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Asia News - Page 49

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SJM debuts on Hong Kong exchange

International News Brief: This week sees the long-awaited listing debut of billionaire tycoon Stanley Ho's Macau casino operations in Hong Kong.

Las Vegas Sands seeks to raise billions

News Brief: Las Vegas Sands Corp. is seeking to raise $7 billion in loans for its Macau project.

IOC to monitor suspicious gambling

International News Brief: The International Olympic Committee has introduced new anti-gambling measures to quash any suspicion about results at the Olympic Games in China.

MGM announces nongaming hotel project in China

MGM Mirage and its Chinese joint-venture partner announced their first nongaming hotel project in mainland China on Wednesday.

Packer expected to enter Philippines deal

International News Brief: James Packer is expected to sign a $1.5-billion deal to build a hotel and casino resort in the Philippines.

Macao ferry service adds more sailings

Cotai Waterjets Limited reports that beginning on June 10, 2008 the Cotai Strip CotaiJet high-speed ferry service will initiate evening sailings and operate with more frequent service during important peak hours.

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.

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