Location: Japan
Konami’s Gaming & Systems segment books US$5 million in quarterly profit on 65% revenue growth
Japanese supplier Konami Corp reported a 64.9% year-on-year increase in revenue from its Gaming & Systems segment to JPY12.4 billion... more
CEO Kenneth Feng says MGM China’s reinvestment “package” philosophy aimed at optimizing casino yield
MGM China has described its Macau promotional and reinvestment strategy as a “package” approach aimed at optimizing the yield of every... more
Konami Gaming becomes first to submit manufacturer license application for emerging Japan IR market
Konami Group Corporation’s gaming and systems group arm Konami Gaming, Inc said overnight it has become the first manufacturer to submit... more
MGM’s US$10 billion Japan integrated resort could add US$31 per share in value upon opening in 2030
MGM Resorts International’s Japan integrated resort project could add US$31 per share to the company’s value upon opening in 2030,... more
Seaport: MGM Resorts could divest interest in MGM China and MGM Osaka if People Inc’s takeover bid proves successful
MGM Resorts International could divest its 56% stake in MGM China and 40% interest in the MGM Osaka development in Japan under the... more
Okada Manila parent UEC says competition between Manila gaming operators now more intense as IR revenue, profit declines in first quarter
In a mirror reflection of the heightened competition across the Macau gaming market in recent years, Japan’s Universal Entertainment Corp... more
Konami reports 50% slide in fiscal year profit for Gaming & Systems segment
Konami reported Friday a 50.4% decline in profit to JPY3.65 billion (US$23.3 million) in its Gaming & Systems segment in the year ended... more
MGM Resorts enters voting agreement with Barry Diller’s IAC, guarantees board seats
Global casino giant MGM Resorts International has entered into a voting agreement with its largest shareholder – Barry Diller and his... more
Paradise Co’s casino revenues plummet almost 40% year-on-year to US$33 million in March
South Korea’s Paradise Co saw its casino revenue sales plummet in March, down 39.6% year-on-year and 44.0% month-on-month to KRW49.5... more
Japan IR bids face cost and site hurdles in 2027, analyst says
Japan’s exceedingly high development and operational costs, ongoing concerns over the feasibility of potential IR sites in Hokkaido and... more
