Hong Kong’s TGG joining 420 Global CEOs and executives in Japan Gaming Congress 2017
TGG Takara Gaming Group, creator of the world’s first open operating system based on the Linux kernel and designed primarily for casino gaming devices, is proud to be the supporting sponsor in the second edition of Japan Gaming Congress (JgC), which is taking place in Tokyo on 10 -11 May, 2017. The event features thought leaders including, Mark Frissora, CEO, Caesars Entertainment; John Raczka, Former VP Entertainment Development & Operations, Melco Crown Entertainment; Masayo Watanabe, Senior Manager Sub-Leader for the Integrated Resort Support Office, Ernst & Young Japan; Masahiro Terada, Senior Manager, Pricewaterhouse Coopers (Japan) and Ed Bowers, CEO and Representative Officer, MGM Resorts Japan, LLC.
The Co-founder & CEO of TGG, Mr. Raymond Chan is selected as the Speaker in the panel session of “Opportunities for local prefacture community and firms from various sectors”, discussing with other gaming experts about the opportunities and ideas that Japanese companies would have in the international gaming market as well as the local Japanese market.
Mr. Chan said, “We also discuss the current situation affecting the international Electronic Gaming market which is accounting for over 70% of gaming revenue in Las Vegas, and the entry barriers to the market from the USA, Europe to Australia and Asia, and soon to include Japan.”
“The recently released white paper by Global Market Advisors (GMA) suggests that ‘slot machines will have a far more prominent place’ in Japan’s ‘machine-centric gaming culture’. The study projects that slots will initially take up 45% of Japan casino gaming floors. Base on the study, Japan has the ability to generate $10.9 billion to $24.2 billion in gaming revenue based on the scenarios outlined in the study,” continues Raymond, “Japan has been preparing itself as potential gaming hub in Asia for a long time and it is the third largest economy in the world. There’s no doubt that the local economy will be benefited.”
Following the recent approval of the Integrated Resort Promotion Bill, Japan enters a new era having legalized gaming. With an estimated $40bn market at stake reported by Bloomberg, people from various industries are targeting this lucrative market.
A three day educational forum that offer clear, practical insight and understanding into the casino legislation in Japan. Held at the Grand Hyatt in Roppongi, the congress is expected to draw strong participation from both domestic and international firms interested in the development of integrated resorts in Japan.