Asia News - Page 53

A selection of news and views from inside the industry this week.

International News Brief: In Q4, 23 Macao hotel projects were under construction while 33 others were subject to examination and approval by the authorities.

International News Brief: Macao's current gaming laws should be amended in a bid to strengthen the gambling regulations of relatives of casino employees, said lawmaker Angela Leong On Kei, on Tuesday.

Macau.com is offering free second night stays in March for selected hotel bookings made on Macau.com.

The one-day drop of nearly $9 per share in the value of Wynn Resorts Ltd., less than 24 hours after the company reported earnings, was expected, according to Wall Street analysts.

Wynn Resorts Ltd. showed its reliance on the Macau gambling market Tuesday.

International News Brief: Macau’s real success, big enough to justify the billions invested, won’t be as Asia’s Las Vegas but as the world’s only Macau.

The financial windfall that arrives with Chinese New Year is only a fraction of what’s in store for Las Vegas.

International News Brief: Genting International Plc says its Resorts World at Sentosa Pte Ltd has secured 4.2 billion Singapore dollars in funding for the development of its casino resort project on Sentosa island.

Casino de Genting in Malaysia tops our list with 13,000 employees in the fold, but the two Connecticut-based casinos aren't far behind while four Las Vegas properties make the cut.

The India Poker Tour will take place in Autumn 2008 and comprises four fabulous tournaments that will attract some of India’s and the world’s best players to do battle for their share of an expected $1 million.

Melco PBL Entertainment reports that Crown Macau, has won the “Best Casino Interior Design Award” in the 1st “International Gaming Awards 2008” recently held in London, UK.

Scientific Games reports that it has signed a contract for the manufacturing of instant tickets with China Sports Lottery Printing, Ltd.

Macau Success Limited reports the grand opening of its flagship project, Ponte 16, a world-class integrated casino-entertainment resort on 1 February 2008.

International News Brief: Uber-rich VIPs are now gambling $8 billion a month in James Packer's once problem-plagued Crown Macau casino, somewhat reviving its fortunes.

Already having opened a Chinese hotline to offer world-class customer service last year, Bodog is stepping up its effort by launching a brand new Chinese web page to assist its increasing number of Chinese customers.

International News Brief: Macau casinos have the tightest and most modern security of all the world's gaming venues, said the chief of the Gaming Inspection and Co-ordination Bureau yesterday.

International News Brief: Asia's casinos need strong internal controls and surveillance to guard against organized efforts to cheat them, a member of the Nevada Gaming Control Board said Wednesday.

International News Brief: Interpol plans to launch a second operation to curb illegal soccer gambling in Asia soon

International News Brief: Gaming revenues in the southern Chinese territory of Macau soared last year, beating expectations and rivalling proceeds from the Las Vegas region.