Asia News - Page 52

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

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.

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.

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

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

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.

Macau.com is an official online travel company for this year's G2E Asia.

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.

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.

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.

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

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.

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.

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

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

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

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.

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.