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MGM Resorts and Orix Corp.'s $9 billion Osaka IR in are in line with what the government had envisaged. Wakayama has officially approved Clairvest Neem Venture’s plans to develop an integrated resort in the city.
Genting Singapore stock has been upgraded to "buy" by analysts at Maybank on expectations it will win a license in Yokohama, Japan.
Japan’s bid to create a world-beating IR market is hanging in the balance after a series of high-profile exits and political mismanagement.
Japan’s IR process appears to move forward in fits and starts, but there were two noteworthy events to emerge at the end of the week that advance the slow process towards the country's first casinos.
The Osaka Prefecture, which currently has MGM Resorts as a sole bidder for a license, has said it will consider further proposals, with documents to be submitted by April 6th.
Hong Kong-listed Oshidori International and Mohegan Gaming & Entertainment have teamed up to make a joint bid for a license to develop an IR in Nagasaki, Japan.
Pixel Companyz said it will pursue a license for an IR in Nagasaki in Sasebo City, saying the prefecture is one of the few that have actively moved forward plans for a resort development. Pixel is partnering with France's Groupe Partouche.
Hong Kong-listed International Entertainment said it has received a draft provisional license agreement for an integrated resort in Manila.
It has been ten months since the 500 Dot Com bribery case broke into public view, but the net of justice has yet to fall upon and to wring confessions out of those who are widely believed to be the most guilty.
Online lottery company 500.com said a special investigative committee (SIC) established to probe its role into an alleged bribery scandal in Japan found that there had been no violation of the Foreign Corrupt Practices Act.