Japan could resume casino licence bidding

The Japan Casino Regulatory Commission is now expected to reopen bidding for two remaining integrated resort licences this year. The Japan integrated resort industry is showing signs of life. Local media there report that the Japan Casino Regulatory Commission, which awarded only one of three available IR licences in 2023, will reopen the application process in the coming year. Japan first approved legal resort complexes in 2018. At the time, giddy analysts projected the market could achieve annual revenues as high as $40 billion. But Covid-19 sent potential investors into survival mode, and interest in the market withered. The plodding nature of the bidding process and an onerous regulatory structure didn’t help. In 2023, the government awarded just one of three IR licences to MGM Resorts and its Japanese partner, Orix Corp. MGM Osaka, an $8.9 billion development, broke ground on Yumeshima Island last month. It is set to open in 2030. Getting back to business Hopes for a fresh bidding process revived last December, when the Diet approved the appointment of new gaming commissioners. Former prosecutor Takafumi Sato, who helped develop the regulatory framework for Japan IRs, was named chairman. Junichi Kakimizu, a former head of the National Tax College, also came on board. Psychiatrist Michiko Watari was reappointed as commissioner. They joined sitting members Hirofumi Kitamura, a former law enforcement official, and economics professor Keiko Ishikawa. Are operators still keen on Japan? In 2020, the Las Vegas Sands Corp bowed out, saying the investment did not justify the potential return. In 2021, Wynn Resorts and Melco walked away from bidding in Yokohama when an anti-casino mayor took office. The Hokkaido Shimbun reports that an unofficial government survey found “several prefectures, including Hokkaido, which postponed the application for certification … are ‘interested’”. In the past, Hard Rock International set its cap for Hokkaido, the second-largest island in Japan, along with Mohegan Gaming and Rush Street. But Tokyo could be the pearl above price. With a population of 37 million, the capital drew almost 20 million international visitors and more than 540 million domestic travellers in 2023. Osaka IR is the barometer Steve Gallaway, managing partner at Global Market Advisors, says investor interest will hang on the performance of MGM Osaka. If that IR succeeds, “there will be a push for additional development”. Future operators in Japan would do well to model the Osaka approach, writes gaming analyst Howard Jay Klein on the financial news website Seeking Alpha. He described MGM Osaka as the “first true mega ‘city within a city’ property, challenging the new age of brick-and-mortar scale as an answer to the growing incursion of online betting”. The sprawling complex will have three hotels with 2,500 rooms “addressing three basic customer segments”. It will also offer 68,000 square metres of meeting and convention space; a shopping mall, spa and 3,000-capacity theater; and more than 14 restaurants. Though the casino takes up just 3% of gross area, in such a large complex that still means a 69,700-square-metre gaming floor with 6,400 slot machines and 470 table games. MGM executive: Everybody wins Speaking Wednesday at G2E Asia in Macau, MGM President of Global Development Ed Bowers said the project will be an economic windfall for the prefecture, contributing $1.1 billion annually to Osaka’s economy through taxes and entry fees. “Additionally,” he said, “it’s expected to generate approximately three-quarters of a billion US dollars for Japan’s national government.” If additional bidding resumes, MGM will retain “first mover advantage” for at least five years after opening, at least to 2035, Klein observed. “Osaka’s first mover position will be pure gold.” Source link
The Best Online Gambling Sites Ranked by Casino Experts – Muddy River News % %

