Universal Entertainment back to profit after Wynn Resorts settlement GGR Asia · February 15, 2019 at 6:50 pm Japanese gaming company Universal Entertainment Corp returned a net profit of about JPY161.17 billion (US$1.46 billion) last year, having made a net loss of nearly JPY13.43 billion the year before. Universal Entertainment told the Tokyo Stock Exchange on Thursday that its net sales had risen to almost JPY93.27 billion last year from almost JPY68.55 billion the year before. A major contribution to the improved profitability of the gaming and entertainment company was a compensation settlement worth JPY158.88 billion paid by casino group Wynn Resorts Ltd to settle a stock redemption dispute. Contributing to the net loss in 2017 was the litigation that pitted the company against the United States’ casino operator. Universal Entertainment’s return to profit included both revenue from manufacture and sales of pachinko machines and its casino resort operations at the Okada Manila (pictured), in the Philippines.