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06:58 Monday 18 January 2021
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  • NEWS
    Sega Sammy set to “activate” Japan IR bid by March

    Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

    Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

    Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

    Sheldon Adelson: Supercharged by Asia

    Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

    Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

    Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

    Junkets unmasked

    DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

    2021: Japan IR – Crunch time

    Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

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    • FEATURES
      2021: Japan IR – Crunch time

      2021: Japan IR – Crunch time

      In safe hands

      In safe hands

      A spirit of social responsibility

      A spirit of social responsibility

      Taxation tremors

      Taxation tremors

      10 years ago

      10 years ago

      Creating an RG culture beyond the boardroom

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      • PEOPLE
        Dave Smith: Smell of success

        Dave Smith: Smell of success

        Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

        Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

        Creation theory

        Creation theory

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Dark days

        POST-COVID2: The most transformative business shock of our lifetimes

        Dominic Laubach: Global explorer

        Dominic Laubach: Global explorer

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        • COLUMNISTS

          Big money

          A decade of differentiation

          A decade of differentiation

          How to set up for IR success

          How to set up for IR success

          Macau: Taking a sensible approach to responsible gaming

          Macau: Taking a sensible approach to responsible gaming

          Time to realign?

          Time to realign?

          Marketing during COVID-19 and beyond

          Marketing during COVID-19 and beyond

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          • TECH TALK
            Jumbo given GLI approval for new Long Yi Fa jackpot link games

            Jumbo given GLI approval for new Long Yi Fa jackpot link games

            Aruze Gaming launches two new pachinko-inspired slot titles into Asia

            Aruze Gaming launches two new pachinko-inspired slot titles into Asia

            First-class showcase in the virtual space

            First-class showcase in the virtual space

            Badge of honor

            Badge of honor

            Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

            Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

            Evolution launches world’s first online live Craps game

            Evolution launches world’s first online live Craps game

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              Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

              Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

              PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

              Philippines court order preventing new 5% franchise tax could halt POGO exodus

              MGM Resorts looking to raise US$750 million via senior notes offering

              MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

              Evolution launches world’s first online live Craps game

              Evolution launches world’s first online live Craps game

              Duterte extends “modified” quarantine measures across Metro Manila to 31 May

              PAGCOR sees regulatory fees from POGOs halved as Philippines online gaming industry shrinks

              LaLiga signs four-year partnership with M88 in Asia

              LaLiga signs four-year partnership with M88 in Asia

              Trending Tags

              • EVENTS
                Castle in the Sky

                Osaka IR & Inbound Business Seminar canceled due to COVID-19

                SBC launches new SBC Digital 2021 events program

                SBC launches new SBC Digital 2021 events program

                IAG named Lead Media Partner for Phil-Asian Gaming Expo (PAGE)

                Phil-Asian Gaming Expo says Manila’s SMX Convention Centre to be sole venue for PAGE 2021

                IAG spreads Christmas cheer at Macau After Dark 7

                IAG spreads Christmas cheer at Macau After Dark 7

                IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                Inside Asian Gaming names Galeria Lisboa at Macau Fisherman’s Wharf as venue for this Friday’s “MAD Santa” Macau After Dark event

                Scientific Games to showcase new slot game “James Bond – Diamonds Are Forever” at this week’s Macau After Dark 7

                Trending Tags

                • MACAU
                  Sheldon Adelson: Supercharged by Asia

                  Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                  Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                  Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                  Junkets unmasked

                  DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

                  Sands China completes latest round of responsible gambling initiatives for staff

                  Sands China completes latest round of responsible gambling initiatives for staff

                  Going Global

                  Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                  Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                  Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                  Trending Tags

                  • JAPAN
                    Sega Sammy set to “activate” Japan IR bid by March

                    Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                    Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                    Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                    2021: Japan IR – Crunch time

                    Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

                    2021: Japan IR – Crunch time

                    Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                    Yokohama to hold discussions with IR operators to understand impact of COVID-19

                    Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                    Reports Yokohama to start RFP in late January

                    Reports Yokohama to start RFP in late January

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                      Sega Sammy set to “activate” Japan IR bid by March

                      Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                      Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                      Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                      Sheldon Adelson: Supercharged by Asia

                      Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                      Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                      Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                      Junkets unmasked

                      DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

                      2021: Japan IR – Crunch time

                      Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

                      Trending Tags

                      • POWER 50
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                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Ones to watch

                        2020 Asian Gaming Power 50 list

                        2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                        2020 Asian Gaming Power 50: Number 1 – Francis Lui

                        2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                        2020 Asian Gaming Power 50: Number 2 – Sheldon Adelson

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                        • NEWS
                          Sega Sammy set to “activate” Japan IR bid by March

                          Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                          Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                          Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                          Sheldon Adelson: Supercharged by Asia

                          Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                          Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                          Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                          Junkets unmasked

