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Asia News - Page 110

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Wynn Impressed with Gaming Potential in Asia

It's full steam ahead for Wynn Macau, Strip developer Steve Wynn said Monday.

Israel Casino Ships Ordered to Stop Activities

International News Brief: Israel Ports Authority director general Amos Ron has ordered the Eilat Port to immediately halt all activities of the casino ships in the harbor.

Macau Tourist Numbers Up Slightly

International News Brief: Macau recorded 9.5 million visitor arrivals in the first 10 months, an increase of 0.5 per cent on the same period last year, according to the Macau Statistics and Census Bureau.

Wynn Not Worried about Macau Credit Legislation

International News Brief: Las Vegas gaming mogul Steve Wynn said that Macau's process of legalising casino operators' right to grant credit to gamblers was `moving on very nicely.’

Macau Airport Wants Slots

International News Brief: Macau International Airport Company would like to put slot machines at airport as an additional source of revenue.

South Korea Allows Foreign Casino Investors

International News Brief: South Korea’s President Roh Moo-hyun and his cabinet have approved a proposal authorizing foreign companies that invest $500 million in the country’s tourism industry to open a casino.

Filipino Casino gets Backing from Officials

International News Brief: Baguio City councilors have given their go signal for the casino in Camp John Hay even as one of their colleagues walked out to protest the plan.

MOON Resort and Casino Awards Contract

Michael R. Henderson, Creator MOON, today announced the award of the contract to create the five man made islands which will form the land for MOON.

Thailand Looking to Legalize Sports Gambling

International News Brief: The Thai Government Lottery Office said it is looking for feasible ways of launching a legal football gambling business in Thailand, aiming to eliminate illegal betting desks which are now gaining more popularity among Thai fans.

Wynn, Board Expected to Hold Meeting in Macau Next Week

Steve Wynn and his board of directors are slated to begin a trip to Hong Kong and China today that should culminate Wednesday at a Wynn Resorts board meeting in Macau.

Thailand to Consider Legalising Casinos

International News Brief: Thai Prime Minister Thaksin Shinawatra said today his Government would consider legalising casinos after a raid on a luxurious floating gambling den in the Gulf of Thailand last week.

Netanyahu Supports Private Israeli Casino

International News Brief: Finance Minister Binyamin Netanyahu supports the establishment of a private casino in the southern port city of Eilat.

Wynn Wants Crackdown on Macau Loansharks

International News Brief: Las Vegas casino developer Steve Wynn has called for a crackdown on triad-backed loansharking business in Macau and legislation allowing casinos to reduce taxable gambling revenues, a newspaper reported Wednesday.

Cyprus Expels Israelis Headed for Casino

International News Brief: Israeli tourists were kicked out of Cyprus early for heading to casinos in northern Cyprus, a violation the terms of their permits, police said.

South Korea Considers Adding Tourist Casino

International News Brief: If the South Korea’s government plans are successful, there may be another tourist casino open to foreigners only.

Korean Casino Approved for New Zone

International News Brief: The Incheon Metropolitan Government said yesterday that it would establish one or more casinos exclusively for foreigners in its new special economic zone.

Inside Gaming Column: Wynn Feeling Sure About Macau

A selection of news and views from inside the gaming industry this week.

South Korea's Resort Industry Grows

International News Brief: According to a new report, South Korea’s resort’s revenues rose by 20.6 percent last year from the year before.

South Korean Casino Losing Proposition for Locals

International News Brief: South Korea'sonly casino that allows Korean nationals to gamble has been found to give a lower return rate for customers than the 13 other foreigners-only casinos here.

South Korea May Allow Foreign-Operated Casinos

International News Brief: South Korea’s laws may be amended to allow foreigners to build and operate casinos in areas designated to become special economic zones, such as Jeju Island.

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