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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.

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Hard Rock to Open Tomakomai Office

Hard Rock Japan is preparing to open an office in Tomakomai, Hokkaido, in August or September, a further signal that the Orlando, Florida, based operator is focusing its IR efforts on this regional city.

Foreign Tourists May Also Face Gambling Profits Tax

Some foreign tourists who win at casino games at Japanese IRs may be hit with an income tax bill before they leave the country, according to a report in the Asahi Shinbun.

House of Councillors to Begin IR Bill Deliberations

The controversial IR Implementation Bill is set to begin its final stage toward enactment on Friday with deliberations launching in a plenary session of the House of Councillors.

Morgan Stanley Releases Bearish Note on Japan IRs

On Friday, the multinational investment bank and financial services company Morgan Stanley released a research note that suggested a degree of disappointment about the financial terms of the IR Implementation Act.

Osaka Governor Matsui Wants to Select IR Operator Within a Year

Just as he did with the IR Implementation Act, Osaka Governor Ichiro Matsui is once again pushing the national government to speed up its deliberations and to move with greater alacrity. He says that Osaka wants to tentatively select its operator partner within a year with an eye to opening the Yumeshima IR by 2024.