Tagged sega sammy holdings incorporated

Visitors flock to recently-opened Paradise City

July 31, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, South Korea

In South Korea, the operator behind the recently-opened Paradise City integrated casino resort has reportedly announced that the $1.7 billion development welcomed an average of 3,100 daily visitors during i...

Paradise City Incheon set to welcome APT Korea 2017 in August

Adam Morgan

June 5, 2017

Latest Casino and Gambling News, Poker Tournaments, South Korea

A little over six weeks after opening and the Paradise City Incheon integrated casino resort in South Korea has already managed to snag its first major land-based poker tournament series after announcing that t...

Sega Sammy Holdings Incorporated joins list of those wanting Japanese casino

Adam Morgan

May 12, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Japan

Japanese pachinko innovator Sega Sammy Holdings Incorporated has reportedly announced that it is hoping to acquire a majority stake in one of its nation’s planned integrated casino resorts. According to a re...

Mohegan Tribal Gaming Authority signs Inspire Integrated Resort deal

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Casino proposals, Mergers, Acquisitions & Partnerships, South Korea

American tribal casino operator the Mohegan Tribal Gaming Authority has reportedly “executed important agreements” with Incheon International Airport Corporation regarding its plan to build a $5 billion integra...

Lippo Limited officially offloads entire stake in South Korean casino project

Adam Morgan

March 14, 2017

Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, South Korea

After announcing a year ago that it intended to withdraw from a joint venture that was hoping to bring a casino to the South Korean city of Incheon, real estate developer Lippo Limited has now fully exited the ...

Sega Sammy announces opening date for Paradise City

Lars Jones

March 10, 2017

Latest Casino and Gambling News, World Casino News, Casino openings, Casino expansion projects, New Hotels, Casino project updates, South Korea

Paradise SegaSammy Co., Ltd. investor, Sega Sammy Holdings Inc., a pachinko operator based in Tokyo, today announced that Phase I of their long-awaited integrated resort, known as Paradise City, would open in I...

Mixed results for South Korean casino operator

Adam Morgan

March 7, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has released its financial results for February showing that gaming revenues from its five foreigner-only venues had increased by 13.5% year-on-year to reac...

Paradise City predicted to temporarily hurt South Korean operator’s bottom line

Adam Morgan

March 1, 2017

Latest Casino and Gambling News, Casino News, Economy/Finance, South Korea

In South Korea, a leading local brokerage has reportedly explained that it expects the opening of the first phase of the Paradise City integrated casino resort later this year to negatively impact the profits o...

House Of Councillors committee passes Japanese casino legislation

Adam Morgan

December 13, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Japan

In Japan, proposed legislation that would legalize casino gambling has passed through an influential House Of Councillors committee and is now expected to be put forward for a full vote by the upper house of th...

New joint venture planned for Caesar’s Casino Incheon development

Adam Morgan

December 6, 2016

Latest Casino and Gambling News, Casino proposals, Mergers, Acquisitions & Partnerships, South Korea

A subsidiary of American casino operator Caesars Entertainment Corporation has reportedly reached a deal to create a new joint venture that intends to take over control of the $739 million plan to construct and...

Mohegan Tribal Gaming Authority details South Korea casino investment

Adam Morgan

December 2, 2016

Latest Casino and Gambling News, Casino proposals, Economy/Finance, South Korea

The Mohegan Tribal Gaming Authority has announced that it anticipates earning fee incomes of around $750 million as a result of its involvement in the proposed Inspire Integrated Resort being planned for South ...

Lippo Limited still in LOCZ Korea Corporation disposal talks

Adam Morgan

November 30, 2016

Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, South Korea

Hong Kong-listed real estate developer Lippo Limited has announced that it is still engaged in talks with Caesars Entertainment Corporation regarding the disposal of its interests in a joint venture that wants ...

Paradise City pre-opening costs hit South Korean operator’s bottom line

Adam Morgan

November 9, 2016

Latest Casino and Gambling News, Economy/Finance, South Korea

A day after Grand Korea Leisure Company Limited reported improved third-quarter financial results and the picture is not as good for fellow South Korean casino operator Paradise Company Limited after it reporte...

Table games performance helps South Korean casino operator’s bottom line

Adam Morgan

September 6, 2016

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in total casino sales to $52.6 million helped by the performance of tabl...