                          DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

                          2021: Japan IR – Crunch time

                          Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

                          Trending Tags

                          • FEATURES
                            2021: Japan IR – Crunch time

                            2021: Japan IR – Crunch time

                            In safe hands

                            In safe hands

                            A spirit of social responsibility

                            A spirit of social responsibility

                            Taxation tremors

                            Taxation tremors

                            10 years ago

                            10 years ago

                            Creating an RG culture beyond the boardroom

                            Trending Tags

                            • PEOPLE
                              Dave Smith: Smell of success

                              Dave Smith: Smell of success

                              Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

                              Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

                              Creation theory

                              Creation theory

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Dark days

                              POST-COVID2: The most transformative business shock of our lifetimes

                              Dominic Laubach: Global explorer

                              Dominic Laubach: Global explorer

                              Trending Tags

                              • COLUMNISTS

                                Big money

                                A decade of differentiation

                                A decade of differentiation

                                How to set up for IR success

                                How to set up for IR success

                                Macau: Taking a sensible approach to responsible gaming

                                Macau: Taking a sensible approach to responsible gaming

                                Time to realign?

                                Time to realign?

                                Marketing during COVID-19 and beyond

                                Marketing during COVID-19 and beyond

                                Trending Tags

                                • TECH TALK
                                  Jumbo given GLI approval for new Long Yi Fa jackpot link games

                                  Jumbo given GLI approval for new Long Yi Fa jackpot link games

                                  Aruze Gaming launches two new pachinko-inspired slot titles into Asia

                                  Aruze Gaming launches two new pachinko-inspired slot titles into Asia

                                  First-class showcase in the virtual space

                                  First-class showcase in the virtual space

                                  Badge of honor

                                  Badge of honor

                                  Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

                                  Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

                                  Evolution launches world’s first online live Craps game

                                  Evolution launches world’s first online live Craps game

                                  Trending Tags

                                  • iGAMING
                                    Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

                                    Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

                                    PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

                                    Philippines court order preventing new 5% franchise tax could halt POGO exodus

                                    MGM Resorts looking to raise US$750 million via senior notes offering

                                    MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

                                    Evolution launches world’s first online live Craps game

                                    Evolution launches world’s first online live Craps game

                                    Duterte extends “modified” quarantine measures across Metro Manila to 31 May

                                    PAGCOR sees regulatory fees from POGOs halved as Philippines online gaming industry shrinks

                                    LaLiga signs four-year partnership with M88 in Asia

                                    LaLiga signs four-year partnership with M88 in Asia

                                    Trending Tags

                                    • EVENTS
                                      Castle in the Sky

                                      Osaka IR & Inbound Business Seminar canceled due to COVID-19

                                      SBC launches new SBC Digital 2021 events program

                                      SBC launches new SBC Digital 2021 events program

                                      IAG named Lead Media Partner for Phil-Asian Gaming Expo (PAGE)

                                      Phil-Asian Gaming Expo says Manila’s SMX Convention Centre to be sole venue for PAGE 2021

                                      IAG spreads Christmas cheer at Macau After Dark 7

                                      IAG spreads Christmas cheer at Macau After Dark 7

                                      IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                                      IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                                      Inside Asian Gaming names Galeria Lisboa at Macau Fisherman’s Wharf as venue for this Friday’s “MAD Santa” Macau After Dark event

                                      Scientific Games to showcase new slot game “James Bond – Diamonds Are Forever” at this week’s Macau After Dark 7

                                      Trending Tags

                                      • MACAU
                                        Sheldon Adelson: Supercharged by Asia

                                        Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                                        Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                        Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                        Junkets unmasked

                                        DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

                                        Sands China completes latest round of responsible gambling initiatives for staff

                                        Sands China completes latest round of responsible gambling initiatives for staff

                                        Going Global

                                        Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                                        Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                                        Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                                        Trending Tags

                                        • JAPAN
                                          Sega Sammy set to “activate” Japan IR bid by March

                                          Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                                          Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                                          Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                                          2021: Japan IR – Crunch time

                                          Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

                                          2021: Japan IR – Crunch time

                                          Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                                          Yokohama to hold discussions with IR operators to understand impact of COVID-19

                                          Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                                          Reports Yokohama to start RFP in late January

                                          Reports Yokohama to start RFP in late January

                                          Trending Tags

                                          • REGIONAL
                                            • All
                                            • Africa
                                            • Australia
                                            • Cambodia
                                            • China
                                            • CNMI
                                            • Europe
                                            • Hong Kong
                                            • India
                                            • Japan
                                            • Laos
                                            • Latin America
                                            • Macau
                                            • Malaysia
                                            • Nepal
                                            • New Zealand
                                            • North America
                                            • North Korea
                                            • Philippines
                                            • Russia
                                            • Singapore
                                            • South Korea
                                            • Sri Lanka
                                            • Thailand
                                            • Vietnam
                                            Sega Sammy set to “activate” Japan IR bid by March

                                            Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                                            Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                                            Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                                            Sheldon Adelson: Supercharged by Asia

                                            Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                                            Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                            Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                            Junkets unmasked

                                            DICJ data highlights VIP woes as mass baccarat leads Macau’s 4Q20 recovery

                                            2021: Japan IR – Crunch time

                                            Oshidori appoints Keigo Nakatani as COO of Japan entity as Nagasaki IR bid gathers steam

                                            Trending Tags

                                            • POWER 50
                                              Power restored

                                              Power restored

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Ones to watch

                                              2020 Asian Gaming Power 50 list

                                              2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                                              2020 Asian Gaming Power 50: Number 1 – Francis Lui

                                              2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                                              2020 Asian Gaming Power 50: Number 2 – Sheldon Adelson

                                              Trending Tags

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                                              Cambodia signs long-awaited casino bill into law

                                              Ben Blaschke by Ben Blaschke
                                              Friday 20 November 2020 at 07:49
                                              Cambodia signs long-awaited casino bill into law
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                                              Cambodia’s new gaming bill has officially been signed into law.

