Osaka IR Corporation, the joint venture between MGM Resorts International and local partner ORIX Corporation, has officially signed with Osaka Prefecture and Osaka City the Implementation Agreement for development of an integrated…
Category: News
Tokyo police arrest two men linked to payment processing firm for assisting online gambling
Japan appears to be stepping up efforts to crack down on online gambling after two men were arrested for “assisting habitual gambling” via their work with a payment systems company. Tokyo media…
Sale of LET Group’s Hokkaido land falls through
Hong Kong-listed LET Group, formerly known as Suncity Group, revealed Wednesday that an agreement to sell 220,000 square meters of land in Hokkaido, Japan, has fallen through after the buyer failed to…
Konami’s Gaming & Systems segment enjoys 12% revenue increase in six months through September
Japanese gaming firm Konami has recorded a 3.7% year-on-year increase in revenue to JPY153.9 billion (US$1.03 billion) and 35.2% increase in profit attributable to owners of the parent to JPY26.8 billion (US$179…
UEC’s group-wide sales up 39% to US$297 million in Q3, aided by market share gain at Okada Manila Newsdesk by Newsdesk Wed 15 Nov 2023 at 16:54
Japan’s Universal Entertainment Corp (UEC) reported a 38.7% year-on-year increase in net sales to JPY44.8 billion (US$297.5 million) in the three months to 30 September 2023, aided by strong growth in its…
Dynam Japan sees revenue, profit increase in 1H24 on recovery of pachinko business
Leading Japanese pachinko hall operator Dynam Japan Holdings reported 57.8% increase in net profit attributable to the parent to HK$98 million (US$12.6 million) in the six months to 30 September 2023, aided…
Land preparatory work begins at site of MGM’s Osaka integrated resort
Land preparatory work is now underway on the site of MGM Resorts’ integrated resort development on Yumeshima Island, Osaka, the prefectural and municipal governments have announced. According to a report by The…
World’s most comprehensive Harry Potter exhibition opens at The Londoner Macao
The 30,000-square-foot Harry Potter Exhibit at The Londoner Macao officially opened on Thursday, marking the first Asia-Pacific exhibition of Harry Potter and the most comprehensive Harry Potter exhibit globally. The Harry Potter…
NagaCorp says passing of founder won’t affect recent shareholders loans and agreements
Hong Kong-listed NagaCorp said Tuesday that it does not expect the passing of its founder, controlling shareholder and Group CEO, Dr Chen Lip Keong, late last week to impact recent loans and…
Mohegan confident Korean resort Inspire will be cash flow positive by end-2024
Executives of US tribal casino operator Mohegan Gaming said Thursday they remain confident that the company’s recently opened Mohegan Inspire integrated resort in Incheon, South Korea will become cash flow positive before…