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Japanese law could open up gambling
Tuesday June 18,2013 : JAPANESE ONLINE GAMBLING PROSPECTS?
Speculation on whether a change in Japanese law could embrace the online and mobile environments.
The assessment last week by leading business analytical company Morgan Stanley that there's a good chance that changes in Japanese law could open up gambling in that populous nation has sparked speculation that such a change could include the online and mobile sectors of the market.
Observers point to Japan's advanced technological and communications infrastructure and the level of comfort with computers and mobile devices that most Japanese exhibit, along with a penchant for gaming and the success of pachinko in the Asian nation.
Morgan Stanley analysts based their assessment on increasingly optimistic reports that the Japanese Restoration political party was making headway in its proposal to open up the Japanese land gambling market with casino resorts, with legalisation possible by the end of 2013, and the first establishments opening their doors around 5 years later.
The assessment opined that Japanese lawmakers are currently the closest they have ever been to legalising land casinos, following the submission of a Japan Restoration Party bill to the Diet (parliament) and increasing pressure from the party to get things moving.
Academic estimates on the potential value of the Japanese land casino market have recently reached as high as $44 billion a year - a potentially worthy rival to top dog Macau - and in the right sort of legislative and taxation environment major gambling groups would clearly be more than a little interested in investing billions.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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