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Konami Gaming Division Revenue Gaining Ground

Konami Holdings reported a 0.9% decline in revenue for the six month period of April to September 2019, despite a strong performance from its gaming and systems division.

Cashless Gaming and Artificial Intelligence Will Reshape Casinos

Cashless gaming, artificial intelligence, and facial recognition technology will reshape casinos, but regulation will remain a key hurdle for years to come, said a panel of experts in Las Vegas last week.

MGM Asset Sales “Dry Powder” for Japan Bid

MGM Resorts’ accord to divest two major assets will raise US$4.3 billion in net proceeds and potentially raise funds for a development in Japan, according to analysts at Bernstein Research.

California Indians Select Konami’s Casino Management System

The Morongo Band of Mission Indians, owners and operators of the Morongo Casino Resort & Spa near Palm Springs, California, have selected Konami Gaming’s Synkros casino management system for all of their expanding casino operations.

JCM Global to Use Facial Recognition Tech to Enhance Casino Security

JCM Global, an Osaka-based firm which supplies cash transaction technologies to the gaming industry, has announced a partnership with Las Vegas-based eConnect to utilize facial recognition technology to enhance casino security.

JCM Global Gains a Technology Partner and a New Casino Client

JCM Global, an Osaka-based firm which supplies cash transaction technologies to the gaming industry, has made two announcements in recent days, one regarding a new technology partnership with a German firm, and the other regarding the provision of products to a soon-to-open casino in California.

Wynn Resorts Hit by Second Sexual Harassment Lawsuit

Wynn Resorts has received a second lawsuit, this time from nine female employees, over the way it handled sexual harassment allegations against former Chairman and CEO Steve Wynn.

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.

Konami’s Casino Management System Selected by Two More US Casinos

Konami Gaming has announced that two more US casinos have selected its Synkros casino management system, following a similar announcement earlier this month.

Konami’s Casino Management System Selected by Northern Michigan Indians

Konami Gaming has announced that its Synkros casino management system has been selected by Grand Traverse Resort & Casinos, owned and operated by the Grand Traverse Band of Ottawa and Chippewa Indians in Northern Michigan.

Trending Articles

IR Basic Plan Likely to Be Published in November

The IR Basic Plan, which is to lay out in more substantial detail the requirements and processes to make IR bids, is now expected to be published in November, according to a report in the Sankei Shinbun.

Suncity Launches Japanese Website and Wakayama IR Concept Movie

Making up for lost time, the Suncity Group has launched its Japanese-language website, complete with a high production value, five-minute movie outlining its concept for an IR at Marina City, Wakayama.

Saipan Mulls More Junkets

The Commonwealth Casino Commission (CCC) in the Commonwealth of Northern Mariana Islands will discuss an application for four new junket operators today, together with a contract extension for Imperial Pacific International’s chairman.

More Than Half of the World’s Gaming Machines in Japan

The number legally installed gaming machines worldwide in 2018 is estimated at 7,402,395, with Japan taking the lion’s share at over 58%.
Fitch Asia Markets

Fitch Pegs Japan IR Revenues at US$6 Billion

Fitch Ratings has estimated that the first round of IR construction in Japan will create revenues in the US$6 billion range, much smaller than, for example, the Morgan Stanley report of April 11 which foresaw a US$15 billion Japanese IR market developing by 2025.