The Japanese are coming!!!

Where will be the next casino hotspot in Asia after Macau and Singapore?

An expert from Osaka University of Commerce says he’d bet on Japan.

Being one of the top world’s economies, Japan aims to empower their economy furthermore. Legalizing casinos and other forms of gambling in Japan are expected to provide tax revenues which will help boost Japan’s economy and their tourism industry. After all, casino gambling in Japan, despite being illegal, is very much widespread, especially in the [...]

A very informing article about casino gambling in Japan. In a city like Tokyo, it is surprising how casinos are still considered illegal in these modern times. It is said to arise from the early days of Edo Period when a lot of Japanese lost their homes and sold their daughters due to casino losses, tsk tsk. However, Japan should consider how revenues from casinos can help boost their economy if legalized. Afterall, there have been a lot of casinos operating in Japan. 

From Captain Japan’s Big Empire 

On a typical weekday night, the streets on the west side of Tokyo’s Shimbashi Station are alive with activity. Jewelry salesmen hocking necklaces and bracelets compete for sidewalk space with lottery ticket sales booths. Taxis line up for fares. Salarymen slowly filter into the hostess and snack clubs off the main streets.

Playtech Limited, the software company responsible for many online casino and poker rooms on the Internet, firmly established themselves in the online poker world with their successful launch on the London financial markets on Monday.
Playtech opened up on the London AIM on March 27th with a public offering of their stock, which should provide [...]

MONTREAL, March 22 /PRNewswire/ — Dynasty Gaming Inc. (TSX Venture: "DNY") today announced the signing of a Letter of Intent with the Macau-based Ho Group to form Ho Majiang, a new Asian-based company that will hold a license for Dynasty’s Mahjong software in China and will create and promote game playing [...]

Real Time Gaming is launching RTG Asia to be based in Singapore, which aims to strengthen the company’s focus on the growing Asian market.
Daniel Schultz, Chief Executive and Chair of RTG Asia said, “The truth is, to become a serious player in the Asian market you have to immerse yourself entirely.”
Dr Finian Tan, Chairman of [...]

GENEVA, Switzerland: With the deadline for action a mere three weeks away, the Dispute Settlement Body (DSB) of the World Trade Organization (WTO) heard a status report from the United States on Friday on steps it intends to take to implement that body’s recommendations and rulings in the Internet-gaming dispute with Antigua and Barbuda.
In introducing [...]

TORONTO, March 20 /PRNewswire-FirstCall/ - FUN Technologies Inc. ("FUN" or the "Company"), one of the world’s leading online casual gaming providers, announced today that its wholly owned subsidiary, SkillJam Technologies Corporation ("SkillJam"), has acquired WorldWinner.com, Inc. ("WorldWinner"), in a US$23 million transaction that further consolidates the Company’s leadership position in the fast-growing casual gaming market.
Based [...]

GLOBAL ENTERTAINMENT HOLDINGS/EQUITIES INC (GAMM.OB) is a software provider to online sportsbooks such as VIPSports. Over the week, the stock shed 50% of its value from it’s $0.40 high on March 6 to yesterday’s close of $0.15 (March 14). The company’s market cap sunk to $1.1M. Other developments include
- $713,000 Net Income for 2005 [...]

ALBANY, N.Y. (AP) — Video slot machines pegged to be the financial savior of the New York Racing Association won’t be in place until 2007 — just months before NYRA’s agreement with the state ends.
Less than four months ago, NYRA said the high-revenue machines would be operating between Labor Day and Thanksgiving. NYRA president Charles [...]