#Universal Entertainment Corp

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Slot-Machine Maker Denies Bribery Claim in Manila Casino Fight

Japanese slot-machine maker Universal Entertainment Corp. on Friday denied allegations made in a Delaware court that one of its executives attempted to improperly influence a Filipino legislator amid a failed $2.6 billion merger of the Okada Manila casino resort with a blank-check company. "UEC denies the allegations of bribery, corruption, or…
Industry
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Reuters

Philippines gaming regulator bets on online casinos

MANILA, July 20 (Reuters) - The Philippine gaming regulator aims to take a slice of the lucrative online gaming market by launching its own e-gambling operations next year to grow its pool of customers and attract wealthy offshore gamblers, its chief said on Thursday. The Philippine Amusement and Gaming Corp (Pagcor), a gaming regulator and…
Industry
Philippines gaming regulator bets on online casinos
Yogonet

Play Synergy announces acquisition of Aruze Gaming America's slot operations

Play Synergy announced Monday it is set to acquire Aruze Gaming America's slot operations, which includes its land-based assets and online gaming offering, for an undisclosed amount. The news comes days after the slot machines and electronic table games developer said it was planning to shut down its Las Vegas headquarters next month, resulting in…
Industry
Play Synergy announces acquisition of Aruze Gaming America's slot operations
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European Gaming

The Global Casino Gaming Equipment Market is expected to grow by $14265.1 million during 2023-2027, accelerating at a CAGR of 5.55% during the forecast period

Reportlinker.com announces the release of the report "Global Casino Gaming Equipment Market 2023-2027" 55% during the forecast period. Their report on the casino gaming equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report…
Industry
Gambling Insider

Asia round-up: Okada goes to High Court, Suncity to become LET, AS Monaco learns Casino Secret

Okada Manila heads up high to resolve ownership Universal Entertainment Corp (UEC) has announced that its motion to reconsider the Status Que Ante Order (SQAO) of the Okada Manila resort is now going to the High Court. Ousted former chairman and founder of UEC, Kazuo Okada, took control of the casino resort in May, after the SQAO was issued - and…
Law
Asia round-up: Okada goes to High Court, Suncity to become LET, AS Monaco learns Casino Secret
GGRAsia

Okada Manila starts online play for clients in Philippines

The Okada Manila casino resort in the Philippine capital is offering online gaming for domestic customers in the nation with effect from mid-April. The resort's parent, Japan's Universal Entertainment Corp, said it had received approval from the Philippine authorities to run in tandem with its bricks and mortar casino (pictured), a total of eight…
Travel
Forbes

Okada Manila Sees Strong Earnings Momentum As Casino Operator Prepares For U.S. Listing

Okada Manila -which is preparing to list on Nasdaq through a SPAC as soon as this month-expects a strong earnings recovery as the Philippines reopens its borders to international visitors. The casino resort said in January that total revenue increased 24% to $399.6 million in 2021 from the previous year, bolstered by strong gaming revenues…
Covid
Okada Manila Sees Strong Earnings Momentum As Casino Operator Prepares For U.S. Listing
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Slot Machine Market Size to Grow by USD 8.91 Billion

NEW YORK, Dec. 10, 2021 /PRNewswire/ -- The " Slot Machine Market by Product and Geography - Forecast and Analysis 2021-2025 " report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the slot…
Industry
Yogonet

New York City $3B casino pitch to include world's largest cryptocurrency trading floor

A casino pitch for New York City includes what would be the world's largest cryptocurrency trading floor. The plans will be submitted by money manager Jason Ader on Friday, and also feature a landing pad for flying cars and an esports arena. A site for the project, which would cost about $3 billion or more, has not yet been confirmed, although Ader…
Crypto
New York City $3B casino pitch to include world's largest cryptocurrency trading floor
Asgam

Okada Manila parent to bid for New York casino license

The new parent company of Philippines integrated resort Okada Manila has revealed plans to take part in the New York State Gaming Commission's requests for information (RFI), with a view to bidding for one of three New York casino licenses. Okada Manila International Inc, a subsidiary of Japan gaming giant Universal Entertainment Corp, will become…
Gaming Authorities
Okada Manila parent to bid for New York casino license
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$3bn NY City Casino Pitch Features Flying Car Landing Pad

High rollers in their flying cars will flock to Mirai should money manager Jason Ader's $3bn+ pitch win a New York City casino license. [Image: Shutterstock.com] Jason Ader, CEO of asset management firm SpringOwl, plans to put forward a $3bn+ bid for a New York-area casino license, with his proposal including a landing pad for flying cars and the…
Gaming Authorities
$3bn NY City Casino Pitch Features Flying Car Landing Pad
European Gaming

The Global Slot Machine Market is expected to grow by $ 8.91 bn during 2021-2025, progressing at a CAGR of 12.14% during the forecast period

Reportlinker announces the release of the report "Global Slot Machine Market 2021-2025" Our report on the slot machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global…
Industry
The Global Slot Machine Market is expected to grow by $ 8.91 bn during 2021-2025, progressing at a CAGR of 12.14% during the forecast period
Business World

Philippine casino operator will pursue Japan expansion, CEO says

Jason Ader, chairman and chief executive officer of 26 Capital Acquisition Corp., plans to pursue casino opportunities in Japan and elsewhere after completing the purchase of a large casino resort in the Philippines. "The company will own assets beyond the Philippines over the next several years," Ader said in an interview Monday. "This company is…
Industry
Philippine casino operator will pursue Japan expansion, CEO says
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WFMZ News

Casino Gaming Equipment Market to Register $ 10.53 Billion Growth during 2021-2025

NEW YORK, July 14, 2021 /PRNewswire/ -- According to the latest report "casino gaming equipment market by Type (Casino tables, Slot machines, Gaming chips, Video poker machines, and Others) and Geography (North America, APAC, Europe, South America, and MEA) - Forecast and Analysis 2021-2025", by Technavio, the valuation of casino gaming equipment…
Covid
Casino Gaming Equipment Market to Register $ 10.53 Billion Growth during 2021-2025
GGRAsia

Pagcor boss affirms some Ent City casinos have PIGO permits

The head of the Philippine casino regulator has confirmed that three of Manila's Entertainment City gaming resorts are among venues approved to offer online gaming to domestic players via their premises using a new "PIGO", or Philippine Inland Gaming Operator, licence. They are: Solaire Resort and Casino, run by Bloomberry Resorts Corp; Okada…
Covid
Pagcor boss affirms some Ent City casinos have PIGO permits
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