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MGM-Orix Consortium Could Benefit from Japan Election Results

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The result of Japan’s general elections is positive news for the country’s IR industry and in particular for the chances of the MGM/Orix consortium in Osaka after surprise gains by the Ishin To Party.

The right-wing party almost quadrupled their seats from 11 to 41 making it the third-largest party in the country. In Ishin’s stronghold of Osaka, the party banished the LDP completely and cornered 14 of the 18 seats.

“In the IR space, if Osaka was already the firm favourite prior to the election, it is even more certain now that they will bring the license bacon home and Bill Hornbuckle can start heating up the grill in his backyard and invite his ORIX partners for an early celebration barbecue. The LDP will now need their friendly opposition ‘partner’ more than ever and will be eagerly serving the IR license to Governor Yoshimura in a sterling silver platter,” said industry executive Daniel Cheng, who has been closely following the IR license procedure in Japan.

Overall, the ruling Liberal Democratic Party returned to power, removing other potential political upsets to the licensing timetable.

“The road looks clear for the continuation in the ongoing six-month host bid submission window which will close on 30 April 2022 after which up to three cities and their associated development consortiums will be selected a few months after,” Cheng said.

For Nagasaki and Wakayama, it is more of the same as the aftermath of the election saw an unchanged ratio of ruling vs opposition legislative seats. In the capital, the ruling party lost some ground to the opposition but it is unlikely to prevent Governor Koike from making an IR bid if she so decides to.

Two IR hopefuls on the sidelines saw contrasting fortunes. The LDP lost ground in Fukuoka losing 3 seats when it previously held all 11 seats; conversely, the LDP gained ground in Aichi winning 3 more seats. That puts the latter in better stead should they throw the dice in the pot if less than three licenses are issued from the present bidding round.

“Hokkaido is the other big story in my view, namely Tomakomai City which was the de facto IR site for the prefecture but withdrew over a year ago,” Cheng said. “There are many anticipating a Hokkaido comeback in the IR race at some juncture whether 7 years later or sooner, circumstances permitting.

At the prefectural level, the election results were even-stevens where the LDP and the opposition started and ended with 6 seats each, but not in the same districts. Particularly, Hokkaido District 9 which encompasses Tomakomai City fell into the hands of main opposition political party, CDP. This was despite having both Prime Minister Kishida and former Prime Minister Abe campaigning in Tomakomai City last week to rally support for LDP incumbent, Manabu Horii.

This will add another headache for Tomakomai Mayor Iwakura in his crusade to bring an integrated resort into his town as the CDP is staunchly anti-IR.”

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Tencent Games to Participate in Gamescom 2025

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Tencent Games, a leading global platform for game development, publishing and operations, has announced its participation in gamescom 2025, taking place in Cologne, Germany, from August 20 to 24. This year’s showcase represents the company’s most expansive presence to date, spotlighting over a dozen groundbreaking titles from across its owned and partner studios and publishing divisions. From iconic franchises to bold original creations and cutting-edge gaming technologies, Tencent Games is shaping the future of gaming by driving innovation and fostering deeper connections across the global gaming community.

Kicking off its most ambitious gamescom yet, Tencent Games is playing a leading role in shaping a sustainable future for the gaming industry. Rick Li, Producer of PUBG MOBILE, will speak at the Playing for the Planet (P4P) Panel at the gamescom congress on August 21. Joining fellow industry leaders from Ubisoft, Unity Technologies and Xbox, Li will contribute to the panel “Level up for impact: How Consoles, Engines and AAA games are driving efficiency upstream and inspiring action downstream with players.” This discussion will highlight how different parts of the video games industry can contribute upstream by reducing emissions, while also engaging players downstream to raise environmental awareness and inspire meaningful action.

