Apr. 13rd, 2017Osaka University of Commerce

President Ichiro TANIOKA(Foreign Press Center Japan)

Lifting Ban on Integrated Resorts Including Casinos

0

Main Structure of IR

StayEat

Shop

Workbusiness

PlayEntertainmentNew experience

HotelRestaurantMall/Retail Stores

casino High Rollers/ForeignMass CustomersLocal/Seniors

Theme ParkEventsMuseumSports FacilitiesShow

GolfSpa/Pool(Others)

Tour Cultural visitMICE Facilities

1

Restaurants

Shops

IR’s Target Customers

Business

Family

Foreign

High Rollers

Local People

MICE

EntertainmentFacilities

Casino

Target C

Hotels

2

Promotion Law → Implementation Law(Philosophy/Basic) (Detail)

IR Promotion Law(2016・Dec.16th)

IR Implementation Law(will besubmitted:2017 fall? Or later)

・“integrated resort” w/Casino・“Private sectors” & Local jurisdiction・“Urban ”Type IR & “Local”Type・Limited area and total #・License as Privilege・Concrete detail within 1 year

・Detail for each category (→big volume)・Entry Condition & Criteria・Condition of qualification/rejection・Correspondance to (latent) Social-Cost・(Others)

3

Organization

IR Promotion Law IR Implementation Law

The Headquarterof IR Promotion

IRPromotionCommittee

AcademicalsStaffs/Advisors

Cabinet Members

Chief : The Prime Minister(Sinzo Abe)Members : All Other Cabinet Members.

office

4

5

6

7

8

9

10

Participation Level of Public Sectors

Responsible Gaming

（Idealistic Std.）

Policy to Minimize Social Harms

（Concrete Policy）

● Voluntary Action ● Obliged Action/Regulation

11

©Dr. Toru Mihara, Professor, Osaka University of Commerce

Correspondence to PG－Obligated & Autonomous －

Obligated Corr. Autonomous Corr.

Systematic by Law/Regulation Voluntary Action by Private Sectors

Limited Supply(# of Machines,etc.)

Limited Stakes

Safety-Nets

Inform the Risk & Probabilities

Prepare Places for Counseling

Self-Exclusion(List of Excluded

People)

12©Dr. Toru Mihara, Professor, Osaka University of Commerce

Increased Competition / Decreasing Demand

Atlantic City & Las Vegas

0

1

2

3

4

5

6

7

1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014

$ B

illio

ns

Atlantic City Total Revenue (1978-2014)Gaming Revenue Other Revenue

Growth PhasePhase of Opportunity Mature Phase

Total Revenue for Las Vegas Strip Casinos with Gaming Revenue Greater than $72M (1990-2015)

13

© Christiansen Capital Advisors, LLCAll rights reserved

Competition of East Coast

a

b

14

Non-Gaming Revenue

© Christiansen Capital Advisors, LLC All rights reserved

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Atlantic City Macau Las Vegas

Exhibit 6 : Total Revenue for Atlantic City Casinos, Las Vegas Strip Casinos with GGR Greater than

$72M, and Macau Casinos (2014-2015)Gaming Revenue Other Revenue

15

Necessity of Human Resource

IR ManagementOrganization of IRIR Business PracticeTraining(abroad)of IRStatistic & Decision MakingAddiction Ⅰ(Theory)Addiction Ⅱ(Practice)Tourism PolicyIR Seminar

12 Units or more

+Thesis

Design

Architect

Local Government

Casino Operation

Convention

Curriculum

After Graduation

Subject Title Unit Remarks

16

Problems／Issues to be Solved

1.Online Gaming

2.Crime & Underworld Group

3.Sports Betting

4.Pachinko/Pachislo & Race Itemes

5.Comp & Junket

6.Credit Rent17

Thank You Very Much!

Question?

18