casino licenses, there has been furious speculation over where will become "the Macau of Japan". "> casino licenses, there has been furious speculation over where will become "the Macau of Japan". " /> casino licenses, there has been furious speculation over where will become "the Macau of Japan". ">
News On Japan

As bidding war for Japan's first casino resort license heats up, which region will win?

Dec 11 (newsonjapan.com) - Ever since the Japanese authorities announced last year that they would be opening up bidding for the country's first casino licenses, there has been furious speculation over where will become "the Macau of Japan".

The move, which widely took Japan-watchers by surprise, given the near-total absence of land-based casino gambling in the country, is motivated in part by a desire to prevent an economic slump following the conclusion of the 2020 Olympics in Tokyo.

A total of three licenses will eventually be given out for so-called 'integrated resorts', a term used to describe a hotel and entertainment venue that also includes a casino. Given the obvious revenue opportunities such a license represents, a number of cities and prefectures have been making moves to secure the first license for themselves.

The arrival of casino resorts to the Chinese semi-autonomous province of Macau is widely credited for transforming the former backwater into one of the wealthiest regions on the planet, and it's clear that certain Japanese prefectures are hoping to see similar results in their local economies.

So far the Osaka, Wakayama, and Nagasaki Prefectures have thrown their hats into the ring, whilst Tokyo, Hokkaido, Chiba City, and Yokohama City have also expressed interest in working with casino developers. While all of them will likely be focused on the economic benefits of increased tourism stemming from becoming a casino destination, some may also be considering the potential revenues from local usage.

Although the licenses will be granted on the basis of attracting tourist revenue, it is no secret that online casino gaming, known locally as online kajino games, is immensely popular in Japan, given that they afford players with the chance to play all of the latest slots and table games. It is believed that local residents will be charged a fee to enter any casino, whilst tourists will be able to go for free. However, the popularity of casino games in Japan suggests that locals may be happy to oblige.

A key factor in determining which prefectures and cities will be granted a license will be the willingness of major international developers to work with them. So far it has been confirmed that the US casino conglomerate MGM is focusing its attention on Osaka, whilst Sands and Melco have publicly committed to Yokohama. Meanwhile, Wynn Resorts has promised to build "the world's biggest casino" in either Tokyo, Yokohama, or Osaka.

None of the other contenders have received a public pledge of support yet, but things will likely change quickly if it looks like any of them will be granted the coveted license. Yokohama and Osaka seem like natural choices, given their popularity as lifestyle and entertainment destinations, as well as both cities' long association with sports and gaming.

Tokyo, as the capital and recipient of the greatest number of tourists, will also be of intense interest to developers, but it's worth noting that the Japanese Gaming Authority may be reluctant to gift a license to a city that clearly doesn't need any help when it comes to extra revenue.

The first resorts are expected to break ground in 2020, which means the much-awaited decision will likely be announced in the coming weeks.

News On Japan
POPULAR NEWS

The streets of Shibuya became a chaotic scene during the year-end party season, with excessive drinking leading to public disorder. People were found sleeping on the streets, fights broke out among groups of young revelers, and police and emergency services were frequently called to intervene.

The Ministry of Foreign Affairs has unveiled a new passport design set to be issued from March next year. The new system will allow online applications not only for renewals but also for new passport requests. Submitting an original family register certificate will no longer be required for online applications.

The next generation of solar cells, known as perovskite solar panels, are ultra-thin, lightweight, and bendable. The Japanese government has set a goal of achieving the equivalent of the energy output from 20 nuclear reactors with perovskite solar cells by 2040. With their use set to expand in various locations next year, 2024 is being called "the dawn of domestic perovskite."

The number of teachers taking mental health leave reached a record high of 7,119 in the 2023 fiscal year at public schools across Japan.

Japan's Ministry of Justice has released this year’s crime white paper, revealing that the number of recognized penal code offenses increased for the second consecutive year.

MEDIA CHANNELS
         

MORE Society NEWS

Santa takes to the skies, delivering presents to southern islands. From the rear of an open transport aircraft, boxes equipped with parachutes descend to the ground, marked by the glow of a blue light. These deliveries, bringing joy to residents of remote islands in the South Pacific, are part of an international joint exercise involving Japan's Air Self-Defense Force since 2015.

Japan's Ministry of Justice has released this year’s crime white paper, revealing that the number of recognized penal code offenses increased for the second consecutive year.

Police in Kitakyushu have arrested Masanori Hirahara, a 43-year-old unemployed man living near the crime scene, on suspicion of attempted murder in connection with the stabbing of two junior high school students at a fast-food restaurant.

Influenza cases in Japan have surged since early December, with a sharp increase in patient reports per medical institution. At a Towa Pharmaceutical factory in Yamagata, demand has exceeded supply despite last year’s facility expansion.

Police have arrested Takashima Nozomu, a 64-year-old author on suspicion of leaving a body in his apartment in Shinagawa, Tokyo.

An elderly woman was stabbed by another woman inside Kobe’s Sannomiya subway station, leading to the suspect’s arrest at the scene on charges of attempted murder.

Japanese 'kira-kira names,' with atypical pronunciation or meaning, could soon be partially accepted under certain conditions, according to proposed guidelines from Japan's Ministry of Justice.

The mourning ceremony for 15-year-old Nakashima Saya, who was fatally stabbed at a fast-food restaurant in Kitakyushu City, was held on Tuesday. The attack, which took place four days ago, left Nakashima dead and a male student seriously injured with a deep wound near his waist. Police continue to search for the suspect, who fled the scene immediately after the attack.