Chinese companies on the bribery side approach for defensive entry for four consecutive years or at 4:04 on December 27
In a corruption case in which a member of the House of Representatives Akimoto was arrested over an IR / integrated resort facility, it was found that Chinese companies on the bribery side were in the red for four consecutive years until last year due to stricter regulations and other factors. The company did not operate casino facilities compared to other major casino operators considering entering the Japanese IR. We are examining the details of the process as if we approached Deputy Minister Akimoto.
Mr. Akimoto, 48, a member of the House of Representatives who left the Liberal Democratic Party, was acting as a deputy minister of the Cabinet Office and other departments in charge of IR and other matters. He was arrested by the Tokyo District Public Prosecutor's Office for suspected bribery for receiving bribes such as cash of 3 million yen from the side.
According to its website, "500.com" was established in 2001, and has grown rapidly in the field of sports betting and other businesses using the Internet. In 2013, it was listed on the New York Stock Exchange.
However, according to a report submitted by the company to the stock exchange, the Chinese authorities have tightened regulations on the online lottery business, and for the fourth consecutive year until the last year, the deficit has continued, and the business performance has deteriorated significantly. .
In addition, this company had no record of operating casino facilities compared to other major casino operators who are considering entering the IR market in Japan. We are examining the details of the process as if we approached Representative Akimoto, who was the deputy minister in charge.
According to lawyers, Akimoto has completely denied the charges.