Tuesday, March 19, 2019

Japan

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...

Yen fall hits Kinbasha results

  Gaming revenues for Kinbasha Gaming International Inc. rose 0.3 percent in yen during the April-June quarter from a year ago but fell 18.3 percent...

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BetConstruct announces strategic partnership with SA Gaming

BetConstruct has signed a strategic partnership agreement with SA Gaming, allowing the company’s various slots and live casino solutions will be integrated into BetConstruct’s...

Osaka Metro looks to Yumeshima IR for future revenue growth

The newly-privatized Osaka Metro, which operates the local subway system, sees the development of non-railway income, especially from Yumeshima, as the key driver for future revenue growth.

Quezon City vice mayor gets behind Bloomberry proposed casino

Quezon City Vice Mayor Joy Belmonte has placed her support behind the Bloomberry’s proposed QC casino, by passing a gambling ordinance that will allow...

Frontier Capital says has funds to restart Casablanca casino

Australia-listed Frontier Capital Group said it has the funds to satisfy the Philippine Amusement and Gaming Corp. requirements to restart operations of the Casablanca...

Networking and socials at ASEAN 2019

ASEAN Gaming Summit 2019 will feature not one, but five post-conference networking events over the three-day show, held from 19-21 March 2019 at Conrad Manila, Philippines. Added to...