GGRAsia – Japan

JCM eyes US$276mln annual sales three years from now

Jun 06, 2023 Newsdesk Japan, Latest News, Top of the deck

Japan Cash Machine Co Ltd, also known as JCM Global, says it is targeting net sales of JPY38.50 billion (US$275.9 million) in the fiscal year ending March 2026, as part of the group’s medium-term...

Summit to pay US$36mln for Okinawa land for a luxury hotel

May 19, 2023 Newsdesk Japan, Latest News, Top of the deck

Hong Kong-listed Summit Ascent Holdings Ltd, an investor in the Tigre de Cristal casino resort, near the Russian Pacific port of Vladivostok, says it will pay an aggregate of HKD280.0 million...

Nagasaki no news yet on central govt timing of IR decision

May 17, 2023 Newsdesk Japan, Latest News, Top of the deck

The authorities in Japan’s Nagasaki prefecture have told GGRAsia they have no information yet on the timing of the national government’s decision regarding their application to host an...

JCM annual gaming sales up 45pct, profit soars

May 12, 2023 Newsdesk Industry Talk, Japan, Latest News

Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of nearly JPY3.15 billion (US$23.4 million) in the 12 months to March 31. Such profit was up 419.7 percent year-on-year, the...

IR implementation draft by Sept says Osaka governor

May 11, 2023 Newsdesk Japan, Latest News, Top of the deck

The governor of Japan’s Osaka prefecture says the local authorities and their planned development partners for a casino resort scheme (pictured in an artist’s rendering) will have ready...

Thai parliament adviser on casinos attending G2E Singapore

May 04, 2023 Newsdesk G2E Asia 2023: Singapore, Japan, Latest News, Rest of Asia, Singapore, Top of the deck

An adviser to a Thailand parliamentary committee mulling the legalisation of casino business in that country is to be a panellist on the first day of industry conference and trade show Global Gaming...

Osaka seeks clarification as MGM CEO says IR maybe 2030

May 03, 2023 Newsdesk Japan, Latest News, Top of the deck

The authorities in Japan’s Osaka prefecture and city say they are waiting for clarification from partners MGM Resorts International and Orix Corp regarding the opening date for a integrated resort...

MGM Osaka to open 1H2030, break ground maybe still 2023

May 02, 2023 Newsdesk Japan, Latest News, Macau, Top of the deck

U.S.-based casino operator MGM Resorts International says it should only be able to open its integrated resort (IR) in Osaka – Japan’s first and, so far, only approved casino property – in the...

LET Group to sell Hokkaido land for US$27mln

May 02, 2023 Newsdesk Japan, Latest News, Top of the deck

Hong Kong-listed LET Group Holdings Ltd, an investor in a number of Asia-Pacific region casino projects, says one of its units has agreed to sell a plot of land in Hokkaido, Japan, for a total...

Osaka got 66pct score for casino district plan, confirms govt

Apr 17, 2023 Newsdesk Japan, Latest News, Top of the deck

Osaka’s casino development plan got just under 66 percent of the available points – slightly above the necessary threshold – under a scoring examination coordinated by the Japan Tourism Agency...