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Asia News - Page 47

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Horse racing charges back into China

International news brief: Biggest horse race since 1949 will take place this week at China's Orient Lucky City racetrack.

Galaxy pushes back Macau casino opening to 2010

International news brief: US casino giant says delay is due to difficult market concerns and comes after Las Vegas Sands halts projects in the territory.

Hong Kong man given 8-years in jail for running online gambling websites in SW China

International news brief: Hong Kong man sentenced to eight years and fined 20 million yuan (2.9 million U.S. dollars) in southwest China's Yunnan Province.

MGM Mirage to develop casino in Vietnam

MGM Mirage announced today it is teaming up with an Asian development company to build a "Las Vegas-style" casino in Vietnam.

Korean casino shares drop as country plans to curb gambling

International news brief: Shares of Kangwon Land, the operator of South Korea's only casino open to local citizens, dropped 15 percent.

$6 million bet illegal, lawyer says

International news brief: A lawyer has called a US$6 million wager, that a South Korean builder couldn’t complete Vietnam’s tallest tower on schedule, illegal.

Taiwan to okay casinos

International news brief: Taiwan's parliament is set to legalise gambling on a group of offshore islands as soon as year end, legislative sources said on Monday.

Gaming expansion said to continue in Asia

International news brief: Massive layoffs of construction workers in China and the suspension of multibillion-dollar projects in Macau have not dimmed the potential for the expansion of gaming in other Asian markets.

Macau gaming suffers in struggling economy

Asia's gambling Mecca has seen revenues drop and projects suspended as the financial crisis begins to take its toll.

LV Sands to cut 11,000 jobs at Macau

International news brief: The gaming giant is cutting 11,000 construction jobs as it halts a huge development in the Chinese city.

Macau boss calm as gaming suffers

International news brief: Macau's Chief Executive outlines measures to help small businesses and says territory will survive the gambling industry's woes.

Singapore won't bail out Las Vegas Sands's project in city

International news brief: Singapore's government won't bail out the casino-resort being built by Las Vegas Sands Corp.

Completing Singapore casino number one priority for LV Sands

News brief: The Marina Bay Sands is set to open by the end of next year despite the gaming giant halting some developments in Macau.

No indication of default from Las Vegas Sands: DBS Group

News brief: Las Vegas Sands intends to finish a casino project it is building in Singapore, lender DBS Group said Friday.

Asian Pacific Poker Tour to head to Manila

Many of Asia's top poker pros to compete at the exclusive Hyatt Hotel and Casino.

Wynn profit rises 14 per cent in 3Q

International news brief: Wynn Resorts said third-quarter profit rose 14 percent as increased gambling in Macau made up for declines in Las Vegas.

G2E Asia 2009 to introduce fine wines and dining pavilion

New pavilion to feature the latest in food and beverage trends and services for the gaming entertainment industry.

Singapore casino opening to be delayed

International news brief: The Marina Bay Sands resort is several months behind schedule and was due to open at the end of 2009.

Casino staff to launch week-long agitation

International news brief: Kathmandu casino workers to launch week-long agitation against frequent police raids, which adversely affect their business.

Crackdown on game parlours in Abu Dhabi

International news brief: The Abu Dhabi Economy and Planning Department has intensified inspections at game and video parlours at hotels across the emirate.

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