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Asia News - Page 51

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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. partners with G2E Asia is an official online travel company for this year's G2E Asia.

Taiwan looks to open up gambling

President-elect Ma Ying-Jeou has pledged to open up the island nation’s gambling business by revising the current Statute for Offshore Island Development.

Waterfront Philippines plans new casino

International News Brief: Waterfront Philippines Inc. plans to put up a 2,500-room hotel and casino facility within the 40-hectare Bagong Nayong Pilipino-Manila Bay Integrated Tourism City on the reclaimed area.

Growth in Macau offsetting "weak" Vegas market

News Brief: The performance of casino mogul Steve Wynn's Macau property is making up for any weakness in the Las Vegas market as a result of the US economic slowdown, an analyst said last week.

Star Cruises, Alliance Global team up

International News Brief: Star Cruises plans to team up with Alliance Global Group to develop hotels and casinos in the Philippines.

Cotai development reaches milestone

Melco PBL Entertainment Limited topped out the Hard Rock hotel and the main podium of its mega-project City of Dreams in Cotai, Macau today.

Gambling revenue makes Macao richest in Asia

International News Brief: Surging gambling revenue and investments in luxury hotels and the entertainment industry has made Macao Asia's richest territory, a media report said Saturday.

Macau casino employment numbers drop

International News Brief: The number of workers employed in Macao's gaming industry has fallen for the first time since a bi-annual survey was introduced in 2004, figures revealed yesterday.

Titan Poker sends players to APT

Titan Poker will stage its Asian Poker Tour Manila Super Satellite Series this spring.

Scientific Games launches Beijing Olympic lottery tickets

Scientific Games reports the successful launch of Olympic themed instant lottery tickets by the China Sports Lottery in the People's Republic of China.

ILTS delivers Malaysia order

International Lottery & Totalizator Systems, Inc. has completed delivery of new Intelimark FLX terminals to Sports Toto Malaysia.

Gaming exec: Taiwan an untapped frontier

Taiwan's presidential campaign has revived discussion about legalizing casinos on the island, which is good news for Larry Woolf and his Las Vegas-based Navegante casino management team.

Macao casinos begin year strong

International News Brief: The new year began with a record month for Macao gaming with receipts climbing to more than 10 billion patacas for the first time.

Star Wars slot launched in Manila

IGT-Asia has announced the launch of Asia’s first Star Wars progressive slot at the Almond Slot Club in Manila.

Macau university offers casino exec course

International News Brief: Upcoming Macau gaming executives will learn how to handle enthusiastic Chinese gamers and casino halls filled with new year holiday crowds at a course to be offered for the first this year.

GPI completes MGM Grand Macau order

Gaming Partners International Corporation reports that it completed delivery of over 2 million Bourgogne et Grasset gaming chips and 25,000 plaques for the opening of MGM Grand Macau.

Astro issues new shares

International News Brief: Astro, a Taiwan-based developer of arcade/casino gaming machines, will issue 6.50 million new shares to raise an estimated US$13.4 million.

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