Universal Entertainment saw new sales increase 34% but recorded a net loss for 2019. <\/p>\n\n\n\n\n\n\n\n
Universal Entertainment saw net sales increase of 34% year on year reaching JPY125 billion (\u20ac1.05 billion) in 2019. <\/p>\n\n\n\n
Operating profit hit JPY389 million (\u20ac3.2 million) but this resulted in a net loss of JPY5.2 billion (\u20ac43.7 million).<\/p>\n\n\n\n
The company noted that \u201cthe number of new titles complying with the revised rules is still small because of the low percentage of titles that were able to pass the Pachislot compliance test of the Security Communications Association\u201d (Hotsukyo).<\/p>\n\n\n\n
\u201cUniversal Entertainment will continue to work on developing easy-to-play and appealing titles that can be enjoyed by a broad spectrum of Pachislot and Pachinko fans. Universal Entertainment is determined to develop appealing titles for energizing the entire Pachislot and Pachinko industry\u201d, the company added.<\/p>\n\n\n\n
At Okada Manila, \u201cthe highest priority is to continue adding attractions and amenities,\u201d the statement explained.<\/p>\n\n\n\n
\u201cThe Universal Entertainment Group is preparing to take public Tiger Resort, Leisure and Entertainment, Inc., the core company in the Group\u2019s Integrated Resort Business, at an early stage to accelerate its growth,\u201d it concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"
Universal Entertainment saw new sales increase 34% but recorded a net loss for 2019.<\/p>\n","protected":false},"author":2,"featured_media":3557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Universal Entertainment reported a 34% increase in net sales to JPY125 billion in 2019, yet recorded a net loss of JPY5.2 billion, primarily attributed to low Pachislot compliance test pass rates impacting new title releases. The company plans to develop more appealing Pachislot\/Pachinko titles, enhance Okada Manila's attractions, and pursue an early IPO for Tiger Resort, Leisure and Entertainment, Inc.","focusai_entities":"Universal Entertainment, Security Communications Association, Hotsukyo, Okada Manila, Tiger Resort, Leisure and Entertainment, Inc.","focusai_location":"Japan, Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.9), operator_casino (0.7), product_ux (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Pachislot Compliance Impact","query":"What specific revisions to Pachislot rules by the Security Communications Association (Hotsukyo) are causing the low compliance test pass rates, and what is Universal Entertainment's revised product development roadmap to address these?"},{"label":"Tiger Resort IPO Valuation","query":"What is the projected valuation and capital allocation strategy for Tiger Resort, Leisure and Entertainment, Inc. post-IPO, and how will this accelerate growth for Okada Manila's integrated resort business?"}],"footnotes":""},"categories":[160,16338,163,158],"tags":[29,470,2131],"class_list":["post-3552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","category-slider-home","tag-casino","tag-japan","tag-resort"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3552"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3552\/revisions"}],"predecessor-version":[{"id":3568,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3552\/revisions\/3568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3557"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}