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Caesars Entertainment in line to get Japanese IR license

Niji Narayan

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Caesars Entertainment in line to get Japanese IR license
Reading Time: 2 minutes

Japanese lawmakers have made the first step in allowing casinos in the country. They passed the Basic Bill on Gambling Addiction Counter Measures and the Integrated Resort Implementation Bill (IRIB). This could pave the way to the opening of casino resorts in three locations, most likely Osaka, Hokkaido, Wakayama and Nagasaki.

The primary beneficiary of the developments is likely to be Caesars Entertainment, who have already had participated in negotiations with lawmakers and community leaders in the country. In fact, the US company has been chasing this for over fifteen years.

Jan Jones, EVP for public policy and corporate responsibility at Caesars Entertainment, has welcomed the gathering pace of the new legislative framework being established in Japan. “Assuming the legislation passes the upper house, we think the first licenses might be awarded late in 2020, with first resorts opening in 2025,” Jones explained in an interview at the end of June 2018.

It is certainly been a long road leading up to the first key legislature changes that came in December 2016, which officially made gambling legal in Japan, although when it comes to bricks and mortar casinos, the country’s parliament was still a long way from implementing the legal framework to regulate the industry. Meanwhile, the doors opened for citizens to legally explore their gambling options via the internet for the first time, as operators such as William Hill online casino in Japan offered localised language support to meet the demands of a growing client base.

However, with much still in the air and with many grey areas still to account for with land-based casinos, the importance of establishing the appropriate legal infrastructure has been of paramount importance to the Japanese Parliament. This finally came when the Basic Bill on Gambling Addiction Counter Measures was introduced in June 2018, which lays the foundations on which the remaining legislature can be built upon and which also passed comfortably in parliament, with 183 voting in favour and just 46 against.

The IR Bill is therefore fully expected to pass through parliament with very little opposition, before the final session on July 22 at the National Diet Building in Tokyo. Given the huge success of integrated resorts and casino complexes in other popular Asian destinations, such as Macau, Singapore and the Philippines, there has been a growing appreciation that such resort destinations could bring not only significant overseas investment to the country, but also provide a massive boost to the tourist industry.

Gambling was actually made illegal in 1907 by Japan’s criminal code. However, there have been exclusions in place for state lotteries and scratch cards, along with soccer totes, horse racing, powerboat racing and motorsports. Pachinko parlours were also considered a “game” rather than “gambling” as such, given that the mechanical slots-like game does not pay out cash prizes. Instead, tokens are awarded that can be redeemed for goods or items at stores, which are nominally separate to the parlours. Nevertheless, this new legislature will also potentially change the face of pachinko in Japan and how the parlours can operate in the future.

 

Source: micetimes.asia

Asia

Joycasino is the Most Entertaining Casino in Japan

George Miller

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Joycasino is the Most Entertaining Casino in Japan
Reading Time: 3 minutes

 

During the 2019 UNLV International Conference on Gambling and Risk-Taking, several gambling experts expressed concerns about Japan and its lack of responsible gambling safeguards. Since then, the country has been working on regulations to eliminate problem gambling.

Fortunately, companies like JoyCasino have been at the forefront of fighting this menace. Unlike other gambling companies, they strive to promote responsible gaming as part of their social responsibility. This isn’t the only perk that makes the company attractive to the Japanese gaming community. It has a lot of offers that make its platform not only the most entertaining one but also customer friendly.

Here is why it is considered the best and most entertaining casino in Japan

An Enticing Welcoming Bonus

Many online casinos offer free spins on registration, but there aren’t many that have offers that match those of JoyCasino. Upon signing up, players can enjoy 200 free spins on one of the best games around- Starburst slot by NetEnt. On top of that, players can enjoy a variety of welcome bonuses:

  • 100% up to €2,000
  • 200% up to €50
  • 150% up to €300

While your second deposit can earn you a bonus of 100% of up to €300, the third one will earn you a bonus of 50% up to €400. In total, the company lives up to its name by promising a welcoming bonus of 200 free spins and 2000 euros.

Unmatched Promo Offers

On top of its bonuses, JoyCasino also has some exciting promotional offers. For instance, its cashback bonus ensures that players can get back 10% of their monthly losses on the 1st of every month. They also host weekly contests. Players stand a chance to win Samsung Mobiles and drones if they emerge as winners in these contests.

Lastly, it hosts space-themed tournaments for its users that run from Friday through Sunday. The space-themed slot machines allow players to climb up the ladder and win cash prizes as they play. They have also been known to add jackpot wins on games like Power Force. Another notable tournament is the Zombie Tournament. Anyone in Japan searching for a casino offering the most worth for their money should certainly try JoyCasino.

