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Asia News - Page 12

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Packer's casino plan put to rest by new Sri Lanka government

Sri Lanka's new President Maithripala Sirisena has put an end to three proposed casinos, including James Packer's $400 million project.

Las Vegas welcomes Year of the Yang with cultural festivities and celebrations

Chinese New Year celebrations welcome the Year of the Yang, honoring the Goat, Sheep and Ram.

Adelson defends Macau even as troubled market crimps Sands' earnings

Adelson defends Macau even as troubled market crimps Sands' earnings.

Inside Gaming: Analysts expect Strip rebound to continue in 2015

Analysts believe the Strip will continue its rebound, although gaming won’t be the primary reason.

Adelson adds CEO of Sands China to his job description

In a statement Friday from the company’s Sands China Ltd., Sheldon Adelson, the 81-year-old billionaire and company founder, will replace Edward Tracy, whose retirement was announced in an SEC filing this week.

Vietnam approves casino

A casino for Phu Quoc Island, which will be part of a larger tourism complex, has been approved

Macau visitor numbers up 7.5 percent in 2014

Macau may have had a revenue decline, but the visitors are still coming.

Vegas gaming companies may face bigger tax bite in Macau

A Chinese government official is hinting at a potential gaming tax increase ahead of license renewals for Macau's casino operators.

Spokesman: Wynn's pay will now include 'performance-based equity'

In a filing with the Securities and Exchange Commission Tuesday, Wynn Resorts Ltd. said it was slashing the CEO's salary to $2.5 million per year from $4 million.

Macau VIP gaming rooms respond to pressure

Four out of five of the David Group's VIP gaming rooms to close in Macau.

Paraguay: 80 Taiwanese arrested in raid

80 people taken into custody in Paraguay illegal online gambling site raid, one man arrested.

Amaya provides PokerStars business update

In December 2014 PokerStars completed the rollout of casino table games to players in eligible markets on PokerStars.com and certain domains sharing liquidity on the global network.

Malaysian leader's involvement in Vegas illegal gambling case a hot topic back home

Opposition leaders in the Malaysian parliament have called on Ahmad Zahid Hamidi, the minister of home affairs, to publicly explain why he became involved in the high-stakes gambling case.

Sri Lanka's new president likely to ditch on Packer's casino plan

New president in Sri Lanka spells doom for James Packer's $400 million casino-hotel plan.

Lights, camera, action! Melco Crown Entertainment sets the scene on Macau's Studio City

Hollywood stars are featured in the premiere of Film-Teaser the unveiling of the 'Next-Generation' of thrilling leisure entertainment in Asia.

Survey shows many want to work at Macau, Singapore casinos

A survey in Macau and Singapore has shown strong enthusiasm for working in casinos.

Defendants in World Cup betting case want poker ban lifted

Paul Phua and his son, Darren Phua, were among eight defendants charged in a multimillion-dollar scheme that accepted wagers on the World Cup soccer tournament in Brazil last year.

Analysts thought Macau's first-ever annual dip could have been worse

The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.

First time fall for Macau's yearly gambling revenue

Macau feels the brush of first annual revenue decline, with month of December's startling 30.4% dip.

Malaysian official intervenes in illegal betting case

Ahmad Zahid Hamidi, Malaysia’s minister of home affairs, sent a letter earlier this month to Deputy FBI Director Mark Giuliano in Washington rebutting FBI claims that the lead defendant in the high-stakes betting case is tied to a powerful Chinese crime syndicate

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