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South Korea economy returns to growth in Q3

South Korea's economy returned to growth in the third quarter, expanding by 1.9 percent, in the fastest expansion since the first quarter of 2010, according to figures released by the Bank of Korea.
Primorye celebrates casino development as NagaCorp construction stalls

Primorye celebrates casino development as NagaCorp construction stalls

Deputy Prime Minister of Primorye Konstantin Shestakov celebrated the results of casino development in the Russian Far East on Friday, even as he revealed that construction at the NagaCorp facility was suspended over the Covid-19 impact.

Universal Entertainment announces results of notes offering

Universal Entertainment has announced the results of its notes offering in respect to US$600 million in notes placed outside of Japan in December 2018. The...

Yokohama Chamber of Commerce reiterates its IR advocacy

The Yokohama Chamber of Commerce & Industry has reiterated its strong support for IR development in the city, even as Mayor Fumiko Hayashi stated that she would respect the results of a popular referendum that went against the initiative.

GKL operating losses to continue through end of year: Analyst

Kim Hyun-yong, a researcher at Hyundai Motor Securities, explained to the local media that there was little chance for Grand Korea Leisure, which depends on foreign patrons for its casinos, could reach the break-even point this year, and that operating losses will continue.

Pixel Companyz ties up with Alidad Tash’s 2NT8

Pixel Companyz and Alidad Tash’s 2NT8 have signed a business contract for Japanese IR development regarding market research and financing.

Yokohama anti-casino activists claim signature threshold for referendum

Activists opposing the construction of an IR at Yokohama claim to have gathered enough signatures from local residents to trigger a referendum on the issue.

Kangwon Land accused of favoritism in gaming machine procurement

Accusations have been aired in the National Assembly that certain companies are unfairly being given contracts to supply Kangwon Land casino equipment.
Akimoto heading for rearrest in bribery scandal

Does Japan IR process invite misfortune?

Every nation that hosts casinos or IRs develops their own set of regulations to govern the industry, but did Japan just happen to throw together a jumble of elements into the mix that has actively invited misfortune?

Galaxy reiterates commitment to Japan IR bid

Ted Chan, Galaxy Entertainment’s COO for Japan, has welcomed the shift in the national IR development timeline and reiterated his firm’s intention to make a bid.

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Crown’s Packer admits failures of compliance, shameful behavior

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