With the Japanese government’s lack of experience managing projects similar to the forthcoming establishment of IRs, some international operators and industry experts are concerned that the need for an orderly, staggered bidding process may not be fully appreciated. At present, local governments are beginning to jockey for the attention of international operators within a vacuum […]
Concerns are being raised over the shape of the forthcoming IR Implementation Bill in advance of its formal unveiling, expected to occur around August or September. At last week’s Japan Tourism Research Association (JTRA) meeting in Tokyo, speakers tried to gently point out that unless the Japanese government availed itself of the experience that could […]
Japan is unlikely to see its first IR open before 2026 and significant hurdles still need to be overcome both from an operational and legislative standpoint, according to panellists at the ASEAN Gaming Summit. According to Jay Defibaugh, senior research analyst at CLSA Securities, the market has the potential to generate GGR of about $25 […]
Hard Rock Japan is preparing to open an office in Tomakomai, Hokkaido, in August or September, a further signal that the Orlando, Florida, based operator is focusing its IR efforts on this regional city. NHK quotes Daniel Cheng, Hard Rock’s senior vice-president of development, as saying, “Tomakomai is the most suitable location in Hokkaido for […]
Jim Allen, CEO of Hard Rock International, was interviewed by a Japanese camera crew at the June 28 opening of the Hard Rock Hotel & Casino Atlantic City, and apparently made definitive comments that Hard Rock’s IR bid in Japan was now entirely focused on Tomakomai, Hokkaido. “We have certainly looked at Osaka, we have […]
U.S. casino operator Hard Rock International has emerged as a major contender to the race for Gold Coast’s second casino license, Gold Coast Bulletin reports. In an email to the State Government, city council and Gold Coast tourism leaders, Hard Rock reportedly flagged its plan for an “entertainment-centric” integrated resort, promising to be different from […]
There is a growing trend towards businesses founded on the premise of social capital, though despite their enormous profits, most casino firms have yet to sign on.