In addition, Tencent Games will share valuable insights at devcom, gamescom’s developer conference running from August 18 to 19. On August 18, sessions will explore technological innovations such as AI and anti-cheat, followed by a deep dive into the role of the audiovisual language in Delta Force: Black Hawk Down on August 19. Further, VISVISE, Tencent Games’ AI-powered game development solution will make its global debut at gamescom and devcom; the AI tools, GoSkinning and MotionBlink, will transform production pipelines and enhance development efficiency by automating character skinning workflow and motion capture. These highly anticipated new innovations and proprietary tools will be showcased at the Tencent Games B2B booth (Hall 4 & 4.2), underscoring its commitment to global collaboration and technological development.

The post Tencent Games to Participate in Gamescom 2025 appeared first on European Gaming Industry News.

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PENN Entertainment Celebrates Grand Opening of Hollywood Casino Joliet

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PENN Entertainment has officially opened the doors of its new Hollywood Casino Joliet on Monday, August 11.

The $185 million state-of-the-art casino replaces the former riverboat property that operated on the shores of the Des Plaines River since 1992.

Legislators and area dignitaries, Illinois Gaming Board officials, Chicago Bears executives and NFL legend and Joliet native Tom Thayer joined the PENN team members for the ribbon-cutting ceremony. Hollywood Casino Joliet then opened to the public at 4:00 p.m. and welcomed guests to experience approximately 1000 of the newest slot machines, 43 table games, a retail ESPN BET sportsbook, upscale national and Chicagoland celebrity-led dining and, above all, a premier guest experience.

“We would like to officially welcome players and guests to the all-new Hollywood Casino Joliet. After approximately 20 months of construction, we are thrilled to open the doors to this land-based entertainment destination. We are proud of our 30-year history in Will County and are committed to continuing our investment in the community by creating new jobs, providing important tax revenue, and serving as a new attraction to bring even more visitors to the area,” said Jay Snowden, CEO and President of PENN Entertainment.

“This opening marks an exciting new era of entertainment in Joliet. We’re grateful for the support from the city of Joliet, the Illinois Gaming Board, and our business and community partners who contributed to the successful development of this new property. We look forward to delivering an elevated experience with world class dining, entertainment, and gaming options for patrons across the region,” said Todd George, Executive Vice President of Operations for PENN.

The roughly 189,000 square foot entertainment destination employs approximately 600 team members and generated around 450 construction jobs. Open seven days a week and 24 hours a day, the fun and excitement will continue 365 days a year.

The post PENN Entertainment Celebrates Grand Opening of Hollywood Casino Joliet appeared first on European Gaming Industry News.

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REEVO Announces Partnership with 100HP

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REEVO has announced a new partnership with 100HP, a results-driven provider of instant and crash games that are redefining the player experience across global markets.

This collaboration sees 100HP’s high-performance game titles integrated into REEVO’s growing aggregation platform, instantly expanding the available content for operators, aggregators and affiliates within REEVO’s extensive network. Known for delivering speed, simplicity and engaging gameplay, 100HP’s games are more than just entertainment, they are true growth engines.

With a shared vision of pushing boundaries in iGaming innovation, this partnership combines REEVO’s agile technology and deep operator insight with 100HP’s proven game mechanics, optimised retention and market reach.

“At REEVO, we’re always looking for partners who not only innovate but also deliver real value to operators. 100HP does exactly that, their portfolio is fast, fun, and performance-focused. This collaboration brings even more dynamic content to our partners and aligns perfectly with our mission to drive engagement and growth,” said Daniel Cuc, Head of Account Management at REEVO.

Timur Todua, Head of Partnership Managers at 100HP, said: “Our partnership with REEVO marks another important step in expanding our global reach. We are excited that 100HP Gaming titles are now available to operators working with one of the industry’s leading aggregators.

“REEVO brings strong technological expertise and a deep understanding of operator needs and by extension, player expectations. This collaboration enables us to scale distribution, strengthen our presence in key markets, and get even closer to players who value speed, simplicity, and a unique gaming experience.

“We appreciate the REEVO team for their efficiency, transparency, and clear results-driven approach. We are confident this partnership lays a solid foundation for future joint initiatives.”

The post REEVO Announces Partnership with 100HP appeared first on European Gaming Industry News.

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