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Asia News - Page 101

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Wynn Bets on Cheap Loan Deal

International News Brief: Underwriters for a $397 million loan facility to be used for the construction of Wynn Resorts Macau's first hotel and casino project in the enclave are offering lower pricing than similar deals in recent history.

Thai Police Block Gambling Sites

International News Brief: Thai police ordered local internet providers to block access to England-based betting websites in an effort to stem record gambling expected in the kingdom during the ongoing Euro 2004 football tournament.

Gambling in Philippine Schools Ordered Shut Down

International News Brief: President Gloria Macapagal-Arroyo yesterday directed all concerned authorities to shut down all kinds of gambling operations and game stations within school premises nationwide.

Gamblers Take Off for Cambodia

International News Brief: Thousands of Thai people crossed the border during the weekend to casinos in Cambodia where they could place bets on the Euro 2004 soccer matches.

Thai Police Crackdown on Euro Betting

International News Brief: Police arrested 353 people across Thailand for gambling on Euro 2004 Cup soccer matches during the opening hours of the tournament.

Poll: Thailand's Euro 2004 Betting Up

International News Brief: Thais are expected to spend as much as 33 billion baht betting on the Euro 2004 football tournament, according to a poll.

Thai Police Target Soccer Gambling

International News Brief: A Thai metropolitan police center has been formed to combat soccer gambling around the clock during the Euro 2004 soccer tournament.

Macau to Tighten Slot Controls

International News Brief: The Macau government plans to tighten controls on the booming slot-machine business, according to a senior gaming official.

52 Filipino Worker Caught Gambling on Cockfights

International News Brief: Police on Tuesday said they rounded up 52 Filipino workers for gambling on cockfights in Namyangju, Kyonggi Province on Sunday.

Gaming Control Board: Wynn Partner Gets OK

A $1 billion slot machine company controlled by Steve Wynn's Japanese business partner received unanimous approval Friday for a two-year Nevada manufacturer's license.

Wynn to Start Construction of Macau Casino

International News Brief: Wynn Resorts says it will start preparatory construction works on its Macau Outer Harbour site on Monday, June 7.

Taiwan Casino Plan Proposed

International News Brief: A proposal by Taiwan Vice President Annette Lu to develop the offshore county of Penghu into a gambling center has sent ripples among the people living there, who have long been keen on seeking ways to improve their livelihoods.

Official Surprised by Lack of Action Against Bookie

News Brief: An International Cricket Council official has expressed surprise that Delhi Police have not taken any action three months after the body provided information against a bookie allegedly involved in match fixing.

Genting: Singapore Casino May Hurt Earnings

International News Brief: Genting Bhd, owner of Asia's biggest publicly traded casino, said a plan by the Singapore government to set up a casino in the city state may hurt the Malaysian company's earnings.

Singapore Casino Decision Within 9 Months

International News Brief: The Singapore Government will decide on whether to allow a casino to open in the next six to nine months.

Sands Macau Packed, But Trailing Other Casinos

Player demand for casino action at Sheldon Adelson's Sands Macau has kept the tables and slots packed with about 45,000 players on weekends and 35,000 players weekdays since it opened May 18, the company and Wall Street sources said Tuesday.

Bid To Keep Monks From Gambling

International News Brief: To keep monks from wagering on football, senior monks will propose the Sangha Supreme Council enforce monastic regulations against gambling when the Euro 2004 tournament kicks off June 12.

Thai PM Drops Lottery Idea

International News Brief: Prime Minister Thaksin Shinawatra seems to have backed off from his plan for a special lottery to fund the purchase of a 30% stake in English football club Liverpool amid strong opposition to it.

UAE Arrests Chinese for Gambling Crimes

nternational News Brief: Authorities in the United Arab Emirates have arrested 61 Chinese nationals for gambling-related crimes, prompting China to warn citizens abroad to follow local laws, the Chinese Foreign Ministry said Wednesday.

Macau Casinos Report Record Revenues

nternational News Brief: Macau's casino sector generates record gross revenue of 15.1 billion patacas in first five months, up ‘over 50 per cent’ on same period last year.

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