Saturday, May 25, 2019

Japan

Dynam extends pachinko MOU with Macau Legend

Dynam Japan Holding has extended a memorandum of understanding on a possible venture with Macau Legend for a further six months. The companies first said...

Japanese rail company wants in on casinos

Local railway operating company Keikyu Corporation is the latest in a string of companies who have expressed interest in getting involved in the casino...

Five percent of Japanese thought to have gambling problem

About 5 million Japanese, or 5 percent of the adult population, may be addicted to gambling, according to a study released by the Health,...

MGM eyes Tokyo fish market for potential casino site

MGM Resorts International has scouted Tokyo’s Tsukiji fish market as a potential site for a casino should it win a license, Bloomberg reported, citing...

USJ hopes Harry Potter magic will woo casino partners in Japan

USJ Co. is counting on its cachet of turning around a failing Universal Studios theme park in Japan to win a partnership with a...

Universal Entertainment back on black

Universal Entertainment Corporation, posted net sales of $168 million (17,1 billion yen) representing a 201.7 percent increase year on year for the first quarter...

Dynam wants in on the casino business, threads carefully

Pachinko management company Dynam Japan Holdings Ltd. is looking to participate in the casino business when Japan liberalizes the industry, but wont compete with...

Konami Gaming registers strong Q2 growth in pachinko, mobile

Konami announced consolidated net revenues and operating income for the first quarter ended June 30, 2014 were ¥48,606 million (106.6 percent YoY) and ¥3,191...

MCE eyes Osaka license, woos governor

Melco Crown Entertainment is eyeing a casino license in the Japanese city of Osaka and officials have met with governor Ichiro Matsui to discuss...

Dynam quarterly revenue drops 4.8 percent

Japan’s Dynam Holdings said revenue in the three months to end June fell 4.8 percent to 38.17 billion yen ($375 million), hurt by a...

TRENDING ARTICLES

Note offer still allows MGM room for funding: Fitch

MGM China Holdings says it’s raising $1.25 billion through a private placement of senior notes to help repay outstanding funds under its credit facility.

Hoiana center of Suncity expansion plans in Southeast Asia

A representative of SunCity Group says that its Hoiana IR project forms the center of the group’s expansion plans for Southeast Asia, according to...

Bright future seen for gaming growth

Despite short-term headwinds from China’s slowing economy and trade friction with the U.S., analysts remain optimistic Macau will retain its crown as Asia’s top gaming hub.

DICJ boss skips G2E Asia due to illegal gambling concerns

The head of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, who was scheduled to deliver a keynote speech at G2E Asia yesterday,...

India tax officials question fantasy sports GST best practice

India’s tax authorities are currently working out how to best tax online fantasy gaming businesses, after launching an inquiry into how GST is calculated,...