Finding the best online casinos isn’t as tough as you might think. Here, the top online gambling sites for players from the US have been investigated, so you can easily see where you’ll get a safe, fair experience that feels right in every way. Take a look at what sites you can trust, the games they have, and the bonuses you’ll be picking up along the way. 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It’s pleasing to see the likes of Mythic Wolf and Clover Cash Pots among the long list of slots.Pros:● Many of the best-loved slots are listed● A solid live casino offering● Crypto payments are acceptedCons:● Relatively few traditional banking methods● Not easy to find the information about responsible gambling Red Dog Casino – Best Paying Online Casino for Video Poker Visit casinoThe first positive thing about Red Dog is that many of the slots are well-known for their generous returns and large prize potential. Enter the jackpot section and you’ll see great titles, including Flavors of Sakura and Angry Zeus. There’s also a big video poker section where Jacks or Better and Deuces Wild are among the variants.Registering as a new player only takes a moment, after which you collect a welcome package giving you up to $8,000 when you make your first deposit. 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The virtual sports tab gives a different way of gambling that isn’t always seen on online casino sites. Pros: ● Professional live casino● Welcome bonus covering casino and poker● Virtual sports betting is accepted Cons: ● Many other casino sites have more slots● Withdrawals can be slow Super Slots – Colorful and Easy to Use Online Casino Visit casinoSuper Slots has a bright, attractive look that makes it easy to feel at home. If you’re after a big collection of slots, you’ll find a new game range as well as a popular tab that has all-time favorites like Way to Olympus and Wild Wild Buffalo on it.This casino site focuses largely on slots, so there are fewer table games and live games than on some other gambling sites. However, if you want to enjoy slots action with the occasional
IGT PlaySports launches sports betting at Silver Reef Casino

International Game Technology has announced that its PlaySports platform is now live at Silver Reef Casino Resort, enabling the relaunch of the property’s retail sports betting operations. Silver Reef is the 11th casino in Washington State to adopt IGT’s sports betting technology and the 10th to use its trading advisory services. “Silver Reef Casino Resort is excited to partner with IGT PlaySports for the relaunch of our sports betting offering,” said Wendy Carter, Silver Reef Casino CEO. “We believe that IGT PlaySports’ proven technology and experienced trading advisory team will help us attract sports fans with a premier betting experience and engage guests with localized offers,” she said. Joe Bertolone, IGT SVP of Sports Betting, added, “As a preferred supplier in the region, IGT PlaySports is highly qualified to help Silver Reef Casino Resort develop a comprehensive sports betting offering that caters to the casino’s unique needs and serves as a meaningful player acquisition and engagement tool. IGT PlaySports has been recognized as a top-tier sports betting provider, earning the title of “Sportsbook Platform Provider of the Year” at the 2024 EGR North America Awards. Source link
South Korean Police To Crack Down On Illegal Casinos

South Korean police have vowed to crack down on illegal Texas Hold ’em casino venues that are pocketing millions of dollars in profit. National outlet Newsis reported police will ‘intensively’ crack down on illegal gambling activities taking place at Hold ’em bars across the country for the next four months. These bars charge a fee on entry and are supposed to offer a casino-like experience without real-money wagering – however the state believes that is far from reality at some venues. From 2023 to 2024, the National Police Agency in South Korea arrested almost 5,000 people on charges of illegal gambling – 49 of which were detained. Earlier this year in March, an underground gambling lair disguised as a poker bar in the capital of Seoul was raided where police think owners made over $5 million. A spokesperson for the police said: “Gamblers who turn themselves in may also escape further punishment. We encourage the public to actively report illegal activities.” What Are South Korea’s Gambling Laws? South Korea does not allow local-based or online casinos to operate – however, that simply means offshore casinos are extremely popular with residents. Offshore casinos aren’t bound to South Korean gambling laws and they accept players from all across the country through the internet. South Koreans are allowed to bet on sports, like soccer and horse racing. This form is heavily regulated by the government and there is a limited number of licensed operators who offer these services, with customers required to verify their identity and age before playing. Naturally, many bettors turn to offshore sportsbooks to place wagers because there are no limits, restrictions or KYC checks to consider. Players have complete freedom and don’t have to feel like someone is watching over their shoulder. The lottery is one of the few forms of gambling that is legalised in South Korea. First introduced in 1969, it is still very popular today and over half of residents aged 19 or above purchase a lottery ticket each year. There is one in-person casino where local residents can gamble at, named the Kangwon Land Casino. It has over 200 tables and 1,350 slot machines to gamble on, but it’s heavily monitored and restricted by the government. Joe Lyons Joe Lyons is a betting industry writer for GamblingIndustryNews with years of experience on reputable sports and gambling websites. Joe has also been published by Nottingham Forest, working with the academy and senior teams to produce content on matchdays. He formerly covered the Premier League and EFL as an on-site reporter during the 2020/21 season for Prost International. He is an expert in a range of sports including soccer, basketball, horse racing and American football. Joe specialises in long form content alongside news, tips and betting. Source link
Ocean casino gives $950,000 to Inlet neighborhood group