                                              Seven weeks after the National Assembly gave its nod of approval, and three weeks after being adopted by the Senate, Deputy Director of Cambodia’s Ministry of Economy and Finance, Ros Phirun, confirmed to Inside Asian Gaming that the Law on the Management of Integrated Resorts and Commercial Gambling (LMCG) was promulgated last Saturday and subsequently published by the Ministry, with the aim of promoting tourism, fostering economic growth and creating more job opportunities for local citizens.

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                                              “The purpose of this law is to ensure the management of integrated commercial gambling centers and commercial gambling to contribute to boosting economic growth, promoting tourism sector, creating jobs, collecting revenues, maintaining social safety and security by determining the competencies, rules and procedures for [the] management of integrated commercial gambling centers and commercial gambling, physical person’s and legal entity’s right and obligation to directly operate or participate in commercial gambling and determining the right as owner of integrated commercial gambling center and commercial gambling establishment, as well as establishing a standard for integrated commercial gambling center and commercial gambling of the Kingdom of Cambodia,” the law states.

                                              Containing 12 Chapters and 97 Articles, it outlines a range of new regulatory controls including dividing Cambodia into three distinct gaming zones: Prohibited Zones where gaming is not allowed in any shape or form, Permitted Zones where operators such as NagaCorp already hold a gaming license, and Favored Zones such as the coastal provinces of Sihanouk and Koh Kong, which are now the only areas where new integrated resorts can be developed.

                                              The LMCG will also set a new tax on gross gaming revenues of 4% on VIP and 7% on mass, while a regulatory body – dubbed the Integrated Resort Management and Commercial Gambling Committee – will be established comprising 11 government ministers.

                                              While the law was passed quietly this week, Cambodia’s Minister for Economy and Finance Aun Pornmoniroth said recently that it would provide measures to build greater capacity, including utilization of appropriate technology, to improve monitoring of casinos while assisting Cambodia’s casino industry to become competitive on a global scale.

                                              “Regulations on the commercial gambling sector are designed to enable the sector to operate under the umbrella of transparent law,” Pornmoniroth said in October.

                                              “Under the effort of the government and investor’s trust toward the government, some national and international investors started casino investment on the Cambodian-Thai border in the Poipet area in 1999.

                                              “[It is] in the face of the increasing investment [that] the government has pushed for the management of the gambling sector.”

                                              Tags: Aun PornmonirothcasinosGaming LawLaw on the Management of Integrated Resorts and Commercial GamblingMinistry of Economy and Finance
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                                              Ben Blaschke

                                              Ben Blaschke

                                              A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

                                              Current Issue

                                              2021: Japan IR – Crunch time

                                              2021: Japan IR – Crunch time

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                                              A spirit of social responsibility

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                                              Related Posts

                                              Sega Sammy set to “activate” Japan IR bid by March

                                              Sega Sammy Holdings cuts 729 staff under voluntary redundancy program

                                              by Newsdesk
                                              Monday 18 January 2021 at 06:50

                                              Japan’s Sega Sammy Holdings has reduced its workforce by some 729 employees following completion of a group-wide voluntary redundancy program. The program, first announced late last year in response to financial pressures brought about by COVID-19, had aimed to find...

                                              Hokkaido tops Japan’s Prefecture Attraction Ranking for 12th straight year as IR hopefuls perform well

                                              Time a key factor but Hokkaido Governor Suzuki avoids clear declaration of IR intent

                                              by Shintaro Kamimura
                                              Monday 18 January 2021 at 06:19

                                              Hokkaido governor Naomichi Suzuki hinted that time was against any potential resumption of the prefecture’s bid for an integrated resort license this year, but stopped short of declaring any official position during a regular press briefing last week. Despite widespread...

                                              Sheldon Adelson: Supercharged by Asia

                                              Looming Macau concession retender could prompt Adelson family to offload LVS shares: Smartkarma

                                              by Newsdesk
                                              Monday 18 January 2021 at 05:31

                                              The potential risks associated with the upcoming expiration of the company’s Macau gaming concession in 2022 could prompt the family of Sheldon Adelson to start selling down its Las Vegas Sands stake, according to a note from investment insights platform...

                                              Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                              Sands China establishes memorial areas for founder Sheldon Adelson at The Venetian Macao and Sands Macao

                                              by Newsdesk
                                              Monday 18 January 2021 at 04:30

                                              Sands China Ltd has established memorial areas for the company’s founder, Sheldon Adelson, at The Venetian Macao and Sands Macao following his passing last week. As per an internal memo sent to staff late last week, the memorial area at...

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