Universal Entertainment Corp (6425.T)

6425.T on Tokyo Stock Exchange

23 Mar 2018
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¥-50 (-1.02%)
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Latest Key Developments (Source: Significant Developments)

Universal Entertainment plans to set up JV, Hong Kong Guangcai Universal Entertainment
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Universal Entertainment Corp <6425.T>:Says it plans to set up a JV, Hong Kong Guangcai Universal Entertainment Limited, with China-based investment firm .Says it will hold 50 percent stake in the JV after transaction .Others details remain to be decided later.  Full Article

Universal Entertainment files lawsuit against former chairman
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Universal Entertainment Corp <6425.T>:Says co filed a lawsuit against co's former chairman Kazuo Okada, claiming compensation for his three malpractice .Says co's Hong Kong-based unit will also file lawsuit against the former chairman .Previous news was disclosed on Aug. 31.  Full Article

Universal Entertainment receives investigation report from special investigation committee
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Universal Entertainment Corp <6425.T>:Says it received investigation report from special investigation committee.Previous news was disclosed on June 19.  Full Article


Breakingviews - Steve Wynn's casinos make best of bad hand

HONG KONG (Reuters Breakingviews) - Steve Wynn has left the building even if his name is still on it. In just two months since the 76-year-old casino mogul denied sexual-misconduct allegations, he has stepped down from leadership roles at Wynn Resorts and now is selling his entire stake in the eponymous $18 billion U.S. company. Meanwhile, new boss Matt Maddox is making the best of the bad hand dealt to him.