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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. In 2014, it gained a 25-year license to build and operate a casino on Saipan.

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

Anti-Casino Mayoral Candidate Emerges in Wakayama

The issue of Wakayama’s IR bid will be a leading point of contention in the city’s July 29 mayoral election after a decidedly anti-casino challenger, Kumiko Shima, announced her candidacy.

US Supreme Court Strikes Down Ban on Sports Betting

The US Supreme Court has struck down a federal law against sports betting, paving the way for states to introduce legislation and opening a multi-billion dollar market.

Star Entertainment VIP Revenue Surges

Star Entertainment Group said its international VIP rebate business has continued to show strong growth into the second quarter, with turnover jumping almost 64 percent year to date.

Judicial Scriveners’ Association Calls for Scrapping IR Bill

The Japan Federation of Shiho-Shoshi Lawyer's Associations, the leading group for the nation’s judicial scriveners who specialize in legal registration procedures, issued a statement on June 5 calling for the IR Implementation Bill to be scrapped.

Opposition Makes Last Ditch Appeal against IR Bill

Five House of Representatives lawmakers from five separate opposition parties held a press conference within the Diet Building on June 12 in a last ditch attempt to prevent the passage of the IR Implementation Bill through the Lower House.