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Sega Sammy income down 51.8% in April-December 2020

Sega Sammy Holdings has released its financial results for the April-December 2020 nine month period, showing a 51.8 percent fall in operating income on a year-on-year basis.

Five consortiums bid for Nagasaki IR

The Nagasaki Prefectural Government has confirmed that five consortiums are in the race to become their partners in a licensing bid. The five have been named as Casinos Austria Japan, Current Group, Niki Chau Fwu (Parkview), One Kyushu (TTL Resorts), and the Oshidori consortium.

One operator already passes Yokohama IR qualification

The municipal government of Yokohama has announced that one IR operator has already passed its qualification screening, though the name of the company was not disclosed.

Osaka reopens IR process to allow challengers to MGM

The government of Osaka has decided to reopen its IR bidding process to allow the possibility of challengers to the MGM-Orix consortium which has hitherto been the only accepted applicant for the Yumeshima site.

Universal mulls U.S. listing for Okada Manila holding co.

Universal Entertainment said it's considering a listing on either the New York Stock Exchange, or Nasdaq, for the holding company of its Philippines integrated resort business, which operates Okada Manila.

Osaka gives up on timeline for full IR opening

The Osaka government has given up on specifying in its official documents when the prospective Yumeshima IR would actually have its full opening. The target date has had to be revised backward several times, and at this point the authorities feel that it is better not to be specific.

Oshidori becomes partner with Nagasaki soccer team

As part of its campaign to form a partnership with the prefectural government for IR development, Oshidori holdings has formed an official partnership agreement with V-Varen Nagasaki, a Japanese J2 League football club.

Yokohama begins online IR briefing sessions

With its original plans to hold IR briefing sessions for the public at various venues around the city stymied by the coronavirus pandemic, the municipal administration has now begun to hold these sessions online.

Okura Holdings expects to return to a small profit for H2, 2020

Okura Holdings said it expects to have returned to a profit in the second half of 2020 of no more than Y40 million ($379,328) due to the resumption of traffic at its pachinko parlours. This is down some 88 percent to pre-Covid levels. 

Konami gaming segment revenue down 48.8% in nine-month period

Konami Holdings has reported a steep decline in its gaming segment revenue in the April-December 2020 period to JPY11.75 billion (US$112 million), down 48.8 percent on a year-on-year basis.

All set for the FBM slots expansion campaign in Asia

FBM has been developing its slots offer over the last three years, with operations established in Europe and North America.
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

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Paradise Co. records deteriorating sales figures in November

Paradise January sales reverse improving trend, drop 36.2%

Paradise Co. reported its casino sales in January declined 36.2 percent from the prior month, after seeing strong improvement in December.

Wynn Resorts to raise funds through 5.5 million stock issue

Wynn Resorts said it was raising fund for general corporate purposes through the sale to the public of 5.5 million shares, with an option for underwriters for an additional 825,000 stocks. It didn't give the offer price, but Wynn's stock is currently trading at $116.99.
Macau tourists

March GGR seen down mid-60%, HK reopening in Q2: Bernstein

ross gambling revenue in March is expected to be down in the low to mid-sixties percent from the same month last year, though visitation is expected to improve in Spring and travel with Hong Kong may resume from Q2, Bernstein Research said in a note.

IGT/SG ink cross licensing deal for cashless gaming

International Game Technology and Scientific Games Corporation have signed a cross-licensing agreement for patents related to cashless slot gaming technologies.

Entain ups offer for Enlabs to SEK53, says bid is final

U.K-based Entain said it has upped its offer to buy Enlabs to SEK53 a share from SEK40 and that the bid is final and won't be improved.