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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
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
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
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.
