Inside Asian Gaming

IAG JAPAN OCT 2021 104 South Korea and Vietnam have been the other big movers when it comes to IR development – each has opened three – but their impact has certainly not been on the same scale as the Philippines. Notably, both markets are strictly foreigner-only when it comes to casino gambling, with one exception each (Kangwon land in Korea and Corona Resort in Vietnam), and have therefore been heavily impacted by the COVID-19 pandemic. Perhaps the most interesting of those we looked at in 2011 were Japan and Taiwan. (Yes, Taiwan!) Speculation at the time was that Japan was readying to push through a new casino bill as a means to fund recovery from the recent tsunami and nuclear disasters. In fact it took six years for the first of two bills to eventually pass, and after much excitement over the past few years the future of Japan IRs looks as shaky as ever with serious doubts over whether the government will issue three licenses next year as planned. As for Taiwan, we noted estimates of an industry worth around US$2 billion per year, Okada Manila is one of the new integrated resorts to have opened in the Philippines in recent years. オカダマニラはここ数年以内にフィリピンでオープンした新統合型リゾートの１つ。 10 YEARS AGO