Tuesday, February 19, 2019

Former Kangwon CEO to serve three years prison

The former head of state-run casino operator Kangwon Land has been sentenced to three years prison for conducting illicit hiring practices between 2011-2014, local...

Arrest warrant issued for Kazuo Okada

A court in Parañaque, the Philippines, has issued an arrest warrant for Universal Entertainment founder Kazuo Okada in connection with charges that he embezzled...

Caesars enters into agreement to delay CEO resignation

U.S. casino operator Caesars Entertainment has entered into an agreement with outgoing CEO Mark Frissora to delay his resignation date to April 30, 2019....

Donaco’s Lim to take three-month hiatus

Australia-listed Donaco International on Thursday announced that its chief executive, Mr. Joey Lim will be taking a three-month hiatus to “deal with health and...

Former Wynn shareholder files lawsuit

Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock. According...

Okada was ousted on suspicion, not evidence, says son

Tomohiro Okada, the son of casino mogul Kazuo Okada, has admitted that he had played a part in the removal of his father from...

PH senator wants a revision of gaming laws

Philippines Senator Leila de Lima has urged the Senate to look into and possibly revise laws governing the online and land-based gaming industry in...

Pro-IR governor wins in Wakayama

Yoshinobu Nisaka defeated his anti-casino opponent Masayoshi Hatanaka to win a fourth term as Governor of Wakayama Prefecture, thus clearing the political path for...

Crown share plunge hurts Packers’ wallet

Crown Resorts’ 20 percent share plunge has cut more than A$824 million (US$603.1 million) in wealth from investor and casino mogul, James Packer, local...

Nagoya mayor moving toward formal declaration of IR bid intentions

Undeterred by the opposition of the prefectural governor, Nagoya Mayor Takashi Kawamura indicated at a press conference on Monday that he was moving toward...

TRENDING ARTICLES

Hokkaido wraps up IR Experts’ Committee

The Hokkaido IR Experts’ Committee held its fourth and final meeting on Monday, producing no surprises but once again declaring that Tomakomai city should...

Emperor International further increases stake in its hotel-casino

Emperor International Holdings announced that its subsidiary, Emperor Entertainment Hotel Investment, has acquired an additional 5 percent stake in Luck United, the company which...

Wynn full-year results boosted by Palace earnings

Wynn Palace has continued to drive revenue growth for Wynn Resorts. with strong casino revenue growth in 18Q4 helping to boost its full-year results....

Pachinko business drags Sega Sammy down

Hit hard by falling sales in the pachinko machine business, Sega Sammy Holdings recorded a 4.0 percent year-on-year decrease in net sales the April-December...

MGM installs Sega Sammy’s Baccarat Maximum Fortune

Sega Sammy Creation says it had successfully installed its Baccarat Maximum Fortune gaming machine at MGM Macau on Jan. 23. “BACCARAT MAXIMUM FORTUNE” is...