Asia News - Page 24

Singapore to introduce casino visit caps for locals whose gambling habits create financial dire straits.

The Matsu island chain of Taiwan approved the government’s plans to build a casino by a 57 percent to 43 percent margin. The vote is expected to attract the interest of America’s largest casino companies, all of which are seeking lucrative gaming opportunities throughout Asia.

Singapore intends to implement safeguards that protect against gambling addiction.

Rolling Chip Turnover for the month of June 2012 at the company’s three VIP rooms in Macau was US$1.365 billion, down 9% year-over-year.

Speculation that visa restrictions and limits on Chinese credit cards may be major causes for the recent Macau growth slowdown.

Macau revenue growth slowing, but still up 12.2 percent for June.

Melco Crown to develop Manila casino in joint venture with Belle Corporation.

Laws favor local workers hence Macau's students are training and studying hard for the plethora of employment opportunities in casinos.

Cantor Fitzgerald aims to operate sports books in Macau casinos.

China clamping down on football gambling, offering rewards for public tip-offs.

60 arrests made in Euro 2012 illegal gambling sweep in Bangkok, Thailand.

Rolling Chip Turnover for the month of May 2012 at the company’s three VIP rooms in Macau was US$1.559 billion, up 14% year-over-year.

For the first time in almost three years, Macau casinos in May didn't post the double-digit monthly increase that investors and analysts have come to expect.

May gambling revenue figures detailed a 7.3 percent revenue increase, which could indicate the long-predicted slowdown has commenced.

Macau still holds world's top casino revenue spot, despite slowdown in Chinese economy.

Dreamworld Casino in Pailin will welcome mass market and VIP premium players visiting from the surrounding areas.

Las Vegas Sands not inclined currently to work with licensed junket-operators, but did not rule out the possibility entirely.

Phase two of Galaxy Macau's resort plan will include 1,300 new hotel rooms and 500 more gaming tables.

Increased entry options into Macau to include airline service between Macau and Vietnam and additional ferry routes from Hong Kong.

Before the economy tanked and the Strip's building boom went bust, the development of multibillion-dollar hotel-casino projects centered on Las Vegas. Now those resorts are being built elsewhere.