29-04-2013, 05:45 PM
He must be assuming all the huge Japanese conglomerates plus existing pachinko operators will passively allow foreign cos. to tender and win any bids if and when it's liberalised....
(29-04-2013, 05:45 PM)KopiKat Wrote: [ -> ]He must be assuming all the huge Japanese conglomerates plus existing pachinko operators will passively allow foreign cos. to tender and win any bids if and when it's liberalised....
(30-04-2013, 08:10 AM)Thriftville Wrote: [ -> ](29-04-2013, 05:45 PM)KopiKat Wrote: [ -> ]He must be assuming all the huge Japanese conglomerates plus existing pachinko operators will passively allow foreign cos. to tender and win any bids if and when it's liberalised....
I think a more likely scenario will be pachinko pairing up with a foreign casino operator. Jap corp hasn't got much experience in this business. A joint venture will be beneficial to them. Foreign operators has international client's contacts, which can help to boost the business
(30-04-2013, 09:28 AM)corydorus Wrote: [ -> ]Will there be a rush by other Casino operators and lesser Jap customers to come here ?
(30-04-2013, 10:31 AM)corydorus Wrote: [ -> ]Less China and Jap relation, it does offer an attractive proposition for Chinese to gamble in Japan.
(30-04-2013, 10:36 AM)felixleong Wrote: [ -> ]that time genting raise so much $$ by issuing pref shares, end up till now also havent use the $$
I rather they pay out the extra cash as dividends than expanding too aggressively
(30-04-2013, 10:41 AM)Thriftville Wrote: [ -> ](30-04-2013, 10:31 AM)corydorus Wrote: [ -> ]Less China and Jap relation, it does offer an attractive proposition for Chinese to gamble in Japan.
Yes that's true. It is nearer for Chinese to fly to Japan. Genting has good experience entertaining Chinese VIP, so the Jap gov may consider granting them a license. So the profit will still go under Genting Singapore.
(30-04-2013, 11:23 AM)corydorus Wrote: [ -> ]That's assuming only Genting is the Only Operator in Japan will there be clear advantage