Universal Turns To Profits In 2022 As Okada Manila Rev Doubles

Japan’s Universal Entertainment, the founding parent of Okada Manila Casino Resort in the Philippines, posted a net profit of nearly 11.51 billion yen ($86.6 million) for all of…

IR-backing Osaka governor re-elected, share of vote up

Hirofumi Yoshimura, the head of the Osaka Innovation party, was re-elected on Sunday as governor of Osaka prefecture, and with a 9.3 percentage-point increase in his share of…

Earth Day celebration to kick off at Gwanghwamun Square on Saturday

To mark Earth Day, the Seoul Metropolitan Government and the city’s Green Citizen Committee are hosting a commemorative event at Gwanghwamun Square on Saturday.Earth Day, an annual event…

How much in subsidies will Samsung Electronics get for US chip plant?

Samsung Electronics is expected to receive more than $6 billion in subsidies from the U.S. government for its semiconductor investments in the country, marking its entry into the…

Bank deposits diminish as stock, crypto markets grow

Nearly 15 trillion won ($11.06 billion) was withdrawn from fixed-term deposit accounts and installment savings accounts at five major commercial banks in Korea in the past month, according…

Hotel Shilla CEO signs block deal to pay inheritance tax

Hotel Shilla CEO Lee Boo-jin, the daughter of late former Samsung Group Chairman Lee Kun-hee, is seeking to sell over 5.2 million Samsung Electronics shares in an after-hours…

Daedong, LS Mtron, TYM hit by decreasing no. of North American hobby farmers

The declining popularity of hobby farming in North America after the end of the COVID-19 pandemic has worsened the profitability of Korea’s three largest farming machine makers, which…

GEN Singapore Edge At Melco In Yokohama: Maybank

Casino company Genting Singapore could beat rival global operator Melco Resorts and Entertainment and could be another eligible bidder in the race to become a casino complex partner…

Nagasaki plans labor, public safety at casinos

Nagasaki Prefecture said it is starting to develop manpower for its desired casino resort. On July 31, an online meeting of the Kyushu-Nagasaki International Tourism Human Resource Development…

MGM US$9bln Osaka IR Ready Early 2028: RFP Info

MGM Resorts International and its partner in Japan, Orix Corp, said the current $9 billion Osaka casino resort in Japan will not open before 2028 and could open…