Location: Japan
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
Tokyo spot-checks uncover illegal activities at dozens of Japanese ‘amusement casinos’
Scores of Japanese “amusement casinos” are flaunting the nation’s anti-gambling laws, a police audit in Tokyo has found. The Japanese... more
IHG plans huge new Osaka hotel close to Universal Studios Japan
U.K.-based hospitality group IHG Hotels and Resorts plans to open a hotel complex in Osaka in 2029, aiming to draw in wealthy travelers and... more
Japan to launch second round of integrated resort applications in May 2027
The Japan Tourism Agency has announced its intention to accept applications from local governments for a six-month period, starting from 6... more
Sega Sammy striving to become a “comprehensive casino solutions provider” via ongoing expansion of gaming arm
Japanese gaming conglomerate Sega Sammy Holdings says it wants to become a “comprehensive casino solutions provider” in order to build a... more
