Your Daily Asia Gaming eBrief: Japanese government approves Osaka IR plan

Friday 14th of April 2023

Good Morning. Japan, Japan. How many years we have waited. And just this morning, Japan's government approved Osaka's IR plan. The opening up will have an impact on both Macau and regional gaming markets, notes an expert, even though the MGM-ORIX project would likely open in 2029. In ETG news, Interblock lauds the continued success of the electronic offering - being increasingly embraced by both operators and players.

What you need to know

Japan approves Osaka IR plan, marking city as first to receive a casino in the country, beating out Nagasaki.
Japanese IR build-up could have a strong impact on Macau and other regional markets, notes an expert.
Interblock confident in continued increase in ETG popularity, as players and operators reap advantages.

On the radar

Okada Manila nearly doubles GGR in 1Q23 yearly, to $209 million.
China lifts mask mandate for outdoor venues, offices and schools.
Genting Singapore: no plans to pursue bid for Osaka or Japan IR.
PAGCOR achieves ISO 9001:2015 certification.
ASEAN countries record pronounced recovery in tourism: study.

AGB Intelligence

JAPAN

Government approves Osaka IR plan

Japanese Prime Minister Fumio Kishida has confirmed the approval of Osaka's IR plan, meaning the city will be the first in the nation to have a casino, beating out Nagasaki - which is expected to suffer months of further delays. The government made the announcement this morning, with further updates expected soon regarding the $9 billion project expected to open in 2029.