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Kazuo Okada Released from Bail in Hong Kong

Japanese gaming tycoon Kazuo Okada announced on Friday he has been released from bail by Hong Kong’s Independent Commission Against Corruption, thus resolving one of his pending legal difficulties.

Get Nice Holdings

Get Nice Holdings focuses on money lending and property development. They are best known as the part owners of Macau’s Grand Waldo Complex in the 2006-2013 period. In 2017, they became involved in property development in London as well as their interests in the Hong Kong region.

Alphaslot Tokens Aim to Connect Online/Offline World

Hong Kong-based Alphaslot, which is currently in the middle of their pre-sale token offering, may have a model that can link the online and offline worlds.

Okada Presents His Own View of His Arrest

Gaming mogul Kazuo Okada has fired back at the allegations made against him by Universal Entertainment Corporation, calling the allegations “false and malicious” and part of “the latest attempt by UEC to harm [his] reputation.”

Genting Hong Kong Reaches Accord for Cruise Ship Works

Genting Hong Kong said one of its units has agreed to buy turnkey systems for new cruise ship vessels from Finnish shipbuilding contractor Almaco Group for a total of 83.2 million euros (about US$97.1 million).

Hong Kong Jockey Club Warns about Illegal Betting

Illegal gambling is growing twice as fast as wagering and about US$140 billion is laundered annually though illegal markets, local media reports.

Imperial Pacific International

Starting out in the food business under the name First Natural Foods, this Hong Kong-based company began shifting to the gaming industry in 2013, changing its name to Imperial Pacific International the following year. Best Sunshine, a subsidiary of Imperial Pacific, develops and operates casinos, hotels, and restaurants in the Commonwealth of the Northern Mariana Islands. In 2014, it gained a license to build and operate a casino on Saipan. This development is called the Imperial Pacific Resort.

Melco Resorts & Entertainment

Melco is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. The company currently operates Altira Macau, a casino hotel located at Taipa, Macau, and City of Dreams, an integrated urban casino resort located in Cotai, Macau.

Landing International Development

Hong Kong-based Landing International Development Limited is a new entrant to the IR operator business, having started mainly as a property developer working in mainland China. However, with the signing of their contract to create Jeju Shinhwa World in South Korea, and opening that facility in 2018, Landing International is becoming a player in the Asian casino industry.

Trending Articles

Casino Legislation Remains Deeply Unpopular

Among Japanese lawmakers, dominated by conservative political parties, there is strong support for passage of the IR Implementation Bill in the current Diet session, but the latest poll by the Kyodo News agency shows that the legalization of casino gambling remains deeply unpopular with the public at large.

Sega Sammy’s Haruki Satomi Speaks of IR Ambitions

Haruki Satomi, president and COO of Sega Sammy Holdings, as well as the son of company founder Hajime Satomi, was interviewed on CNBC on May 4, speaking of his company’s IR ambitions.

EY Wins Wakayama RFI Consulting Contract

On Thursday, the Wakayama Prefectural Government announced that it had selected the auditing firm EY to conduct its RFI process with IR operators.

Bloomberry Resorts Eyes Wakayama IR Bid

Philippines-based Bloomberry Resorts, the operator of the Solaire Resort in Manila, was an early mover on seeking an IR license in Japan, and their main interest appears to have converged on Wakayama’s Marina City location.

Wynn Resorts Appoints First Sustainability Officer

Wynn Resorts has announced the appointment of Erik Hansen as the company’s first Chief Sustainability Officer.