Tagged south korea

Welcome recovery for Sega Sammy Holdings Incorporated

May 17, 2022

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

In Japan and gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the twelve months to the end of March showing that its net sales had increased by 15.6% year-o...

Primorsky Krai extends casino tax relief measures as sanctions begin to bite

Adam Morgan

April 21, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Russia

As international sanctions begin to bite and the government for the Russian territory of Primorsky Krai has reportedly passed legislation to extend a range of tax relief measure for local casino operators by a ...

South Korean firm investing in Russia’s far eastern casino zone

Adam Morgan

March 22, 2022

Latest Casino and Gambling News, Casino proposals, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

In Russia and the state-owned Primorsky Krai Development Corporation has reportedly signed a deal that is to see South Korean enterprise Plgen Holdings Company Limited bring a $23.9 million casino resort to the...

New-look Hann Casino Resort soft launches in the Philippines

Adam Morgan

December 15, 2021

Latest Casino and Gambling News, Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and Hann Philippines Incorporated has reportedly announced that it has officially soft-launched the $238.3 million first-stage redevelopment of its Widus Hotel and Casino following over three...

DraftKings Incorporated being sued by ColossusBets Limited

Adam Morgan

December 2, 2021

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Technology, Economy/Finance, Online Gambling News, Sports betting, Fantasy Sports, Fines, Lawsuits & Litigation

American online sportsbetting and daily fantasy sports operator DraftKings Incorporated has reportedly been hit with a federal lawsuit filed by British counterpart ColossusBets Limited concerning patent infring...

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Adam Morgan

November 23, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Hong Kong, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

The Chairman for International Entertainment Corporation, Stanley Choi Chiu Fai (pictured), has reportedly just pocketed approximately $3.38 million by selling a 4.8% stake in the hotel and leisure operator to ...

Sega Sammy Holdings Incorporated may start looking to iGaming

Adam Morgan

November 16, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships

After losing out on the race to bring an integrated casino resort to its home nation and Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly announced that it may now start investigatin...

Sega Sammy Holdings Incorporated hails second-quarter improvement

Adam Morgan

August 9, 2021

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the three months to the end of June showing that its net profit improved by over 189% year-on-year...

COVID-19 continues to affect Grand Korea Leisure as low monthly revenues figures recorded in July

Sadonna Price

August 4, 2021

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

The continued surges in positive COVID-19 cases have caused casinos in Asia to record monthly losses. In several areas of the country, case counts are rising, and restrictions are coming back into play, negativ...

Mohegan Gaming and Entertainment entering the American iGaming scene

Adam Morgan

July 1, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, U.S.A., Gaming Industry News, Economy/Finance, Connecticut, Online Gambling News, Sports betting

The casino-operating Mohegan Gaming and Entertainment enterprise of the federally-recognized Mohegan Tribe is set to enter the embryonic iGaming market of the United States via the launch of its new Mohegan Dig...

Sega Sammy Holdings Incorporated changes Japanese casino bid stance

Adam Morgan

May 24, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly announced that it now intends to be a minority player in any campaign to win one of its home nation’s trio of integrated casino resor...

Sega Sammy Holdings Incorporated records disappointing annual financials

Adam Morgan

May 14, 2021

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the twelve months to the end of March showing that its net profit had declined by 90.7% year-on-ye...

South Korea’s Kangwon Land Casino hit hard by COVID-19-related closures; reports US250 million loss in 2020

K Morrison

February 16, 2021

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

Feeling the sting from the impact of multiple COVID-19 related closures, Kangwon Land, South Korea's only casino where locals are permitted to gamble alongside foreign tourists, has reportedly recorded a KRW275...

Suncity Group experiencing slow post-coronavirus recovery

Adam Morgan

January 12, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Casino project updates, Economy/Finance, Macau

The Macau business unit of Asian junket operator Suncity Group is reportedly still slowly recovering from last year’s coronavirus-related disruption with its overall rolling VIP chip volumes currently standing ...

Suncity Group Holdings Limited unveils Hoiana second phase schedule

Adam Morgan

January 6, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Philippines, Russia, Vietnam

Asian junket operator Suncity Group Holdings Limited has reportedly announced that it intends to begin construction on the second phase of its $4 billion Hoiana integrated casino resort from sometime later this...