Monday, October 19, 2020

Japan

MGM also eyes $10b Japan investment, may seek local partners

MGM Resorts also said it’s ready to spend between $5 billion to $10 billion in Japan, according to Chief Executive James Murren. MGM Resorts...

Las Vegas Sands prepared to spend $10b in Japan

Las Vegas Sands Chairman and Chief Executive Sheldon Adelson said the company is prepared to invest up to $10 billion in Japan as the...

Fitch sees $7b gaming revenue in Japan

Ratings agency Fitch says it expects Japan to generate about $7 billion in gross gaming revenues, based on two integrated resorts with 500 table...

Fields Corp. nine-month sales gain 13.5 percent on new titles

Fields Corp says net sales rose 13.5 percent to 54.20 billion yen ($529 million) in the nine months ending December 31st, boosted by new...

Osaka Governor talks to casino giants on licenses

Caesars Entertainment Corp, Genting Singapore Plc and MGM Resorts International are all talking to the Osaka government on plans for a 500 billion yen...

Dynam Holdings says 9-month revenue edges higher

Dynam Holdings says revenue in the nine months ending December 31st inched up 1.4 percent to 123.29 billion yen ($1.19 billion).  The pachinko parlour operator...

Dynam buys Macau Legend stake to learn about casino industry

Dynam Japan Holdings, which has invested an additional $50 million in shares of Macau Legend Development, said the investment will be beneficial to its...

MGM CEO says Japan next big bet, company laying groundwork

MGM Resorts CEO Jim Murren called Japan the next big bet in Asia in an interview with CNBC television. “Japan will be bigger than...

Melco pledges $10 million to cultural projects in Japan

Melco Crown Entertainment says it’s pledging $10 million to cultural projects in Japan through Tokyo’s University of the Arts. The projects include research on...

Clarion to host first Japan Gaming Congress in May

Clarion Events said the first Japan Gaming Congress is scheduled to be held in Tokyo on the 14th/15th/16th May 2014 and will feature keynote...

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Bloomberry seen breaking even at EBITDA level in Q4

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Bloomberry Resorts is expected to break even on an EBITDA level by Q4 due to cost cuts and support from the local market, according to analyst Michael Ting, who publishes on Smartkarma.

Covid survey bodes ill for Golden Week

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Andhra Pradesh considers legalization of offshore casinos

Andhra Pradesh considers legalization of offshore casinos

The state government of Andhra Pradesh, which last month moved to ban all online gambling, is now said to be considering the legalization of...

China racing gets government backing

Racing in China has received government backing following the unveiling of a five-year blueprint for the country’s equine sector in which the promotion of the sport and a related lottery form a key part of the strategy.