"Integrated resort" Tag Results

By Tomas Medon

Mohegan Gaming to Launch Casino Resort in South Korea in 2022

April 14, 2020

Renowned casino and hospitality operator Mohegan Gaming & Entertainment has recently revealed that it is making preparations to begin implementing its plans for a large Integrated Resort (IR) in Incheon, South Korea. This is just one of the pieces of the puzzle when it comes to the company’s global expansion plans. The operator’s decision to […]

By Alexander Palmer

MGM-Led Consortium Is Now the Only Qualified Contender for Osaka IR License

February 18, 2020

Last Friday, Japanese authorities in Osaka announced that a consortium led by MGM Resorts International has been singled out as the lead bidder for an integrated resort complex in the city. Naturally, this means that MGM Resorts now has a very clear path in its bid to secure one of the three highly-contested integrated resort […]

By Grant Mahon

Increasing Opposition May Spell Doom for Japan’s IR Efforts

January 21, 2020

Until mid-December 2019, everything seemed to have been going so well in as far as Japan’s plans for three Integrated Resorts are concerned. However, the revelation of a bribery scandal related to the efforts changed everything quite a bit. Now, the parties that were opposed to the establishment of casino resorts in the country have […]

By Elaine West

Japanese Government Proposes Withholding Tax on Casino Winnings

December 3, 2019

As part of the preparations to usher in Japan’s long-awaited Integrated Resorts (IRs), a number of regulatory developments have been suggested. The new casino regime is expected to be a gamechanger for the country and the government is looking for ways to ensure everything turns out just as expected. One of the most recent proposals […]

By Elaine West

Japan Unveils Nominees for Casino Regulatory Commission

November 15, 2019

On Wednesday, November 13, the Japanese government finally revealed the nominees for the soon-to-be established casino management commission. Referred to as the Casino Management Committee (CMC), the five-member casino management board will be tasked with overseeing and regulating the yet-to-be-launched casino industry. According to a decree that was adopted by the country’s government a month […]

By Grant Mahon

Japan’s Casino Regulator to Be Established in Early 2020

October 22, 2019

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 such as the increase in cases of problem […]

By Ameana Jones

Wynn Resorts Abandons Bid for Osaka IR License

October 15, 2019

Osaka has been one of the top contenders for a license to host one of Japan’s integrated casino resorts for quite some time. However, things have taken a totally different turn over the past couple of months with a number of gaming operators opting to shift their focus to other cities. The latest casino operator […]

By Elaine West

Melco Drops Osaka Casino Plans, Shifts Focus to Yokohama

September 20, 2019

On Wednesday, renowned Hong Kong-listed integrated resort developer and operator Melco Resorts & Entertainment announced its new “Yokohama First” strategy which is part of its plans to venture into Japan’s yet-to-be-launched casino market. The casino operator is, therefore, vacating all of its previous efforts to win a casino license ion Osaka, Japan. Even though Melco […]

By Tomas Medon

Las Vegas Sands Uninterested in Japan’s Rural Casino Resorts

May 28, 2019

Considered to be one of the frontrunners for one of the three forthcoming integrated casino resort licenses in Japan, Las Vegas Sands has been very open to the idea of being part of the new gambling regime in the country. However, as much as the globally renowned gaming company is happy to be part of […]

By Ameana Jones

MGM and Las Vegas Sands Could Be Headed to Osaka

May 5, 2019

According to Morgan Stanley, a brokerage firm, Las Vegas gaming and hospitality giants MGM Resorts International and Las Vegas Sands are among the top contenders in the race for the gaming license for the development of an integrated resort in Osaka, Japan. According to the firm, both companies have a competitive advantage over all the […]