• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 1 July 2022
  • 中文中文
  • 日本語日本語
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
    • Vietnam
  • Events
  • Consulting
  • 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
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

2019 Asian Gaming Power 50: Number 38 – Jun Fujimoto

Newsdesk by Newsdesk
Wed 6 Nov 2019 at 16:29
2019 Asian Gaming Power 50: Number 39 – David Sisk
23
SHARES
583
VIEWS
Print Friendly, PDF & Email

REPRESENTATIVE DIRECTOR AND PRESIDENT
Universal Entertainment

POWER SCORE: 747
POSITION LAST YEAR: 38

CLAIMS TO FAME
• Heads only Japanese company to operate its own integrated resort
• Took control of Philippine listed company for an anticipated IR listing
• Considering renaming Okada Manila, the eponymous brainchild of Universal’s founder Fujimoto deposed in 2017

As Jun Fujimoto and his team ponder changing the name of Okada Manila – currently headlining Universal Entertainment founder Kazuo Okada, who Fujimoto and allies including Okada family members ousted in 2017 – they might consider rechristening the projected US$2.8 billion IR as Deliberate.

Since its soft opening in December 2016, through a US$2.4 billion cash infusion from Wynn Resorts last year to settle the 2012 forced redemption of its shares, the IR’s first phase remains incomplete. Despite acquiring Asiabest Group International in February for a Philippine Stock Exchange listing, IR local vehicle Tiger Resort Asia still isn’t trading.

Nevertheless, Okada Manila keeps gaining gaming traction. For the first eight months of this year, gross gaming revenue reached Php24.8 billion (US$479 million), up 49% from a year ago. Across nearly 400 tables and 2,600 machines, VIP led the way up 56%, with mass table revenue growing 48% and machine revenue ahead 38% as average daily visitation rose from 12,250 to 15,800.

The key Universal long game for Okada Manila is a Japan IR license. As its casino management skill grows, adding to pachinko and pachislot machine manufacturing experience, Universal becomes a more attractive piece for a Japan consortium. Proving it can finish an IR couldn’t hurt either.

Share9Share2
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial: Are Macau’s casinos running out of money?

Editorial: Are Macau’s casinos running out of money?

by Ben Blaschke
Wed 29 Jun 2022 at 21:47

Dominating discussions around Macau’s casino industry over much of the past 12 months has been the looming expiration of gaming...

Hengqin: The future of Macau

Hengqin: The future of Macau

by Wendi Song and Ben Blaschke
Wed 29 Jun 2022 at 20:54

The special economic zone of Hengqin is not only emerging as a critical infrastructure project for mainland China, it will...

Roadmap to 1 January

Roadmap to 1 January

by Andrew W Scott
Wed 29 Jun 2022 at 19:21

With Macau’s new Gaming Law passed by the Legislative Assembly on 21 June, IAG takes a look at the likely...

Branding and engagement in the metaverse

Branding and engagement in the metaverse

by Victoria White
Wed 29 Jun 2022 at 19:07

In Part 1 of this two-part series, we looked at the rising world of metaverses and NFTs. In Part 2...

Related Posts

Higher Powers

Higher Powers

by Ben Blaschke
Tue 7 Dec 2021 at 18:14

IAG takes a look back at this year’s Asian Gaming Power 50 Gala Dinner, held at Wynn Palace, Macau on Friday 5 November 2021.

2021 Asian Gaming Power 50: Power Hour

2021 Asian Gaming Power 50: Power Hour

by Andrew W Scott
Tue 9 Nov 2021 at 13:04

When the Asian Gaming Power 50 was first published in 2008, we could never have imagined that, some 13 years later, it would have developed into one of the most anticipated releases on the annual calendar. What began as a...

2021 Asian Gaming Power 50: Meet the panel

2021 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 9 Nov 2021 at 11:37

ANDREW W SCOTT (JUDGING PANEL CHAIRMAN) Vice Chairman and CEO, Inside Asian Gaming ANDREW is a gaming industry expert and media publisher, commentator and advisor. He has lived in Macau for more than 12 years. He is Vice Chairman and...

2021 Asian Gaming Power 50: The Next Five

2021 Asian Gaming Power 50 list

by Newsdesk
Tue 9 Nov 2021 at 08:00

The 2021 Asian Gaming Power 50 list.


HKUST

Simple Play

IAG

© 2005-2022
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

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

© 2005-2022
Inside Asian Gaming.
All rights reserved.