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MGM Resorts Hoping to Learn Japan Fate by October

Bill Hornbuckle, CEO and President of MGM Resorts International, said he hopes to learn whether the company has been successful in its bid to win a Japan integrated resort license by October of this year.
MGM and local partner ORIX are looking to develop a near US$10 billion IR in Osaka, which was one of two locations – the other being Nagasaki – to submit their final area development plans to the government last week. A third location, Wakayama, withdrew its bid at the last minute over funding concerns.
Speaking to analysts during the company’s Q1 2022 earnings call on Tuesday morning, Hornbuckle said he hoped a decision would be made within this year in order to begin development work by late 2023.
“Last week we submitted our area development plan to the government of Japan alongside our partners at ORIX and the city of Osaka,” he said.
“This is the final milestone before licensing decisions will be made hopefully in October of this year. We continue to work closely with the national government to obtain a license that will hopefully be awarded later this year to bring a fully integrated resort into Japan.”
Asked for more detail on the development timeline, Hornbuckle said, “To think we had a crack at this market at scale and [are now] one of the long-standing survivors [means] this will be pretty compelling for all of us.
“That said, I’d hope to be doing pylons by late 2023, early 2024. Given its scale, this is a four-and-a-half-year project to build, so [we would be looking to open in] late 2028, into 2029. That’s really the way to think about it.”
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Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify

With the centre-left retaining a narrow majority, Norway’s gambling framework is set to remain largely unchanged in the near term.
Norsk Tipping’s monopoly will continue, and enforcement tools such as payment and DNS blocking of unregulated operators are likely to remain in focus. While a shift to a licensing model appears unlikely this parliamentary term, the Progress Party’s stronger position as the main opposition keeps the reform debate active.
For industry stakeholders, the sensible course is to concentrate on compliant, sustainable strategies and to track policy signals closely as the debate continues.
The post Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify appeared first on European Gaming Industry News.
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Slots Temple Announces Exclusive Free-to-Play Tournament Partnership with Pragmatic Play

Leading online casino operator Slots Temple is excited to announce a brand-new partnership with the UK’s number one slot provider, Pragmatic Play. This exclusive new deal will allow Slots Temple to integrate Pragmatic Play’s industry-leading products into its free-to-play tournament platform.
As part of this collaboration, Pragmatic Play’s renowned online slot portfolio, which features popular titles like Big Bass Bonanza, Big Bass Splash, and Gates of Olympus, will be available on Slots Temple’s tournament platform.
This is a landmark moment for Slots Temple as it continues establishing itself as a unique proposition in the UK marketplace. The operator became the first affiliate site to receive a full United Kingdom Gambling Commission license, enabling it to offer real-money prizes and slots to its customers. Through this partnership, Slots Temple will also be the first operator in the UK to offer free to play Tournaments (on Pragmatic Play Slot Games) that award real cash prizes
Slots Temple is committed to giving its players access to the latest and best slots available, and this new partnership underscores that dedication.
Fraser Linkleter, CEO of Slots Temple, said: Tournaments are the beating heart of everything we offer here at Slots Temple. By signing this exclusive partnership, we are continuing to demonstrate to our players our commitment to collaborating with the best the industry has to offer.
“Slots Temple has repeatedly proven itself to be a trailblazer in the UK slot scene, and we’re excited for their players to engage with our titles through dynamic tournaments. Our games are designed with player engagement in mind, making them a perfect match for this format.” Beatriz Chamero, Business Development Manager at Pragmatic Play commented.
The post Slots Temple Announces Exclusive Free-to-Play Tournament Partnership with Pragmatic Play appeared first on European Gaming Industry News.
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iGP Partners With BetComply to Support Strategic Expansion

The post iGP Partners With BetComply to Support Strategic Expansion appeared first on European Gaming Industry News.
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