Friday, April 3, 2020

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...

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Australia casinos expected to join global closures this week: JPM

Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.

Tokyo goes under soft lockdown

Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District. The governor...