Saturday, May 25, 2019

Japan

Sega Sammy interim revenue boosted by pachinko business

Sega Sammy said revenue in the six months through September gained  51 percent to 162.2 billion yen ($1.64 billion), boosted by a 31 percent...

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...

TRENDING ARTICLES

Sands China invests in green technology for its properties and fleets

Macau gaming operator Sands China is investing in a number of initiatives to reduce its impact on the environment, such as solar panels, recycling...

PAGCOR Q1 profit up 9.5 percent

Philippine Amusement and Gaming Corp (PAGCOR) saw its profit climb 9.5 percent to P1.6 billion (US$30 million) during the first quarter of 2019, mainly...

Kansai IR Expo reveals rapid growth of the gaming industry

The scale of the Kansai IR Industrial Expo held in Osaka on May 15 and 16 testified to the rapid rate of growth of the gaming industry in Japan as it was clearly much larger than its predecessor event held a year ago in the same city.

Parañaque court affirms Okada warrant of arrest

A Parañaque City trial court has affirmed the warrant of arrest issued earlier this year against Japanese gaming mogul Kazuo Okada, local media reports. Okada’s...

Summit Ascent announces board changes after Suncity hikes stake

Summit Ascent Holdings has announced board room changes after Suncity Group Holdings increased its stake in the operator of Tigre de Cristal earlier this month.