Asia News - Page 22

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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