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Asia News - Page 26

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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%.

Macao January gambling revenue up 35 percent

Macau's January revenue boosted by Chinese New Year visitors and celebrations.

Marina Bay Sands seeks to recover gamblers debts

Marina Bay Sands pursuing gamblers, who allegedly owe $1 million, through the courts.

Macau headed for another record-breaking month

Union Gaming Group principal Grant Govertsen predicted that when January’s gaming revenue totals in Macau are counted, it would break last October’s single month record of $3.4 billion.

Melco Crown shares rise on rumoured loan

Melco Crown Entertainment shares rise on rumour it's seeking a loan to finance a new Macau property.

Macau limiting slots-only casinos

The Macau government has implemented new regulations that will keep slot machine parlors from operating in residential parts of the city.

South Korea: $3 Billion casino-resort planned for airport

New US$3 Billion casino-resort planned for South Korea's main airport.

Israel: Banks instructed not to provide service if illegal gambling suspected

Israel's bank do not have to provide service to online gambling websites they suspect of involvement in illegal gambling under new directive.

Asia Entertainment & Resources report US$1.756 billion rolling chip turnover for December

Rolling Chip Turnover for the month of December 2011 at the company’s VIP rooms in Macau was up 31% year-over-year.

Macau gaming revenues $33.5 billion last year

Macau's 2011 gaming revenue total surpassed the combined casino revenues produced by the top 20 U.S. commercial casino markets in 2010.

Singapore casinos gear up for Chinese New Year

Singapore's two casino are anticipating large crowds for Chinese New Year.

North Korean casinos close for period of mourning

North Korea's Emperor Hotel & Casino has closed temporarily for the national mourning of Jim Jong II.

Asia Pacific Poker Tour to add stop in Seoul

The PokerStars Asia Pacific Poker Tour will set up shop in Seoul, South Korea from March 7-11 at the Paradise Walkerhill Casino.

Japan to embrace gambling

150 lawmakers to propose legislation that would allow slots and table games at hotels and restaurants in Japan.

Proposed Miami casino could deal blow to Vegas

A potential casino complex in Miami could siphon an estimated $1 billion to $2 billion in annual gaming revenues away from the Las Vegas Strip.

Macau gaming revenues shatter last year's record

Macau's 34 casino collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.

Macau gaming market still red hot

In 2010, Macau produced $23.5 billion in gaming revenues, more than five times the total on the Las Vegas Strip.

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