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Asia News - Page 111

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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.

South Korean Casino Resort to Open

International News Brief: Friday will be a memorable day for the depleted coalmine of Sabuk in Chongson, Kangwon Province, with the opening of a super-deluxe Kangwon Land Resort & Casino.

Four Share South Korea's Largest Lottery Jackpot

International News Brief: Four unidentified winners won 9.3 billion won (US$7.6 million) each in a lottery jackpot Saturday, the largest ever in South Korea.

South Korea May Ban Gambling in PC Rooms, Internet Cafes

International News Brief: PC rooms and Internet cafes may not be allowed to provide gambling or other betting services from September, according to South Korea’s Ministry of Culture and Tourism.

Courts to Decide South Korea's Lottery

International News Brief: A court ruling expected to decide the fate of "Lotto," a weekly lottery that has infected South Korea with an unprecedented level of jackpot fever since its launch last December.

Korea Racing Association Wants Changes to Horse Racing

International News Brief: The Korea Racing Association is setting out to change the reputation of horse racing in South Korea.

13 Charmed People Win $5.4 million Each

International News Brief: The Lotto boom that swept Korea last week ended up producing 13 winners Saturday night.

Lottery Fever Grips South Korea

International News Brief: South Korea has been swept up by lottery fever, with record numbers buying tickets for this week's draw, where the jackpot is expected to reach $50m.

Lottery Fever Hits South Korea

International News Brief: South Korea has been swept up by lottery fever, with record numbers buying tickets for this week's draw, where the jackpot is expected to reach $60 million.

South Korea's Gambling Markets Skyrocket

International News Brief: South Korea’s gambling markets last year earned the central and provincial governments nearly $2.6 billion in revenue, including taxes and surcharges. The figure is about a three-fold increase over that of the last four years.

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