• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 5 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Oshidori says strategic investment arm to fund pursuit of Nagasaki IR after record profit in 2020

Ben Blaschke by Ben Blaschke
Wed 31 Mar 2021 at 05:21
2021: Japan IR – Crunch time
30
SHARES
738
VIEWS
Print Friendly, PDF & Email

Oshidori International Holdings Ltd says it plans to utilize what it calls “tactical and/or strategic investments” to prepare its pursuit of an integrated license in Nagasaki, Japan, after the company revealed record profits in 2020.

Oshidori, the parent company of Japan subsidiary Oshidori International Development Ltd, announced on Tuesday a FY20 profit of HK$2.82 billion (US$363 million) for FY20, described as the “highest profit ever since its listing.”

It also revealed that the tactical and/or strategical investments segment was entirely responsible for the positive result with profit of HK$3.20 billion (US$412 million), reversing a segment loss of HK$311.8 million (US$40 million) in 2019. The segment revolves around a professional investment team that holds Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), and Type 9 (asset management) licenses under Hong Kong’s Securities and Futures Ordinance, Oshidori said, and aims to build “a successful portfolio of investments that is resilient, sound and of value to the shareholders of the Company.”

Oshidori’s Japan IR bid, in partnership with US tribal casino operator Mohegan Gaming & Entertainment, falls into this segment with the company stating Tuesday that it is confident of winning a license in Nagasaki.

The Oshidori Consortium, as the partnership is known, was one of three candidates selected by Nagasaki prefecture earlier this month to proceed to the next stage of the RFP process.

“It is anticipated that Nagasaki Prefecture will select their partner in the third quarter of 2021 and the Company remains optimistic of the prospect of winning this bid and subsequently the license at the national level,” Oshidori said.

“The Company and [Mohegan] are not only aiming at collaborating in the development of a world-class integrated resort but also in creating a dynamic community for Nagasaki to become a premier travel destination and a sought-after residential location. Furthermore, the development of the integrated resort will allow the Group to contribute to the continual prosperity of the region.

“The Group will fully devote ourselves to become an integrated resort operator for the Nagasaki Prefecture.”

RelatedPosts

Konami reveals strong growth for Gaming and Systems segment despite group-wide declines in 1H20

Konami’s Gaming & Systems suffers decline in in June quarter profits on competitive environment, rising tariff costs

Fri 1 Aug 2025 at 05:44
In the crosshairs

Fitch: No clear near-term recovery path for Philippines integrated resort Okada Manila

Wed 30 Jul 2025 at 06:08
Hong Kong Jockey Club says racing turnover grew 3% to US$17.7 billion in 2024/25 season

Hong Kong Jockey Club says racing turnover grew 3% to US$17.7 billion in 2024/25 season

Sun 20 Jul 2025 at 07:31
MGM China says gambling debts linked to Hong Kong actor Jacky Heung settled, legal matter terminated

MGM China says gambling debts linked to Hong Kong actor Jacky Heung settled, legal matter terminated

Wed 16 Jul 2025 at 05:30
Load More
Tags: Hong KongirJapanMohegan Gaming and EntertainmentNagasakiOshidori International
Share12Share2
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Delta Corp to acquire 45% stake in shipyard that built “Casino Royale” floating casino

Gaming sector shows strength as India’s Delta Corp reports income of US$22 million in June 2025 quarter

by Newsdesk
Tue 5 Aug 2025 at 05:58

India’s leading casino and online gaming operator Delta Corp has reported gross income from operations of Rs 195.84 crores (US$22.3 million) for the three months to 30 June 2025, up 2.6% year-on-year and down by less than 1% compared with...

First auction of Imperial Pacific gaming equipment postponed

IPI’s abandoned Saipan hotel and casino building shows signs of wear and tear but no immediate danger ahead of planned sale

by Newsdesk
Tue 5 Aug 2025 at 05:34

The Department of Public Works of the CNMI has found that Imperial Pacific International’s unfinished hotel and casino building in Garapan, Saipan, is showing signs of wear and tear some five years after construction was halted but does not pose...

Casino revenue at Korea’s Paradise Co up 23% year-on-year to US$55 million in July, slightly down sequentially

Casino revenue at Korea’s Paradise Co up 23% year-on-year to US$55 million in July, slightly down sequentially

by Newsdesk
Tue 5 Aug 2025 at 05:14

Leading Korean foreigner-only casino operator Paradise Co reported a 23.0% year-on-year increase in casino revenues to KRW75.7 billion (US$54.7 million) in July, however the figure was 6.3% lower than in June. According to information filed with the Korea Exchange. July...

Legal battle continues to hurt Donaco’s bottom line

Donaco shareholders approve US$35 million privatization bid

by Ben Blaschke
Mon 4 Aug 2025 at 15:36

A proposal by Hong Kong’s Argyle Street Management Limited to acquire 100% of the shares in ASX-listed, Southeast Asian casino operator Donaco International Ltd that it doesn’t already own is one step away from becoming reality after Donaco shareholders on...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語