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Asia News - Page 24

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Macau: Galaxy profits up

Galaxy Entertainment reports healthy profits in 2011.

South Korea: 31 arrested in volleyball match-fixing scandal

Match-fixing scandal involves 23 matches, 31 people arrested.

Gaming industry staying away from Las Vegas Strip

The industry is focusing on nongaming attractions instead of resort expansion along the Strip for the rest of the decade.

Singapore: Govt looking at targeted measures to deter problem gamblers

The Singapore government is investigating possible interventions such as circuit breakers to deter and protect gambling addicts.

Indonesia: Five men publicly caned for gambling

Five men receive six lashes each in public caning over gambling.

Macao: Gaming growth expected to slow in 2012

Macau government expect revenue growth to slow in 2012.

Asia Entertainment & Resources announce 37% increase in rolling chip turnover for Feb 2012

Rolling chip turnover up 37 percent in Feb to US$1.910 billion compared to Feb. 2011.

Singapore wants casinos to promote responsible gaming

Pressure is mounting on Singapore's casinos to be more pro-active around responsible gaming.

MGM Resorts shrinks fourth quarter net loss

MGM Resorts reduced its net loss in the fourth quarter, telling investors that revenues improved at the company's Strip resorts.

Wynn Macau releases statement on Okada removal

Wynn Macau's Board of Directors voted unanimously to remove Kazuo Okada from the Board effective immediately.

Wynn Resorts board removes Okada

Wynn Resorts CEO Steve Wynn has ousted former business partner Kazuo Okada from the board of Wynn Macau casino.

Melco express interest in Manila casino

Melco Crown reportedly "very interested" in investing in a Manila casino project.

MGM to build nongaming hotel in China

MGM Resorts said it will build and operate a 200-room hotel with retail and entertainment in Shanghai.

Florida casino supporters vow to continue fight

Supporters of legislation that could land three casinos in South Florida weren't overly disappointed when state lawmakers canceled a planned vote on the controversial bill.

Macao: Mega jackpot won at the Sands

HK $21 million jackpot won by slot player on a 5 Dragons slot machine.

SEC wants Wynn Macau University donation details

SEC conducting an informal inquiry into Wynn's University of Macau donation.

Two Macau land grants could be approved this year

A Macau government official said two applications for land grants on the Cotai Strip requested by casino operators could be approved this year.

Nevada looks towards the Far East

Nevada casino company executives are traveling to Japan, Vietnam, Korea, the Philippines, Thailand and other potential casino destinations to find the next Macau or Singapore.

Florida lawmakers end expanded gambling push

A Florida legislator withdrew a bill that would build three Las Vegas-style hotel-casinos in the southern part of state Friday.

Wynn Resorts reports Q4 and year end 2011 results

Net revenues for the year ended 2011 increased 25.9%.

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