Lisboa Palace Opening Delayed Again as SJM Gaming Revenue Falls

SJM Holdings is being buffeted by bad news as it has once again pushed back the completion date of its Grand Lisboa Palace resort at Cotai and reported a small decline in gaming revenue in the January-June 2019 period.

Hokkaido Prefectural Assembly Might Block IR Bid

Although widely considered one of the most likely prefectures to win an IR bid, a survey conducted by the Hokkaido Shinbun reveals that the Hokkaido Prefectural Assembly might, in fact, block the establishment of an IR within its jurisdiction, potentially bringing to naught the bids of Tomakomai city and Rusutsu village.

Yumeshima Officially Designated for Commercial Use

In another measure to clear up regulatory issues for the anticipated IR bid, the Osaka City Urban Planning Council has agreed by majority vote to change the zoning designation of about 143 hectares of Yumeshima island to a “commercial zone” from its current status as an “industrial zone” or “semi-industrial zone.”

Nagoya Mayor Announces IR Study Amid Cloudy Prospects

Despite the less than enthusiastic posture of other important local leaders, Nagoya Mayor Takashi Kawamura, a habitual political maverick, is pushing ahead with investigations of a possible IR bid from his central Japanese city.

Nagasaki Forges Links with the University of Macau

Sasebo Mayor Norio Tomonaga’s visit to the University of Macau at the end of last week highlighted the growing links between the two parties regarding the development of the IR industry in Japan.

Galaxy Entertainment Sponsors Junior Soccer Cup

Expanding its outreach to Japanese society through sports, Galaxy Entertainment announced that they will host the “Galaxy Entertainment Junior Soccer Cup.”

MGM Reaches Settlement for 2017 Mass Shooting in Las Vegas

MGM Resorts on Thursday agreed to pay up to US$800 million to victims of the 2017 mass shooting outside its Mandalay Bay Casino & Resort in Las Vegas.

Hokkaido Economic Federation Backs IR Development

The prospects for an IR bid from Hokkaido received a boost on Tuesday when the Hokkaido Economic Federation declared itself in support of an IR development.

Anti-Casino Candidate Defeated in Hokkaido Gubernatorial Race

Conservative Naomichi Suzuki defeated opposition-backed Tomohiro Ishikawa in the Hokkaido gubernatorial race, keeping open the prospect that Tomakomai city might be allowed to make an IR bid.

Melco Announces Benefits Program for Macau Employees

Melco Resorts has announced it will be launching a new pension fund plan and bonus scheme for its non-management staff.

Trending Articles

Casino Management Board Comes into Focus

The structure of the Casino Management Board to be established under the IR Implementation Bill is coming into focus, as the government is revealing to lawmakers its basic plans.

Wakayama Governor Goes Full Speed Ahead on IR Bid

Despite formidable obstacles, Wakayama Governor Yoshinobu Nisaka is undeterred in his pursuit of an IR at the Marina City location.

Sands, Melco, Galaxy to Benefit Most from Rise of Premium Market

Macau gaming operators Sands, Melco, and Galaxy are best placed to capitalize on the rise of the Chinese premium market, according to Bernstein Research.

Philippine Prosecutors Clear Kazuo Okada

Philippine prosecutors in Parañaque and Makati cities have dropped all charges filed against Japanese gaming billionaire Kazuo Okada.

Suncity Extends Deadline for Vietnam IR Stake Purchase

Macau junket operator Suncity Group has again extended the deadline for the purchase of a 34% stake in a casino project in Vietnam until July 31.