Asia News - Page 48
MGM Mirage to develop casino in Vietnam
19 November 2008
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 gambling18 November 2008
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 says17 November 2008
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 casinos17 November 2008
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 Asia17 November 2008
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 economy17 November 2008
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 Macau13 November 2008
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 suffers12 November 2008
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 city12 November 2008
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 Sands11 November 2008
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 Group10 November 2008
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 Manila4 November 2008
Many of Asia's top poker pros to compete at the exclusive Hyatt Hotel and Casino.
Wynn profit rises 14 per cent in 3Q3 November 2008
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 pavilion30 October 2008
New pavilion to feature the latest in food and beverage trends and services for the gaming entertainment industry.
Singapore casino opening to be delayed30 October 2008
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 agitation27 October 2008
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 Dhabi27 October 2008
International news brief: The Abu Dhabi Economy and Planning Department has intensified inspections at game and video parlours at hotels across the emirate.
Stock market rattles Las Vegas Sands23 October 2008
International news brief: Questions have been raised about the health of the US gaming company building Singapore's Marina Bay Sands resort.
Macau's star dims as casino revenues dive 10 percent21 October 2008
International news brief: Macau's gaming revenues fell a tenth in the third quarter as Chinese travel curbs and slowing economies cooled the gaming haven's three-year boom.
Macau casino faces delay in opening16 October 2008
International news brief: Macau casino joint venture tipped to delay opening by three months amid a downturn in the world's largest casino market.
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