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Asia News - Page 22

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Macau gaming revenues climb 5.5 percent in August

Macau gaming authorities said casinos collected $3.3 billion from gamblers during the month, the second highest ever recorded for a single month.

Macao: August revenue up in single digits

Macao revenue rose 5.5 percent in August 2012 compared to 2011.

Entertainment Gaming Asia announces construction of Dreamworld Poipet is underway

Construction of Dreamworld Poipet, a slot hall development project in Poipet, Cambodia, has commenced.

Sands' Singapore casino fined $286,800

On Wednesday, the property was fined $286,800 for several failures in enforcing the country's casino-entry restrictions.

Singapore casino operators fined $500,000 for breaches

Singapore CRA fined Marina Bay Sands and Resorts World Sentosa for failing to enforce the social safeguard requirements.

Singapore: Casinos did not increase crime

Crime has not increased as a result of casinos and casino crime represents less than one percent of all crime.

Macau: VIP casino revenue may dip for second month

VIP gamblers revenue predicted to fall again for August -- the second month that VIP's are cutting back their spend in Macau.

Asian casinos target money laundering

Following US clampdown, Asian casinos and banks will follow suit and implement better surveillance and reporting of money laundering activities.

South Korea: Monks fined for gambling

Two Buddhist monks fined $2,000 for illegal gambling in a secretly filmed poker match.

MGM optimistic on Macau

MGM Resorts International express optimism that Macau government will approve their plan for a new Cotai casino.

Macau cracks down, 150 arrested

150 people have been arrested in Macau clampdown on Triad activity in casinos.

Asia Entertainment & Resources Rolling Chip Turnover down 40.8%

Asia Entertainment & Resources report Rolling Chip Turnover for July 2012 US$1.310 billion, down 40.8% year-over-year.

Macau gambling revenue up 1.5% in July

The rise is a far slower pace than has been the case in Macau over the last few years.

Macao revenue slows

Revenue growth slows in Macau, attributed to China economic slow down and weather events.

Asian casino sector bucks regional trend, shows continued strong growth

An report concludes that Asia’s casino sector continues to perform well, with potential for further growth despite economic slowdown.

Singapore: 74 arrested for illegal soccer betting

Major swoops on illegal football gambling across Asia result in 300 arrests.

LV Sands has cool attractions, but what about those shade trees?

There are 250 trees on the roof of its Marina Bay Sands hotel and casino in Singapore. The SkyPark's forest helps keep the building cool and returns oxygen to the environment.

Wynn Resorts reports second quarter results for 2012

Wynn Resorts saw 7.1% decrease in revenues from Macau Operations and 11.6% decline in Las Vegas revenues for Q2.

Taiwan's first casino seen taking five years or more

Union Gaming GrOup Principal Grant Govertsen, who is based in Macau, told investors Sunday that legalized gaming in Taiwan is at least a half-decade in the offing.

Macao junket operators face challenging times

Macau's junket operators feeling the crunch of China's economy.

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