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Asia News - Page 28

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Wynn sets sights on Singapore

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.

Singapore: More foreigners seek self-exclusion orders

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

MGM Resorts wants more time to sell Borgata stake

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 sees major jump in profits

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

Vietnam wants to curb citizen gambling in Cambodia

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

Macau's June gaming revenue up 52 pct

Macau gaming revenue up 52.4 percent in June.

Wynn, Adelson smooth over contentious relationship

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: Casino Regulatory Authority to implement full-scale checks on casinos

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

Melco Crown buys second Macau casino

Melco Crown Entertainment acquires controlling stake in Macau Studio City.

H2 predicts slow growth for online gaming in 2011

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.

Report says there is "uncertainty" in Macau

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

Macau keeps gambling destination top spot

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

Singapore: 9 arrests in illegal gambling syndicate raid

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

S.Korea investigates football match-fixing

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

MGM China shares rise 2 percent

MGM China shares rose a mild 2 percent on Friday.

Macau gaming revenues hit $3 billion in May

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

MGM IPO raises $1.4 billion in Macau

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 in share flotation

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

Resorts World Sentosa fined over four breaches

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

Macau's MGM China gets lift from investors

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

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