Monday, December 17, 2018

Yumeshima likely to require Osaka police reorganization

In their current state, Osaka police are woefully underprepared for hosting the 2025 World Expo and an IR on the island of Yumeshima, and a significant police reorganization may be needed, the Sankei Shinbun has pointed out.

Universal Entertainment slashes 2018 results forecast

Universal Entertainment has released a revised business results forecast for the calendar year 2018 which is sharply lower than what it had projected in May.

Philippine DOJ recommends charges against Kazuo Okada

The Philippine Department of Justice (DOJ) has recommended the filing of charges against Kazuo Okada for allegedly misappropriating over $3 million from the operator...

India reiterates gambling should be banned

India’s Union Minister of Law and Justice, Ravi Shankar Prasad, reiterated to the upper house of parliament that the Law Commission of India has recommended a complete ban on gambling.

Genting still interested in Macau, Lim says

Genting Bhd Chairman and CEO Lim Kok Thay said the operator would be interested in bidding for a license in Macau should the government open the market to further entrants during the concession renewal process, local media reports.

Tiger ordered to file amended Manila tender offer

Tiger Resorts & Leisure has been ordered to re-submit its tender offer to minority shareholders in Asiabest Group to disclose factual information about civil and criminal proceedings involving its directors in Hong Kong.

Foxwoods’ Slot Machine Revenue Falls for Six Consecutive Months

Foxwoods Resort Casino in Connecticut recorded an 8 percent year-on-year drop in revenue to $35.3 million in November, marking the sixth consecutive month of decline.

Takahashi confirms end of Hokkaido governorship

Harumi Takahashi has confirmed that she will be stepping down as governor of Hokkaido Prefecture next spring, a serious blow to prospects for a local IR bid.

Lim family ups stake in Genting

Genting Bhd’s majority shareholder, the Lim family, has increased its stake in the gaming to plantations company, buying a further 300,000 shares, according to a filing with Bursa Malaysia.

Delta files petition for Daman license

Delta Corp has filed a writ petition in the Bombay High Court calling on the government of the Union Territory of Daman to grant the company a license to operate a casino at its five-star property in the region.

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