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Asia News - Page 18

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India: Gambling industry advocate for govt to legalize sports betting

Indian government urged by the gaming industry to legalize sports betting in an effort to combat match-fixing.

Melco Crown honored and on target with Philippine casino

As Melco Crown is honored by FinanceAsia, company is also developing its Manila resort for 2014 completion.

South Korea rejects bids in surprise move

South Korea declines on casino licence bids by Caesars Entertainment and Lippo consortium, and Universal Entertainment.

Las Vegas Sands approved to sell apartments in Macau

The long-awaited approval was announced Wednesday by the Macau government.

Macau gaming revenues up 13.5 percent in May

Macau gaming revenues grew 13.5 percent in May to $3.7 billion.

Macao revenue up for May

Macau revenue up 13.5 percent for May, helped by public holidays which brought Chinese visitors.

Asia Entertainment & Resources Ltd. announces Q1 2013 financial results

Rolling Chip Turnover decreased 24% compared to the same three months last year.

Galaxy to expand Galaxy Macau

Galaxy plans to expand Galaxy Macau, adding two more phases to the casino-resort.

IGT China Research and Development Office receives ISO Certification

IGT receives ISO certification for its China Research and Development office in Beijing.

Okada's Universal Entertainment calls Philippines payment unnecessary

Universal had booked the $25 million payment to Subic Leisure as an expense to resolve a land rights dispute surrounding its $2 billion resort project on Manila Bay.

Singapore government examing ways to control online gambling

Singapore government commissions serious study to examine feasible ways it can stop online gambling by its citizens.

Asia Entertainment & Resources Ltd. announces Rolling Chip Turnover of US$1.47 billion for April 2013

Rolling Chip Turnover for the month of April 2013 at the company’s VIP rooms in Macau was US$1.47 billion, down 16% year-over-year.

Macau gaming revenues increase 13.2 percent in April

For the first four months of 2013, Macau’s gaming revenue collections are up 14.4 percent compared to the same four months of 2012.

Cantor Gaming releases "Mobile Millions" mobile casino game at The Venetian and The Palazzo

"Mobile Millions," a new casino game from Cantor Mobile Casino, now available to patrons of The Venetian and The Palazzo.

Worries of avian flu outbreak in China have kept lid on Macau gaming stocks

Concerns over a potential outbreak of a new strain of bird flu in mainland China worried investors and kept stock prices from rising.

Taiwan's gaming tax to be significantly lower than Macau

Taiwan government considering a low 13 percent gaming tax, against Macau's 40 percent.

Stakes higher as retrial in claim against Las Vegas Sands under way

The stakes have risen by nearly a quarter of a billion dollars in the retrial of former consultant Richard Suen’s claim against Las Vegas Sands Corp.

Asia Entertainment & Resources announces rolling chip turnover of US$1.53 billion for March 2013

Rolling Chip Turnover for the month of March 2013 at the company’s VIP rooms in Macau was down 13% year-over-year.

Macau gaming revenues hit single-month record of $3.92 billion in March

The figure eclipsed the previous one-month record of $3.5 billion in gaming revenues, which was set in December.

Galaxy Entertainment profit doubled

Galaxy Entertainment report 2012 net income of HK$7.4 billion, up from HK$3 billion in 2011.

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