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Securities firm JPMorgan Securities (Asia Pacific) said casino firm Kangwon Land’s earnings normalisation “shows no signs of a turnaround” and appeared unlikely more than a year after it resumed following restrictions related to the COVID-19 pandemic. Kangwon Land Inc. is a promoter of Kangwon Land (pictured), the only Korean casino resort that allows Koreans to…

The offensive against Ahn Se-young, a gold medalist at the Paris Olympics, who revealed the absurdity of the Badminton Association, is intensifying. Recently, even Na Soo-hyun, a commentator for MBC, a former member of the national badminton team, pointed out Ahn’s “politeness” and seems to be leaning toward the association. Commentator Bang said in an…

Casino operator Donaco International reported a 41.0% drop in group quarterly earnings before interest, taxation, depreciation and amortization in the three months to June 30, compared with the previous quarter. GROUP EBITDA IN THE LATEST REPORTING PERIOD WAS A$2.4 MILLION ($1.61 million) VS A$4.07 MILLION IN THE THREE TIMES ended March 31. Donaco’s group net…

In 2022, the China Payments and Settlements Association said in its annual report submitted online on Thursday that it had helped its member organization block payments worth nearly 2 billion yuan ($277 million) that were known to be for gambling activities. It did not specify the type of gambling activity involved. The society is described…

Vietnam’s finance ministry has proposed “regular checks” on its casinos, citing locations across seven provinces and cities, local media VnExpress reported, citing a government announcement. The report did not comment on the scope of such inspection work. However, VnExpress noted that the ministry recently found cases of “multiple casinos” serving “unauthorized customers” and offered “unacceptable…

Nico Paz is considering leaving Real Madrid. Madrid Extra, which delivers the news of Real, quoted European transfer market expert Fabrizio Romano on the 12th (Korea time) and said, “Fars is considering leaving Real.” Born in 2004, Argentine midfielder Pas is the second-tier resource that Real expects. After joining Real Youth in 2016 after playing…

Germany’s highest court on Tuesday largely approved plans to shrink the country’s parliament, despite objections from smaller parties who say the reform is unfair to them. The conservative CSU and far-left Die Linke had appealed to the constitutional court in Karlsruhe about the changes, passed by the Bundestag lower house in March 2023. But in…

Taiwanese President Lai Ching-te welcomed what he called the “largest-ever” delegation of foreign lawmakers to Taiwan and said Tuesday it showed the importance of democracies uniting, even as Beijing pressured members of the delegation not to visit. “This demonstrates the support and the value various other countries place on Taiwan,” Lai said. “It also sends…

Israel on Tuesday carried out a rare strike on Beirut, which it said killed the Hezbollah commander who was allegedly behind a weekend rocket attack that killed 12 young people in the Israeli-controlled Golan Heights. At least three other people were killed. Hezbollah did not immediately confirm the commander’s death. The Israeli strike killed a…

The Bank of Japan (BOJ) raised interest rates on Wednesday and unveiled a detailed quantitative tightening plan, taking another landmark step towards phasing out a decade of massive stimulus. The decision, which defied dominant market expectations for the BOJ to stand pat on rates, takes its short-term policy rate to levels unseen since 2008. At…