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Asia News - Page 108

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Shun Tak Denies Casino Venture with MGM

News Brief: Shun Tak Holdings Ltd, controlled by Macau casino mogul Stanley Ho, denies a newspaper report that it was to take part in a venture to be formed with MGM Mirage Inc.

Japan's First Croupier School Opens

International News Brief: The nation's first school for casino croupiers will open in Nakano Ward, Tokyo, in April as lawmakers and local governors push to legalize casinos in Japan.

Macau Casinos Allowed to Offer Credit

International News Brief: Macau’s 10-member Executive Council passed a bill that will permit casino operators and gaming promoters to grant gamblers non-pecuniary credit in the form of gaming chips.

SJM, MGM to Announce Macau Deal

Stanley Ho Hung-sun's casino company, Sociedade de Jogos de Macau and MGM-Mirage casino sub-concession will invest 4.4 billion patacas in Macau, according to an. informed source.

Hong Kong Survey Looks at Problem Gambling

International News Brief: People who start gambling when in their teens are more likely to become problem gamblers than those who start later in life, according to a recent survey.

Alliance Gaming Wins Contract for Sands Macau

Alliance Gaming’s Bally Gaming and Systems business unit has signed a contract with Las Vegas Sands, Inc. to provide an integrated marketing and casino management system and nearly 34 percent of the slot floor for the new Las Vegas Sands resort scheduled to open in Macau this spring.

Macau Casinos Report Record Revenues

International News Brief: Stanley Ho's 12 casinos generate a gross revenue of slightly over three billion patacas in January, coinciding with Chinese New Year holidays.

Korean Lottery Cuts Price, Jackpot

International News Brief: The price of a Korean Lotto ticket will be cut to 1,000 won from 2,000 won beginning in August, but the biggest jackpot of the national lottery is also expected to be halved.

Macau Delegates Return from Vegas Trip

International News Brief: Delegation of Macau Legislative Assembly have returned from a meeting with casino operators and Nevada Gaming Control Board members in Las Vegas.

North Korea Gambling Web Site Blocked

International News Brief: The Seoul government has blocked access to a North Korean online gambling site since last Wednesday, which was gaining popularity among South Koreans for its open bulletin board.

Ho's New Casino to Open

International News Brief: Gaming mogul Stanley Ho Hung-sun will open his 12th casino in Macau on Wednesday, coinciding with Chinese New Year's Eve that marks the start of Macau's annual gambling cycle.

Horseracing, Gambling Returns to Iraq

International News Brief: Thoroughbred racing, once a part of Iraq's proud desert heritage and more recently a victim of its self-indulgent dictatorship, has made a rapid comeback since Hussein was toppled in April.

North Korea Online Gambling Site Sparks Interest

International News Brief: The online bulletin board of an inter-Korean venture based in North Korea has become wildly popular with South Korean Internet users.

Philippine Police Intensify Gambling Raids

International News Brief: Forty-two jueteng personnel and bet collectors were arrested by National Capital Region Police Office in an intensified anti-illegal gambling drive in Metro Manila in last two days.

TV Asahi Employee Pinched for Illegal Gambling

International News Brief: A TV Asahi employee has been fined and suspended from duty for illegal gambling, the broadcaster admitted Wednesday.

UAE Investigates Raffles, Lotteries

International News Brief: The proliferation of raffles, lotteries and other competitions in the United Arab Emirate are coming under the microscope to ensure they comply with the religious and cultural norms of the country.

Ukrainian Cruise Charged

International News Brief: The operator of a Ukraine-registered cruise ship housing a casino, raided by Thai police in October, was charged yesterday with violating foreign exchange and customs laws.

Korea Company Penalized for Online Gambling Operation

International News Brief: A South Korean company lost its status as an inter-Korean business last month after it was found to be engaged in an online lottery and gambling operation run by a North Korean state company.

Thailand's Gambling Debate Rages On

International News Brief: The question of whether to legalise gambling has been a hot topic in Thailand, where illegal casinos operate rampantly, and most agree that the issue must be dealt with.

Malaysia's Magnum Obtains Indonesian License

International News Brief: Malaysian company, Magnum Corp. Bhd., has obtained a license to operate gaming operations in Indonesia.

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