Japan’s Casino Regulator to Be Established in Early 2020. Grant Mahon; October 22, 2019; Edited October 22, 2019; 3 minutes; As part of the push for the launch of the three integrated resorts (IR) in Japan, the country is set to officially launch an oversight or regulatory body. Initially scheduled to be unveiled on July 1, 2019, the regulator’s debut was postponed for a number of reasons Casino operators have suggested a $10 billion price tag has become the starting point for construction of an integrated resort, which includes casino gambling as well as shopping and non-gambling Wynn restates Japan interest, despite not chasing Yokohama. Feb 04, 2021 Newsdesk Japan, Latest News, Macau, Top of the deck, World . Casino operator Wynn Resorts Ltd has reiterated it is still interested in pursuing a casino licence in Japan, despite having no plans to take part in Yokohama’s fresh request-for-proposal (RFP)... Asia Japan's casino campaign marred by bribery scandal. A senior Japanese politician has been taken into custody on suspicion of taking bribes from a Chinese company. More and more municipalities in Japan are considering placing a bet on casinos following the enactment of a law last year that spelled out a raft of rules on the structure of the nation's planned Japan Mulls Nixing Tax on Foreigners’ Casino Winnings. Japan’s ruling Liberal Democratic Party (LDP) is set to implement changes to the nation’s planned integrated resorts tax system, the... Japan Delays Deadline for Taking Casino Bids, Citing Pandemic, Bribery Scandal. Japan’s central government is set to push back a July 2021 deadline for cities/prefectures and their preferred Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships In Japan and a local consortium known as The Niki and Chyau Fwu (Parkview) Group is reportedly now vying with four foreign rivals for the right to potentially operate the integrated casino resort being planned Analysts expect a bright future for Japan’s Casino Industry . In comments made by Las Vegas Sands chief operating officer, Rob Goldstein, during the company’s third-quarter earnings, he said, “$10 billion was the minimum investment for the Yokohama integrated resort,” Goldstein suggested that $12 billion was a possibility. He also added, “We’re used to writing big checks, but all Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships French casino and hotel operator Groupe Lucien Barriere has reportedly changed its mind and decided not to pursue the chance to run one of Japan’s coming trio of integrated casino resorts. Gordon said Japan’s plans to boost tourism ahead of the 2020 Olympics and beyond is what makes it an attractive market for a casino resort. The government has targeted 40 million tourists by
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