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Which Crypto Casino Is The Best? Listed 5 Most Trusted BTC Casinos 2025 With No KYC

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Editorial: A ruinous skill games tax would hurt small businesses and help the big casino industry

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10 Best US Online Sweepstakes Casinos May 2025 Rated

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Ohio Lawmakers Making Plans To Legalize Online Casinos

Rep. Brian Stewart has confirmed that he is working on a proposal to legalize online casinos in Ohio. The legislation could allow legal online poker and other casino games in the Buckeye State. Stewart is seeking new sources for tax revenue after plans to raise existing gambling taxes were removed from Gov. Mike DeWine’s budget. A report published last year by the Study Commission on the Future of Gaming in Ohio recommended legalizing online gaming. “While the state should proceed with caution and care with any expansion of this magnitude, with the right regulatory framework, these types of gaming can thrive with nominal impact to our current system,” Reps. Jay Edwards, Jeff LaRe and Cindy Abrams wrote in the report. They went on to add that other states have seen “significant increases to tax revenues generated with greater participation” in online gaming and lotteries, and that “These tax revenue benefits to the state and funding that could be provided to our K-12 education system cannot be overlooked”. Ohio’s casino gaming landscape The state operates 11 land-based casinos, generating substantial revenue. In 2024, they reported a combined revenue of approximately $1.1 billion, suggesting high demand for Ohio online casinos. With no legislation currently in place, residents use unregulated platforms in high numbers. Last year, it is estimated that sweepstakes casinos and other unlicensed operators generated $3.7 billion in revenue from Ohio users. As cited in the report last year, neighboring states that have legalized online gaming have seen substantial revenue generated by the industry. Pennsylvania legalized online casinos in 2019 and operators saw $1.5 billion in revenue last year. With a 54% tax rate on slots, and 36% rate on sports betting, the state collected approximately $2.66 billion in tax revenue and fees from gambling activities in 2024. Michigan reported similarly high numbers, with $1.2 billion generated by state-licensed online casinos in 2024 after legalizing in 2021. Tax rates are lower than in Pennsylvania at 20-28% for online games, which led to around $500 million being collected. Appetite for gambling in the Buckeye State Ohio sports betting was legalized in 2021 with the first online sportsbooks launching in 2023. Ohioans wagered nearly $8.9 billion on sports in 2024, which led to state-licensed operators generating $899 million in revenue. Despite legalization, unlicensed operators outstripped these numbers, generating over $1.5 billion. This includes sweepstakes, offshore sportsbooks, and prediction markets. Only in Texas, where there is no legal online sports betting, was more revenue generated by unlicensed operators. These figures were published in a report by Yield Sec last month. The gambling industry in Ohio, therefore, presents a big opportunity for lawmakers to generate funds for the state. A proposed tax hike on sports betting from 20% to 40% was removed from the budget, so legalizing online casinos could be another route to increasing state funds. Last year, former Senator Niraj Antani introduced an online casino bill, proposing that licenses be tied to the state’s 11 casinos and racinos. The bill failed to progress, but Antani noted that legalizing sports betting took over 3 years and 30 bill iterations. Stewart will be hoping the process of legalizing online casinos is considerably shorter. Adam Roarty Adam is an experienced writer with years of experience in the gambling industry. He has worked as a content writer and editor for five years on sites such as Oddschecker, CoinTelegraph and Gambling Industry News, bringing excellent knowledge of the world of sports betting and online gambling. Source link
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