Posts Tagged ‘Japan economy’

Time for time out in Japan casino saga

May 5, 2021

The outlook for casinos has darkened on Osaka’s Yumeshima island and across Japan due to delays, fastidious regulations and Covid-19.

Efforts to legalize so-called integrated resorts in Japan began in the previous century and passed its final legislative hurdle in July 2018 to the delight of the global gaming industry. Since then, bureaucrats and the pandemic have conspired to delay the process, dissipating enthusiasm. To recapture momentum for casinos, Japan must call time out to fix its regulations. The outcome of casino legalization will impact Japan for decades, so taking a few months to get it right makes overwhelming sense.

Former US diplomat and broadcast news producer Muhammad Cohen is a contributor to Forbes and Inside Asian Gaming, columnist/correspondent for Asia Times, and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan casinos face defining questions

April 19, 2017

While the global casino industry giddily dreams of integrated resort locations, why Japan wants casinos and what will make them Japanese loom as defining issues.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan engaged to be engaged on casinos

January 21, 2017

Lawmakers in Japan voted to start casino legalization, but there’s a long road ahead, with lots of exit ramps.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan casino prospects fade despite good cards

February 27, 2015

Reasons for Japan to legalize casinos keeping growing along with the country’s burgeoning debt and quarter century long economic malaise. Yet Japan casino legalization seems less likely than a year ago, international observers say. Supporters in Japan remain optimistic, and a study of potential casino impacts has been commissioned – maybe.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan vote could boost casino hopes

December 13, 2014

Prime Minister Shinzo Abe wants to legalize casinos for Japan as part of his economic revival plan known as Abenomics. In Sunday’s vote, his Liberal Democratic Party’s expected landslide victory could give new momentum to casino legalization, but only if Abe and his allies begin convincing the Japanese public that casinos are a good idea.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan casino gold mine may not pan out

August 28, 2014

Prime Minister Shinzo Abe’s government is forming a task force to rekindle enthusiasm for its integrated resort initiative. However, casinos in Japan may prove less lucrative than international gaming companies seem to believe.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.


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