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Asia News - Page 49

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Macau APT prize pool grows

Elated with the success of its Manila event, the Asian Poker Tour has upped the ante and announced a $1,500,000 guaranteed prize pool for its next event in Macau.

Saab wins RP leg of Asian Poker Tour

International News Brief: Australian national David Saab emerged as the top winner of the 2008 Asian Poker Tour.

AGV film looks at poker in China

Asian Gaming Ventures releases a new documentary film entitled "Holdem China", which investigates the Texas Holdem Poker phenomenon spreading across China.

Las Vegas Sands bets on new Cirque show

International News Brief: Las Vegas Sands Corp. offered a peek at a $150-million Cirque du Soleil show that will open at the Venetian Macao.

Turkey arrests two Sportingbet employees

The detentions appear to be part of a larger crackdown on Suberbahis, Sportingbet's Turkish-facing business.

Hong Kong to Macao ferry service increased

Cotai Waterjets Limited announced today that it has received permission from the appropriate Macao and Hong Kong transportation departments to begin operating its Cotai Strip CotaiJets with increased frequency and at night.

PokerStars Macao opens

PokerStars announces the opening of Macau’s first live poker room - PokerStars Macao.

Another casino proposed for Cambodia

International News Brief: Thaksin Shinawatra is interested in developing another casino and entertainment complex in the Cambodian province of Koh Kong, Cambodian Defence Minister Teah Banh said yesterday.

Genting still eyeing Macao

International News Brief: With Asia expected to provide the largest gaming growth in the world, the Genting Group's head of strategic investments and corporate affairs hasn't given up on setting up a casino in Macau.

MGM Grand Macau underperforming

International News Brief: MGM Mirage, the 50 percent stake holder in the MGM Grand Macau stated its first quarter earnings report that its Macao venue was under-performing and it needed to increase its marketing effort in the mainland.

Top Asian players face off

The top professional poker players with Asian heritage are aiming for nothing less than the top prize at the upcoming Asian Poker Tour Philippines leg this coming May 27 to June 1.

Macau official: Subconcession necessary to save Sands from elimination

A Macau government official said Friday he was faced with a Catch-22 dilemma in late 2002: either split a shared gambling concession between feuding Las Vegas Sands Corp.

Las Vegas Sands lawsuit: Licensing process described

A Macau government official said mainland Chinese leaders had zero input on the steps the Special Administrative Region undertook to liberalize gaming in 2002, which led to Las Vegas Sands Corp. winning a shared gambling license.

Kenilworth sees Macao move as positive

Kenilworth sees Macao's move to halt the issuance of additional gambling licenses for the next ten years as change towards internet gambling.

Ho supports Macao casino slowdown

International News Brief: Last week's announced slowing of casino development and fixing of commission rates for junket operators was welcomed by the director of Sociedade de Jogos de Macau, Stanley Ho Hung-sun.

Former Macao official on trial

International News Brief: The largest corruption trial in the history of gambling enclave Macao has opened, with a former minister accused of taking $100 million in bribes.

Gambling beyond Nevada: No more licenses in Macau

Chinese government to halt concessions; other measures could slow junket-bounty growth.

Macao moves to rein in casino growth

International News Brief: A move by Macao to rein in breakneck casino growth should help established operators by shutting out aspiring rivals, but raises the spectre of Chinese government pressure for more restrictions.

Macao's high rollers break record

International News Brief: If there is a global credit crunch going on, no one told the gamblers in Macau who sent casino takings soaring 62% in the first quarter of the year to 29.8 billion patacas

Adelson fights lawsuit

Las Vegas Sands Corp. Chairman Sheldon Adelson denies owing a Hong Kong businessman millions for helping his casino company win a gaming concession in Macau.

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