The government of Japan has reportedly begun internal discussions with regards to regulating sports betting on football and baseball events, according to the Financial Times. Should betting regulations on the two popular sports be liberalised, it would create a market totalling around $65 million according to FT sources with ‘direct knowledge of the situation’. The most popular form of betting …
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March to April 2020 in Review: Betting tackles its Covid trauma
SBC recounts the traumatic months of March and April 2020, as the deadly coronavirus spread across Europe, leading to nationwide lockdowns and the cancellation of sports fixtures across the world. SBC – COVID-19 shocks signal that 2020 will be no ordinary year… As COVID-19 triggered what has been described as an ‘unprecedented’ situation, the betting industry was forced to enact …
Read More »Tokyo Olympics postponed until ‘no later than summer 2021’
Japan’s Prime Minister Shinzō Abe and The International Olympic Committee (IOC) have confirmed that the Tokyo 2020 Olympic Games will be postponed to a later date due to the increasing spread of COVID-19. The emergency conference call between Shinzō Abe and IOC’s president Thomas Bach mentioned that given the Olympics worldwide appeal and fanbase, the decision was made to postpone …
Read More »Japan gives the go ahead for new gambling resorts
Japan’s Prime Minister Shinzo Abe has given the green light to approve new gambling resorts across the country, with hopes to open the first resort in Osaka by 2024. The government approved the opening of casinos in 2016, followed by the approval of another bill which would pave the way for the legalisation of integrated resorts. It is hoped that …
Read More »Haute Japan! Groupe Barrière eyes IR opportunities
French luxury hotel and hospitality giant Groupe Lucien Barrière has confirmed that it has developed a ‘Japanese strategic unit’ monitoring the nation’s ‘integrated resorts’ opportunities. The firm’s Japanese movements are confirmed by Barrière Group Casino Development Director Jonathan Strock speaking to the Nikkei Asian Review. Strock has been charged with leading the strategic unit, which seeks to bring European haute …
Read More »Pro lobby resubmits Japanese casino bill
Japan’s pro gambling lobby is preparing to resubmit its failed bill to legalise gambling in ‘integrated resorts’ by the end of the month. Pro casino law makers are targeting approval or progress for the bill by the end of 2015. Legalised gambling has been promoted cautiously by Prime Minister Shinzo Abe as part of Japan’s future economic growth program. To …
Read More »EveryMatrix launches Japan Gambling White Paper
Igaming technology and services provider EveryMatrix has published an industry white paper on the proposed casino gambling bill for Japan – ‘Integrated Resort Promotion Bill’. EveryMatrix gives readers insight into current market conditions, and regulatory/political landscape of Japanese gambling. The white paper further asserts a number of market blocks and intricacies that potential Japanese license holders may have to anticipate …
Read More »Japan to set up special sports corruption unit ahead of Tokyo 2020
The Japanese government has announced plans to set up a special policing unit to monitor and investigate corruption threats to its nations sporting bodies. Government officials confirmed that multiple government agencies would co-operate with the special unit in order to fight sports corruption in Japan and potential threats from abroad ahead of the Tokyo 2020 Olympics. Japan’s ruling party the …
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