GGRAsia – Japan

Japan

Okada firm says Universal Ent out to smear own founder

Aug 10, 2018 Newsdesk Japan, Latest News, Rest of Asia, Top of the deck

Casino equipment maker Aruze Gaming America Inc has accused Japanese gaming conglomerate Universal Entertainment Corp and some of the latter’s senior executives of trying to “destroy”...

IPO for Okada Manila’s promoter in 2019: Universal Ent

Aug 10, 2018 Newsdesk Japan, Latest News, Philippines, Top of the deck

Sales at the Okada Manila casino resort (pictured) in the Philippines rose 30.2 percent sequentially in the second quarter ending June 30, to JPY12.74 billion (US$114.9 million) compared to nearly...

Kazuo Okada confirms HK detention, graft buster probe

Aug 06, 2018 Newsdesk Japan, Latest News, Philippines, Top of the deck

Japanese gaming entrepreneur Kazuo Okada was “detained”, posted bond and surrendered his passport after attending an interview with Hong Kong’s anti-graft watchdog, the Independent Commission...

Konami slot division quarterly revenue down, profit up

Aug 01, 2018 Newsdesk Japan, Latest News, Top of the deck

Konami Corp’s gaming and systems division reported net revenue of approximately JPY6.4 billion (US$57.4 million) for the three months ended June 30, 2018, down 1.9 percent in comparison with the...

GEG launches Macau training scheme for Japan uni students

Jul 30, 2018 Newsdesk Japan, Latest News, Macau, Top of the deck

Macau-based casino operator Galaxy Entertainment Group Ltd – also known as GEG – announced on Monday a scheme to bring to Macau groups of Japanese university students, for them to learn more...

Global casino ops gearing up for Japan licence bidding

Jul 26, 2018 Newsdesk Japan, Latest News, Top of the deck

Several major global gaming operators have reaffirmed this week their respective interest in developing a casino resort in Japan, stating they were closely monitoring the latest developments...

Genting Singapore sets up five new subsidiaries in Japan

Jul 25, 2018 Newsdesk Japan, Latest News, Singapore, Top of the deck

Genting Singapore Ltd has set up an additional five new indirect wholly-owned subsidiaries in Japan. The company has previously declared itself a contender for a casino licence in that country. The...

GEN Singapore favoured for casino licence in Japan: Maybank

Jul 24, 2018 Newsdesk Japan, Latest News, Singapore, Top of the deck

Casino operator Genting Singapore Ltd is among the frontrunners for a licence to run a casino in Japan, according to brokerage Maybank Kim Eng. In a note published on Sunday, the Malaysian investment...

Japan casinos could bring lower returns than expected: MS

Jul 23, 2018 Newsdesk Japan, Latest News, Top of the deck

Investment bank Morgan Stanley says Japan’s legalised casino industry could offer “lower returns than many expected”. That is due to the potential negative impact on casino revenue of some...

Japan’s IR Bill passes into law, main work starts now

Jul 20, 2018 Newsdesk Japan, Latest News, Top of the deck

Japan’s Integrated Resorts (IR) Implementation Bill passed into law on Friday evening after a plenary session of the upper house of the country’s parliament. The passage of the second of two...