Japan

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

Radosav Milutinovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Taiwan, World Casino News, China, Gaming Industry News, Economy/Finance, Japan, Asian Casino News, Online Gambling News, Financial Press Releases
South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...

Osaka Resort Unlikely to Launch in 2029

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Japan, Online Gambling News, Mergers, Acquisitions & Partnerships
Osaka Governor Hirofumi Yoshimura said on July 18, 2023 that the integrated resort and casino facility on Yumeshima Island will be difficult to launch by 2029. The impatiently expected Osaka Resort, which will ...

MGM Osaka Casino Looking to Make $4 Billion in Revenues Upon the 2030 Launch

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Destinations, Casino expansion projects, World Casino News, China, New Hotels, Casino project updates, Gaming Industry News, Japan, Licenses, Online Gambling News, Asian Casino News, Macau, Labor Relations, Singapore
As Asian Gaming Brief (AGB) reports, the analysts of financial service company Morningstar estimate that the $10 billion Osaka resort operated by casino giant MGM has the potential to outperform Las Vegas Sands...

Osaka To Host Japan’s First Casino

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino proposals, World Casino News, Casino project updates, Gaming Industry News, Japan, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing
Today, Japan’s national government officially approved a plan to construct the country’s first integrated casino-resort in the western city of Osaka, allowing the 1.8 trillion yen, which is approximately $13.5 ...

Government To Validate Plans For Osaka’s First Integrated Casino-Resort

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino proposals, World Casino News, New Hotels, Casino openings, Casino project updates, Gaming Industry News, Japan, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing
As reported by the daily newspaper "The Japan Times," the government is projected to approve a plan by Osaka Prefecture and the city of Osaka to officially open Japan's first integrated casino-resort in 2029, g...

Universal Entertainment Reaches US$87 Million Profit in 2022 Driven by Phillipine Vertical Recovery

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Japan, Asian Casino News, Financial Press Releases, Philippines
Universal Entertainment Corp (UE), a leading Japanese casino corporation, achieved an US$86.5 million profit for the last year ending on 31 December 2022 after a loss amounting to US$144 million sustained in 20...

Travel restrictions ahead of Chinese New Year impact Chinese gambling destinations

Radosav Milutinovic
Casino News, Casino Destinations, Latest Casino and Gambling News, World Casino News, China, Casino reviews from Macau, Gaming Industry News, Hong Kong, Casinos of the Philippines, Japan, Asian Casino News, Macau, Online Gambling News, Malaysia, Philippines, Singapore, South Korea, Vietnam
Beijing states that various countries are ''taking discriminatory entry restriction measures targeting China” after the country saw a rapid decline in COVID-19 cases and opened up to foreign countries. Chinese ...

Positive forecast for MGM Resorts International’s planned Osaka casino resort

Adam Morgan
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Economy/Finance, Japan, Employment & Careers, Licenses, Mergers, Acquisitions & Partnerships
The $8 billion integrated casino resort MGM Resorts International is looking to bring to the Japanese city of Osaka could reportedly become the most profitable facility of its kind across the whole of Asia. ...