Tuesday, April 23, 2019

Japan

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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Genting Malaysia sells stake in UK casino

Casino operator Genting Malaysia on Friday announced it has disposed of its entire equity stake in one of its casinos located in Kensington, London. The...

Genting “cautiously optimistic” about Japan IR bid

Genting Singapore has made a rare statement about its intentions in Japan in its recently issued Annual Report 2018. Executive Chairman Tan Sri Lim Kok...

SkyCity moves Darwin exec back to Adelaide

SkyCity Entertainment said it’s moving David Christian back to head the company’s Adelaide operation after the recent sale of its Darwin casino. Christian previously held...

Starlight temporarily suspends trading on HKEX

Starlight Culture Entertainment Group, previously known as Jimei International Entertainment, has suspended the trading of its shares on the Hong Kong Stock Exchange. According to...

Melco board grants Ho $9.99m in shares

Melco Resorts & Entertainment said its board had agreed to grant restricted shares amounting to about 0.09 percent of the group’s share capital to...