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The success of MGM Resorts over the last five years can be traced back to one place: The Las Vegas Strip.
With Japan's legislature taking the first steps toward legalized casino gambling, casino operators are angling to get a seat at the baccarat table. Particularly among those with a heavy presence in nearby Macau, the chance to participate in what is estimated to be $40 billion opportunity -- some 40% larger than the gaming revenues Macau casinos took in last year -- is not one to be missed.
Niraku GC Holdings, a Japanese operator of pinball-like pachinko parlours, soars 139pc while peer Dynam Japan Holdings Co gains 44pc
I provide a curated list of 32 Japanese net-nets for readers to do more work on, and profile two other Japanese net-nets in greater detail.