Caesars Entertainment enters Japanese market with Caixin Gaming brand

Caesars Entertainment announced a new brand, Caixin Gaming, aimed at the Japanese market on September 3. The company plans to open its first Caixin Gaming casino resort in 2020.

Caesars Entertainment already operates casinos in seven countries, but this will be its first foray into the Japanese market. The casino resort is expected to be built in Osaka.

The Caixin Gaming brand was created through a joint venture between Caesars Entertainment and Japan's leading gaming company Sega Sammy Holdings. The name is derived from two words – "Caesar" and "jin", which means " gather together" in Japanese.

The new brand will focus on attracting high-rolling players from China and other nearby countries. Kenneth Chu, president of Caesars Entertainment Asia, said that the company is "very confident in the potential of the Japanese market" and that it sees "a great opportunity to offer unique experiences that cater to Chinese players".

Caixin Gaming subsidiary buys gaming company for $4.5 billion

On June 10, 2019, Chinese media outlet Caixin reported that a subsidiary of gaming and entertainment giant Caixin had purchased a gaming company for a whopping $4.5 billion. This move is just the latest in a series of aggressive expansions by the gaming giant, which is quickly making a name for itself in the global gaming industry.

The company purchased by the Caixin subsidiary is known as Huya Inc. It is one of China's leading streaming platforms for gamers, with over 100 million monthly active users. The platform allows users to watch other gamers play games live, as well as participate in chats with other users.

The purchase price of $4.5 billion marks the largest ever purchase of a gaming company by a Chinese firm. It is also significantly higher than the $3.2 billion that American gaming giant Activision Blizzard paid for Candy Crush developer King Digital in 2015.

According to industry analysts, the purchase of Huya by Caixin is part of an effort by the Chinese giant to become the dominant player in Asia's booming online gaming market. In addition to Huya, Caixin has also made moves to acquire other leading gaming companies in recent months, including Perfect World and Douyu TV.

The huge investment by Caixin comes as no surprise given China's massive potential market for online gaming. In 2018, Chinese gamers spent over $32 billion on video games, making China the world's largest market for video games. By comparison, American gamers spent just $30.4 billion on video games last year.

It remains to be seen whether Caixin can replicate its success in China in other Asian markets. However, with its deep pockets and aggressive expansion strategy, the Chinese giant is certainly poised to make a big impact in the region's online gaming industry

Cai Yuan Guang Jin Casino Launches First Live Dealer Games

Macau's latest casino Cai Yuan Guang Jin has announced the launch of its first live dealer games. The new casino is located in the City of Dreams and offers a range of live dealer options, including blackjack, baccarat, roulette and poker.

The new casino is the latest addition to Macau's gambling industry, which is currently worth over $30 billion. The City of Dreams is also home to some of Macau's most popular casinos, such as Sands Casino and Wynn Palace.

Cai Yuan Guang Jin is hoping to capitalize on the demand for live dealer games, which have become increasingly popular in recent years. Live dealer games offer players the chance to interact with real dealers and other players via video chat, adding an extra layer of excitement to the gaming experience.

Caixin Gaming subsidiary to build $1.5 billion integrated resort in Japan

Caixin Media Co. Ltd., a subsidiary of gaming giant Caixin Global, has announced plans to invest $1.5 billion in building an integrated resort in Japan. This will be the company's first foray into the Japanese gaming market, and is expected to create over 3,000 new jobs.

The new resort is to be built in Osaka, one of Japan's major metropolitan areas, and is scheduled to open in 2024. It will include a casino, hotel accommodation, entertainment venues, and restaurants.

Caixin Gaming is expecting strong demand for casino services in Japan, with the country currently only permitting limited gambling activity. The company expects its investment to generate returns of over 20% annually.

This news comes as welcome relief for Osaka's economy, which has been struggling in recent years. The new resort is expected to attract over 25 million visitors each year and generate over $4 billion in revenue.

Caixin Gaming completes acquisition of 52 percent stake in gaming company

On July 10, 2019, it was announced that Caixin Gaming had completed the acquisition of a 52 percent stake in a gaming company. This move is seen as an important step in the development of Caixin Gaming's online gaming business.

According to the press release, the gaming company has a strong team with rich experience in game development and operation. It also has a number of popular mobile games that have attracted millions of users.

With this acquisition, Caixin Gaming will be able to leverage the gaming company's capabilities to develop and operate new games, as well as improve its existing games. In addition, Caixin Gaming will be able to better serve its users by providing more engaging content and a better overall gaming experience.