Tag - casinos

 
 

CASINOS

Thailand is the latest nation to consider competing for a pie of the global casino industry, which IBIS World estimates generated $263.3 billion in revenue last year.
ASIA PACIFIC
Jun 5, 2024
Thailand plans bill to legalize casinos, spokesman says
Any opening of casinos will be in line with its recent embrace of a more liberal landscape to revive its tourism industry.
Thailand has taken its first step toward legalizing casinos, as the government looks to attract high-spending tourists to support the nation's economy.
ASIA PACIFIC / Politics
Mar 29, 2024
Thailand takes first step to legalize casinos to aid economy
Thailand is the latest nation to consider entering the global casino industry, which is estimated to have generated $263.3 billion in revenue last year.
Regulating online gambling in Japan can be tricky, particularly when site operators are based overseas in countries where it is legal.
JAPAN / Crime & Legal
Feb 21, 2024
Kyoto police arrest seven on suspicion of running illegal gambling site
The suspects are accused of working for the foreign company operating Dora Mahjong, a membership-based gambling site catering to a Japanese audience.
The Huis Ten Bosch seaside resort in Sasebo, Nagasaki Prefecture
JAPAN / Politics
Dec 27, 2023
Nagasaki casino resort plan rejected amid doubts over funding
An expert panel makes approval decisions based on a resort's ability to boost overseas visitors, its economic benefits and steps to prevent addiction.
Mori Building CEO Shingo Tsuji speaks during an interview in Tokyo on Nov. 30.
BUSINESS / Companies
Dec 15, 2023
Mori’s CEO eyeing the next Roppongi Hills, casino resort in Tokyo
The real estate developer behind the towers that have reshaped central Tokyo’s skyline isn’t done yet.
Experts have warned that the central government must take decisive action to curb illicit activities related to online casinos.
JAPAN / Crime & Legal
Dec 12, 2023
Use of illegal online casinos rising, along with debt concerns
Experts warn that the central government must take decisive action to curb illicit activities.
Osaka's Yumeshima island in November
JAPAN / Society
Dec 5, 2023
Osaka Expo woes weigh on city's casino resort project
Given the logistical and timing issues facing the expo, there are concerns over whether the casino resort can be built on schedule.
Yumeshima, an artificial island in Osaka Bay, where a casino resort is expected to be built
BUSINESS
Sep 29, 2023
Osaka signs deal to open casino resort in fall 2030
Officials hope the resort will help spur the regional economy after the end of the 2025 World Expo in the city of Osaka.
Shinya Tokita enters a police station in Tokyo's Shinjuku Ward on Tuesday.
JAPAN / Crime & Legal
Sep 27, 2023
Online casino settlement agents arrested in Japan
Police believe the suspects transferred tens of billions of yen and earned more than ¥2.1 billion in commission fees.
An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyberattack earlier this month, in Las Vegas, Nevada
BUSINESS / Tech
Sep 25, 2023
'Power, influence, notoriety': The Gen-Z hackers who struck MGM and Caesars
Experts say they appear to be more sophisticated, disciplined and organized than many cybercriminal actors, and probably between 17 and 22 years old.
Yumeshima artificial island in Osaka Bay will house a casino resort, the opening of which is now slated to be pushed back to around autumn 2030.
JAPAN
Sep 5, 2023
Osaka to delay opening of casino resort to autumn 2030
The delay came about because the plan did not win central government approval until April of this year.
ESPN, the sports TV unit of Walt Disney, is licensing its brand to casino operator Penn Entertainment, further deepening the media giant’s ties to online gambling.
BUSINESS / Companies
Aug 9, 2023
ESPN inks long-term deal with casino operator Penn Entertainment
The move to license its brand for sports betting deepens the media giant’s ties to the growing online gambling business.
The Universal Entertainment logo at the company's headquarters in Tokyo
BUSINESS
Aug 1, 2023
Japanese firm accused of improper influence over Manila casino
The dispute involves a $275 million investment by 26 Capital. Universal owns 88% of the property under the terms of the deal.
A building under construction in Osaka. Singapore investors are snapping up Japanese real estate, particularly in Osaka where a large casino resort is set to open.
BUSINESS / Companies
Jul 27, 2023
Singapore property investors bet on Osaka casino
International property agent FM Investment said it has seen a fivefold increase in inquiries since Japan opened its borders in October.
Japan Times
JAPAN
May 16, 2023
Delays won’t hurt Japan’s first casino, Osaka governor says
The Osaka plan for a so-called integrated resort featuring hotels, entertainment and conference centers as well as a casino, gained government approval in April.
Japan Times
JAPAN
Apr 14, 2023
Osaka hits the jackpot in bid to become Japan’s first casino resort
The Osaka resort will consist of hotels, shops and a convention center to go along with the casino, and about 20 million people a year are expected to visit.
Japan Times
JAPAN
Apr 12, 2023
Japan set to approve first casino resort in Osaka
The central government will hold a task force meeting as early as Friday, where Prime Minister Fumio Kishida and relevant ministers are expected to approve the plan.
Japan Times
JAPAN
Apr 10, 2023
Majority of Sapporo voters oppose 2030 Winter Olympics bid, exit poll shows
In the Sapporo election, held as part of the first round of unified local elections, the incumbent mayor aiming to host the 2030 Games defeated his two rivals opposing the idea.
Japan Times
JAPAN / Crime & Legal
Mar 1, 2023
Man in western Japan guilty of fraud after receiving ¥46 million in COVID relief money
A district court handed the defendant a prison term of three years, but suspended for five, on the grounds that he expressed remorse for his actions and the money was returned.
Japan Times
JAPAN / Society
Feb 7, 2023
Osaka's fight against gambling addiction faces challenges
As the development of an integrated resort with a casino nears, the prefecture is looking to provide support and education to address the issue of problem gambling.

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