Casino operators are long underway in prepping their bids, partnering with Japanese companies to form consortiums to pitch the eight potential hosts.<\/p>\n
\n
The casino consortiums will essentially need to win twice. They’ll first need to be picked by the city and prefecture government, and then be approved by the Japan Tourism Agency.<\/p>\n<\/div>\n
“You have to win twice in Japan,” MGM Resorts CEO Jim Murren said recently. “There will only be three in Japan, which makes this so provocative and interesting for companies like ourselves and our worthy competitors.”<\/p>\n
In terms of gross gaming revenue, Japan is expected to become the second or third-richest casino market in the world, behind only China’s Macau and potentially Nevada.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Japan Casino Management Commission (CMC) that will regulate the country’s forthcoming commercial gaming industry will be revealed on January 7, 2020. GGRAsia, an online media outlet focused on gaming matters throughout Asia, relayed the information from Japan’s federal government that details specifics on the approaching announcement. The CMC will consist of five members, and […]<\/p>\n","protected":false},"author":25,"featured_media":117822,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\n
Japan Casino Management Commission Coming in January<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n