Asia News - Page 28

Casino giant Steve Wynn said he's interested in expanding to Singapore, but comments he made back in 2005 might come back to bite him.

Increase in foreigners applying for self-exclusion orders for Singapore casinos.

MGM Resorts wants to have 48 months to sell its 50 percent stake in the Borgata Hotel Casino and Spa in Atlantic City.

Wynn Resorts reported double-digit increases in revenues across the board that helped the company more than double its second-quarter profit.

A Vietnamese official says the country needs to do something to stop Vietnamese citizens gambling abroad.

Macau gaming revenue up 52.4 percent in June.

Steve Wynn and Sheldon Adelson have buried their animosity after years of open antagonism as the two casino giants have publicly complemented each other.

Singapore's Casino Regulation Authority will conduct a full-scale inspection into its two casinos.

Melco Crown Entertainment acquires controlling stake in Macau Studio City.

H2 Gambling Capital has revised its forecast for revenues for the online gambling sector down from €25.0 billion to €23.76 billion, a growth rate of just 4.4 percent rather than the original 10.2 percent it predicted earlier this year.

A Hong Kong newspaper said expiring gaming concessions will lead to "uncertainty awaiting companies who are still considering deploying capital into Macau."

Macau looks likely to maintain lead as world's top gambling destination, with Singapore overtaking Las Vegas in second.

The illegal gambling syndicate was alleged to be taking bets on horseraces.

South Korea expands football match-fixing investigation, after 5 arrests.

MGM China shares rose a mild 2 percent on Friday.

The opening of the Galaxy Macau sent the Chinese territory's gaming revenues to an all-time high of $3 billion.

MGM Resorts International's initial public offering on the Hong Kong Stock Exchange raised $1.4 billion in Asian markets.

MGM China raises $1.5bn, Pansy Ho the main beneficiary selling 21 percent of her stock.

Resorts World Sentosa were fined last week for breaches under the Casino Control Act related to surveillance and the entrance levy.

Four investors invest $190 million during MGM China's $1.5 billion public offering in Hong Kong.