considering whether to enter Japanese casino license race

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In Japan and the government for Miyagi Prefecture is reportedly contemplating whether it should enter the already crowded race in hopes of securing one of the nation’s coming trio of integrated casino resort licenses. According to a report from Inside Asian Gaming citing an earlier story from the local Kahoku Shimpo newspaper, the northern ...

Japanese political parties hoping to stymie integrated casino resort licensing

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In Japan and three opposition political parties are reportedly set to join with the Japanese Communist Party in order to introduce legislation that could scupper the nation’s licensing of an inaugural trio of integrated casino resorts. According to a Monday report from Inside Asian Gaming, the Social Democratic Party, the Constitutional Democratic Party of ...

Japanese lawmaker Tsukasa Akimoto arrested over further allegations of bribery

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In Japan and prominent politician Tsukasa Akimoto has reportedly been indicted on fresh charges that he may have accepted bribes totalling up to ¥7.2 million ($65,370) from Chinese sports lottery firm 500.com. According to a story from GGRAsia citing an earlier report from Kyodo News, Akimoto is a member of the Asian nation’s House ...

Five additional Japanese lawmakers implicated in alleged casino bribery scheme

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In Japan and five sitting members of the nation’s House of Representatives are reportedly under investigation concerning allegations that they may have accepted bribes from a Chinese firm interested in bringing an integrated casino resort to Hokkaido or Okinawa. According to reports from Inside Asian Gaming and GGRAsia, the Tokyo District Public Prosecutor’s Office ...

Soft2Bet debuts sixth sportsbook Rabona; to enter Japanese market with AlfCasino

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After just recently announcing that it will debut in Japan with its popular AlfCasino brand, Cypriot Casino and sportsbook group, Soft2Bet, has now padded its leading multi-brand portfolio with the addition of Rabona. Named after a football (soccer) trick that involves crossing your legs to chip the ball, the new sportsbook is the sixth under the ...

Japanese government postpones foreign player casino tax proposition

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In Japan and the coalition government of Prime Minister Shinzo Abe has reportedly temporarily shelved a controversial proposal that would have required non-resident foreign players to pay a tax on cash prizes won at any of the nation’s coming trio of integrated casino resorts. According to a report from Inside Asian Gaming, the contentious ...

Japanese casino license race losing Hokkaido Prefecture

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In Japan and the Governor for Hokkaido Prefecture has reportedly announced that his jurisdiction will be withdrawing from the race to secure one of the nation’s coming trio of casino licenses. According to a report from GGRAsia, Naomichi Suzuki (pictured) made the revelation earlier today as part of an associated discussion in Sapporo’s prefectural ...

Japanese legislators approve inaugural Casino Management Board members

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In Japan and both chambers of the nation’s legislature have reportedly approved the five individuals who were earlier nominated to serve as the inaugural members of the Casino Management Board. According to a report from GGRAsia, the Casino Management Board is set to act as the official regulator for the Asian nation’s nascent casino ...

Japanese government unveils updated integrated casino resort timetable

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The government for Japan has reportedly announced that will not be starting the official process that is to designate the host communities for the nation’s coming trio of integrated casino resorts until at least January of 2021. According to a Tuesday story from GGRAsia citing multiple earlier reports from Kyodo News, the revelation from ...

Additional Japanese investment for Melco Resorts and Entertainment Limited

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Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced the creation of a special investment fund that it intends to utilize in order to realize non-gaming and hospitality projects in Japan. According to reports from GGRAsia and Inside Asian Gaming, the Hong Kong-headquartered firm revealed that its Melco Creative Exchange scheme has ...

Japanese casino race could attract up to ten runners

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In Japan and a senior government official has reportedly announced that he believes up to eight communities are preparing to submit formal applications in hopes of securing one of the nation’s trio of upcoming integrated casino resort licenses. According to a report from GGRAsia, Japan’s Minister of Land, Infrastructure, Transport and Tourism, Kazuyoshi Akaba, ...