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Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.
A general meeting of the Wakayama IR Promotion Council held last weekend passed a resolution urging the prefectural government to make its decision on an IR operator partner as soon as possible.
Mohegan Gaming and Entertainment's planned outdoor theme park at its integrated resort in South Korea may face long delays and plans are being revised, local media reports.
Japan’s Keirin (bicycle racing) has not been left behind in the nation’s recent online wagering boom. While revenues have been advancing slowly in recent years, in 2020 overall ticket sales jumped to just under JPY750 billion (US$6.9 billion), a 13.6% year-on-year increase.
The authorities in Osaka are concerned that they have lost leverage in negotiations with the MGM-Orix IR consortium, and that poor business conditions will force a significant scaling back of ambitions, according to the reporting of the Nihon Keizai Shinbun.
Paradise Co, an operator of foreigner-only casinos in South Korea, reported its monthly sales for April, which continue to show a choppy recovery falling 34 percent from the prior month.