The Wicked Reporter 2: The Rebirth of Horserace Betting (1994)

The continuing adventures of Matsuzaki (Eiji Okuda), a racing tipster for a sports paper. In this sequel to 1993's The Wicked Reporter, Matsuzaki befriends a mysterious old bettor at the track named Tokudaiji (Kei Sato). The man turns out to be a well-connected millionaire and invites Matsuzaki to his home... While the sequel covers the familiar territory of gambling and gangsters, Mochizuki also attempts to tactfully approach such subjects as gender dysphoria, transvestism, and infidelity.