GGRAsia – Japan

Five groups qualify for next phase of Nagasaki casino tilt

Mar 02, 2021 Newsdesk Japan, Latest News, Top of the deck

Five commercial groups that previously answered Nagasaki’s request-for-proposal (RFP) seeking a private-sector partner for that Japanese prefecture’s tilt at a casino resort, have all...

Melco’s Lawrence Ho hopeful on Macau recovery in March

Feb 26, 2021 Newsdesk Japan, Latest News, Macau, Top of the deck

Lawrence Ho Yau Lung, chairman and chief executive of casino operator Melco Resorts and Entertainment Ltd, says Macau’s casino sector could start showing recovery signs in “mid-to-late...

Outlook solid on mulled Okada Manila Spac IPO: analysis

Feb 19, 2021 Newsdesk Japan, Latest News, Philippines, Top of the deck

Universal Entertainment Corp’s idea for a stock-market listing in the United States of its Philippine casino resort, Okada Manila, via a special-purpose acquisition company (Spac), could be an...

Osaka open in March to new participants for local IR effort

Feb 17, 2021 Newsdesk Japan, Latest News, Top of the deck

The Japanese metropolis of Osaka is willing to receive in March, any new applications from private-sector interests seeking to partner Osaka in its tilt at hosting a casino resort scheme. The news...

China travel advisories likely short lived: MGM China COO

Feb 11, 2021 Newsdesk Japan, Latest News, Macau, Top of the deck

There was “reason to be optimistic” about the first-quarter outlook for the Macau gaming market, said on Wednesday Hubert Wang, president and chief operating officer (COO) of MGM China Holdings...

Konami gaming segment posts loss for Apr-Dec period

Feb 04, 2021 Newsdesk Japan, Latest News, Top of the deck, World

Konami Holdings Corp reported on Thursday a segmental loss for its gaming and systems division – including casino equipment – in the nine months to December 31. Such loss was nearly JPY1.49...

Wynn restates Japan interest, despite not chasing Yokohama

Feb 04, 2021 Newsdesk Japan, Latest News, Macau, Top of the deck, World

Casino operator Wynn Resorts Ltd has reiterated it is still interested in pursuing a casino licence in Japan, despite having no plans to take part in Yokohama’s fresh request-for-proposal (RFP)...

Moody’s upgrades Mohegan Tribal Gaming corporate rating

Feb 02, 2021 Newsdesk Japan, Latest News, Rest of Asia, Top of the deck, World

The Mohegan Tribal Gaming Authority has had its corporate family rating for debt raised to ‘Caa1’ with a ‘stable’ outlook, from ‘Caa2’, by Moody’s Investors Service Inc. The Mohegan...

Yokohama budgets US$3.4mln in 2021 for casino tilt

Feb 01, 2021 Newsdesk Japan, Latest News, Top of the deck

Japan’s Yokohama (pictured) announced on Friday its city-council draft budget for financial-year 2021, including JPY360 million (US$3.4 million) for work related to the city’s effort at getting a...

Five groups submit qualifications for Nagasaki casino RFP

Jan 29, 2021 Newsdesk Japan, Latest News, Top of the deck

“Five groups” have submitted documents in moves to qualify for the request-for-proposal (RFP) phase of Nagasaki prefecture’s effort at getting a casino resort. That is according to a Friday...