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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 Resorts & Entertainment is a developer, owner, and operator of casino gaming and entertainment casino resort facilities in Asia and beyond. The company operates numerous properties in Macau, including Altira Macau, City of Dreams, Studio City, and Morpheus. In the Philippines, a subsidiary of the company operates City of Dreams Manila, an IR in the Entertainment City area of Manila. Lawrence Ho, as the Chairman and CEO, controls the NASDAQ-listed casino operator via the Hong Kong Stock Exchange-listed Melco International Development.

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

Hokkaido Attracted Record Number of Tourists in FY2017

New figures show that Hokkaido attracted a record number of tourists in FY2017—56.1 million people—which was a 3% advance over the previous fiscal year.

Aichi Governor Omura Urged to Run for Reelection

A delegation of local mayors has asked Aichi Governor Hideaki Omura to run for reelection when his second term ends next February, a race that will have implications for the potential IR bids of both Tokoname city and Nagoya city.

City of Dreams Manila Opens VR Gaming Facility

Melco Resorts & Entertainment has opened Southeast Asia’s first Bandai Namco Virtual Reality gaming facility at its City of Dreams Manila IR in the Philippines.

Naruto City Wins Legal Case over Boat Race Payments

On Tuesday, the Naruto municipal authorities won a legal case that had been brought against them by local residents who were upset at payments made regarding boat race facilities to the nearby fishing cooperative.

Rush Street Japan Focuses on Tomakomai

In early October, Rush Street Gaming’s Japan branch was quietly established, with the Chicago-based firm currently looking at Tomakomai, Hokkaido, as the main direction for its IR license campaign.