Japan IR winners emerge as framework becomes clear

The increased clarity regarding the terms of IR regulation in Japan following the ruling coalition compromises is also throwing light on which institutions are now advantaged and which are disadvantaged in the race for licenses. Seth Sulkin, head of the American Chamber of Commerce in Japan’s task force on IRs, describes the outcome to Asia Gaming Brief as “a major victory for the major casino operators and large Japanese cities.” The ruling coalition’s decision to stick with the 3 percent casino floor area rule while at the same time removing any absolute ceiling favors large urban IRs and simultaneously disadvantages the regional initiatives. Sulkin puts it starkly: “The 3 percent rule is bad news for small, regional cities hoping to lure an IR. I don’t see how it will be economically viable to cope with this rule in any place other than Osaka, Yokohama, or Tokyo.” Jane Tsai, CEO of JCT Holdings,...

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.