Play Plenty of Slot Games

The casino offers more than 200 video slot games, with a range of 3-reel classics. Spinners can enjoy games from a variety of software providers such as NetEnt, NextGen and Microgaming. There is a game for everyone with a wide range of designs and themes. Want to try generic games? JoyCasino offers titles like Aztec, Enchanted Woods, and Mermaid’s Millions, meaning that players do not have to play something far from their comfort zones.

For anyone looking to walk the fancy path, titles like Space Corsairs, Alaxe in Zombieland and Hell’s Grannies will do the trick. Anyone hunting for Jackpots can enjoy progressive offers by NetEnt and Microgaming through games like Mega Fortune and Fruit Fiesta 3-reel.

Virtual and Live Casino Games

The casino also looks out for players who would rather do something else other than spinning on the reels. They offer a chance for players to spin the roulette wheels. If a player fancies virtual card games such as baccarat, blackjack and pontoon, they can also play these on the casino’s platform. For anyone itching for live casino games, the fact that the company offers “live dealer” games that feature trained croupiers can be refreshing.

Players Can Embrace Portable Gaming

Not everyone has the time to be seated in front of a computer screen, or visit physical casinos. However, almost everyone has periods of downtime during their day that they would like to bring some fun into. As such, mobile casinos have been on the rise, and JoyCasino hasn’t been left behind when it comes to this trend.

The company offers a wide variety of slot machines and other games that players can access through their mobile-optimised website. The site supports a diversity of smartphones and tablets, including those running on Android, Windows, and iOS. They are also constantly adding more new games into their library to ensure that players are ever entertained.

Reliable Customer Support

It can be frustrating to try and reach customer support with any issues concerning gameplay. In case a problem arises, players can also rely on the customer support team to come to the rescue. They have diverse support staff who can communicate in a variety of languages, including English, Russian and Japanese. The best way to contact customer is through the live-chat on the casino website.

Japanese players need a gaming company that not only provides an entertaining gaming experience alongside diverse incentives, but also caters to their best interest. This makes JoyCasino an excellent option. The company is expected to keep optimising their gaming experience with time.

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Asia

HOGO Confirms Partnership With Japanese Gaming Media Platform Resocasi.com

George Miller

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HOGO Confirms Partnership With Japanese Gaming Media Platform Resocasi.com
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Marketing firm HOGO has signed a formal partnership with the Japanese casino-focused media platform Resocasi.com (リゾカジ.com). The agreement will see HOGO representing media sales for the firm, as well as working on the development of the platform’s iGaming affiliate network with plans to expand globally.

Resocasi.com is Japan’s largest-trafficked website focused on casino and integrated resort content. The site targets Japanese users and sees nearly 250,000 monthly page views across the platform. The website also includes membership of over 32,000 customers who are interested in learning about the best global casino offerings.

Resocasi.com is entirely focused on Japanese content and includes casino reports from throughout the world, a forum where Japanese users can discuss their experiences, offers and more, as well as daily news from the global gaming industry relevant to players. Visitors can also utilize the site’s world casino hotel guide.

HOGO and Resocasi.com have announced the development of a new platform within the site, focused on iGaming and affiliate related content for platforms that offer services in Japanese. The new section, launching July 2020, will focus on iGaming sites with reviews, offers and more.

Chris Wieners, Managing Partner of HOGO, stated: “We are extremely excited to have signed our formal agreement with Resocasi.com and the team. HOGO has a long-standing relationship with the group and we believe that we will be able to add great value to the current offerings. As COVID19 continues to impact overseas travel and gaming at large, we are hoping to help develop successful iGaming content that will allow legitimate and premium operators to connect with Japanese speaking players.”

Nobuhiro Imigi, Operation Director for Resocasi.com, stated: “We are very happy to have HOGO on board as a formal partner for Resocasi.com. Their expertise in the gaming industry as well as media knowledge will help us to expand the Resocasi.com brand across the industry. Our aim is to develop ourselves as a household name for Japanese speakers everywhere, and contribute to the development of Japanese player-bases for casinos around the world.“

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Asia

Sands China Reports Net Revenue of US$9M in April

Niji Narayan

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Sands China Reports Net Revenue of US$9M in April
Reading Time: < 1 minute

 

Macau casino operator Sands China has reported net revenue of US$9 million in April, a net loss of $180 million.

Under the current conditions, Sands China is exposed to monthly operating costs of around $110 million each month, in addition to development and maintenance capital expenditures of approximately $65 million and interest expenses of $25 million.

Sands China said it has taken various mitigating measures to get through the current environment, including a cost reduction programme to minimise cash outflow of non-essential items, as well as not recommending payment of a final dividend for 2019.

The company said it has around $2.4 billion in liquidity in place to keep its operations running for 12 months in the current operating environment.

“SCL believes it will be able to support its continuing operations, complete the major construction projects that are underway, and respond to the current COVID-19 Pandemic challenges,” Sands China said.

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