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Elaine Wynn Attempts to Stop Re-Election of Legacy Directors
In her latest attempt to ‘freshen up’ the Wynn Resorts board, co-founder and majority shareholder Elaine Wynn is seeking support from shareholders to stop the re-election of one of its long-standing directors, John J. Hagenbuch.
Kangwon Land Profit Falls 30 Percent in 2018Q1
Kangwon Land, South Korea’s only casino that allows Korean nationals to enter, reported a 30.3 percent decrease in profit for the first quarter of 2018.
Dynam Sees Rising Profits in FY2017
Japan -
Pachinko hall operator Dynam reported a 13.3 percent increase in its profits before tax as compared to the previous year.
Maruhan Suffers 7.6% Revenue Decline in FY2017
Japan -
Maruhan, operator of the second-largest number of pachinko halls and number one in terms of sales, suffered a 7.6% decline in overall revenues in FY2017, extending a decline that has continued for several years.
IR Bill Expected to Pass House of Representatives on June 14
Japan -
According to Japanese media reports, the ruling party intends to pass the IR Implementation Bill thorough the Cabinet Committee on June 13 and through a plenary session of the House of Representatives on the following day, June 14.