Sunday, July 21, 2019

Japan

Melco ready for push into Japan, Ho Says

Melco Crown Chief Executive Lawrence Ho says the company is fielding enquiries from major companies about partnering on potential projects in Japan, ahead of...

Casino heavyweights eye potential Japan sites, seek local partners

The world’s biggest casino companies, including Las Vegas Sands, MGM Resorts International, Caesars Entertainment, SJM Holdings and Melco Crown have all begun scouting for...

Tokyo court dismisses Okada’s defamation suit against Wynn Resorts

A Tokyo court has dismissed a defamation suit from Japanese billionaire Kazuo Okada that sought $114 million in damages from Wynn Resorts, Steve Wynn...

Jumbo year-end Takarakuji lottery jackpot set at 700 million yen

Japan’s Year-End Jumbo Lottery will pay out a record 700 million yen ($7.1 million) to the first prize winner if that person also purchased...

Softbank buys control of Finnish mobile game maker Supercell for $1.53 billion

SoftBank Corp is buying a 51 percent stake in Finnish mobile game maker Supercell for $1.53 billion. The company makes games such as “Clash...

Japan casino proposals include resorts in regional areas, inspectors

Japanese lawmakers have outlined legislation to legalize casinos that will limit the numbers initially, before gradually increasing the number of projects. It will also...

Japan’s draft gaming plan to shut out Yakuza via suitability checks

Japan’s draft plan to legalise gambling includes establishing an independent gaming regulator modelled on authorities that police casinos in Singapore and Las Vegas and...

Olympics opening for casinos in Japan not certain

Speaking at the G2E conference in Las Vegas last week, an advisor to the Japanese government said that an opening ahead of the Olympics...

Ho seeks expansion in Japan

Lawrence Ho would invest $5 billion in Japan if the company of which he is co-chairman, Melco Crown Entertainment Ltd., were granted a license...

Japan Olympics announcement good news for gaming

International casino operators cheered the announcement last week that Tokyo has been chosen to host the 2020 Summer Olympic Games, declaring it good news...

TRENDING ARTICLES

Meg-Star opens VIP poker room at Macau Roosevelt

Meg-Star has launched its watch-themed Poker VIP Club at the Macau Roosevelt, named “Poker Time”. The VIP poker room is said to be the...

New Zealand updates national strategy to tackle gambling harm

The New Zealand government has promised NZ$60 million (US$40.4 million) in funding over the next three years aimed at tackling problem gambling, particularly in...

Melco, MGM announce anniversary bonuses

MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.

70 percent of suspicious transactions came from casinos

A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial...

Cambodia casino growth a threat to Genting Malaysia

Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.  In a recent...