Las Vegas Sands has announced that it has become a top-tier sponsor for the Summer Sonic 2019 rock music festival to be held at Osaka’s Maishima Sonic Park for three days from August 16.
Galaxy Entertainment has announced a new three-week program which will bring students from Toyo University, Kyoto Sangyo University, Fukuoka University, and Okura Nikko Hotel Management to Macau for training about the IR industry.
MGM Resorts Chairman and CEO James Murren has told the Japan Times that there is still enough time to open the Osaka Yumeshima IR before the 2025 World Expo, and thus capturing the benefits of having an estimated 28 million people coming to the next-door attractions of Expo.
Universal Entertainment saw its net sales increase 12.9% to 52.5 billion yen (about US$495 million) in the first half of 2019, boosted mainly by growth across all segments at Okada Manila.
If the first three IRs include one each in the Kanto and Kansai, then their combined annual revenues will probably fall in the US$9 billion to US$11 billion range, estimates Bernstein Research in an August 6 note.