{"id":777019106,"date":"2024-09-17T09:54:26","date_gmt":"2024-09-17T12:54:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777019106"},"modified":"2026-04-22T06:04:01","modified_gmt":"2026-04-22T09:04:01","slug":"japan-3-arrested-for-alleged-laundering-of-online-gambling-money","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/japan-3-arrested-for-alleged-laundering-of-online-gambling-money","title":{"rendered":"Japan: 3 arrested for alleged laundering of online gambling money"},"content":{"rendered":"\n

Those arrested are accused of laundering around JPY4.9bn (US$35m).<\/p>\n\n\n\n\n\n\n\n

Japan.- The Osaka prefectural police have arrested three people for alleged involvement in money laundering related to funds from online casino gambling. Hatsuyo Kinoshita<\/strong>,\u00a0Yukiko Han<\/strong>, and\u00a0Yuya Santanda<\/strong> are suspected of laundering around JPY4.9bn (US$35m) sent to their accounts by around\u00a010,000 people<\/strong>.<\/p>\n\n\n\n

Some JPY2.9bn (US$20.71m) was paid out to gambling participants as winnings, while the remaining JPY2bn (US$14.29m) was allegedly taken as profit, with 1.5 to 2 per cent going to the three suspects. Bets were allegedly placed online via Yous Casino. <\/p>\n\n\n\n

In completely unrelated news, Osaka IR KK<\/strong>, the entity that will develop an integrated resort (IR) with a casino on Yumeshima island, has reportedly waived its right to terminate the implementation agreement for the project.<\/p>\n\n\n\n

Osaka IR KK is a joint venture<\/a> between MGM Resorts International, Japan\u2019s Orix Corp, and several other Japanese entities as smaller-scale investors. Under the terms of the agreement, the consortium had the option to withdraw without paying compensation if specific conditions such as the tax regime, investment requirements, land improvements and tourist numbers were not fulfilled.<\/p>\n\n\n\n

The IR is expected to cost JPY1.27tn (US$ 8.9bn)<\/a> and is anticipated to generate annual revenue of JPY520bn, of which about 80 per cent is expected to come from the casino. It will also include hotels, shopping areas, convention areas and facilities. Operations are slated to commence by autumn 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

Those arrested are accused of laundering around JPY4.9bn (US$35m).<\/p>\n","protected":false},"author":176,"featured_media":26497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Osaka police have arrested three individuals for allegedly laundering JPY4.9bn (US$35m) linked to illicit online casino gambling via Yous Casino, highlighting significant financial crime risks within unregulated iGaming. Concurrently, Osaka IR KK, a joint venture including MGM Resorts International and Orix Corp, has waived its right to terminate the JPY1.27tn (US$8.9bn) integrated resort project, signaling firm commitment to the development slated for autumn 2030.","focusai_entities":"Hatsuyo Kinoshita, Yukiko Han, Yuya Santanda, Yous Casino, Osaka IR KK, MGM Resorts International, Orix Corp","focusai_location":"Japan, Osaka, Yumeshima island","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"AML Enforcement Impact","query":"What specific regulatory or legislative actions might Japan consider to curb illicit online gambling activities and enhance AML enforcement, given the scale of this JPY4.9bn laundering operation?"},{"label":"Osaka IR Financial Projections","query":"How might the Osaka IR KK's waiver of termination rights impact the project's financing structure and the long-term return on investment for MGM Resorts International and Orix Corp, considering the JPY1.27tn cost and JPY520bn projected annual revenue?"}],"footnotes":""},"categories":[16338,439],"tags":[20326],"class_list":["post-777019106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legal-news","tag-illegal-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777019106"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019106\/revisions"}],"predecessor-version":[{"id":777019116,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019106\/revisions\/777019116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26497"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}