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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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City of Parañaque Grants Approval for New Landing IR

Landing International Development Ltd. has announced it has been granted approval from the city council for a new integrated resort in the City of Parañaque, Philippines.

Suncity Forms Japan Consortium, Eyes Local Gaming in Vietnam

Suncity Group, Macau’s leading junket operator, has formed a consortium in Japan to study a potential license bid there, executive director Andrew Ho said in an interview.

Lawrence Ho: Japan IR Revenues Unlikely to Reach Macau Levels

Melco Resorts Chairman and CEO Lawrence Ho does not expect that Japanese IRs will produce revenues on the scale of Macau, but he is nevertheless more than willing to build “a 10 billion USD plus resort” in either the Kansai or Kanto regions of the country.

Macau MICE Participation Rises in 2018Q1

Macau’s 2018Q1 MICE statistics showed the gaming hub hosted few events, but the larger exhibitions and conferences drove total participation up by 31.5 percent.

Goa Tax Authorities Demand Service Tax on License Fee

The intelligence arm of Goa’s tax department has served notices to ten casinos in Goa, demanding they pay a service tax on their license fees, local media reports.