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Japan tiptoes toward casinos

Legislators took another small step toward legalizing casinos in Japan this week. Backers hope so-called integrated resorts will open in time for the 2020 Olympics, but the political and bureaucratic process will be a marathon, not a sprint. 62 more words

IOC awards Japanese TV rights to consortium in 4-Games deal worth $1 billion

LONDON — In another sign of the increasing Asian and Japanese financial influence in the Olympics, the IOC sold the Japanese broadcast rights through 2024 to a TV consortium on Thursday in an eight-year, four-games deal worth 110 billion yen ($1 billion). 468 more words

Sports

Rising Costs Force Review of Tokyo 2020 Venue Plans

Tokyo Metropolitan Government Building (Reuters/Yuya Shino)

(Reuters) – Rising labor and construction costs are forcing a review of Tokyo’s venue plans for the 2020 Summer Olympic Games and could lead to a scaling back of facilities, Japanese officials said on Wednesday. 465 more words

Olympics