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Asia News - Page 55

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Las Vegas Sands' effort hits snag in court

A District Court judge has set back efforts by casino operator Sheldon Adelson to keep sealed pretrial depositions and other business information that his attorneys said could threaten the billionaire's growing Chinese operations.

Wynn's shares tumble

News Brief: Shares in his Wynn Resorts tumbled nearly 10 percent after a casino analyst at Morgan Stanley said Wynn had wildly overestimated the action he expected at his extravagant new Wynn Macau casino.

Singapore company wins Philippines casino bid

International News Brief: A Singapore-based company has won the Bureau of Internal Revenue's bidding for M/V Philippine Dream, a floating casino in Cebu, Philippines.

Gambling loss case involving APB begins in High Court

International News Brief: Asia Pacific Breweries Singapore will appear in court to answer claims made by four foreign banks on their financial losses arising from bogus loans obtained by their former finance manager.

Catching up to Las Vegas

When the Macau government opened its gambling market to foreign investment a few years ago, it sought companies that could help transform the Chinese seaport into a top luxury resort destination.

Packer plans third Macau casino

International News Brief: James Packer's third Macau casino, Trinity, is expected to cost at least $675 million and open in late 2010.

GPI delivers Wynn Macau order

Gaming Partners International Corporation has completed delivery of Bourgogne et Grasset gaming chips with Magellan/PGIC 13.56MHz RFID for the recently completed expansion of Wynn Macau.

Elixir delivers Philippines order

Elixir Gaming Technologies has delivered agreements for the placement of 700 slot machines to Manila Prince Hotel & Casino and Isis Slot Club in the Philippines.

Venetian Macau uses GPI chips

Gaming Partners International Corporation reports that the Venetian Macau opened on August 28, 2007 with GPI's high security chips in use on all 870 tables in the casino.

Casino magnate promises to return looted sculpture to China

International News Brief: Casino magnate Stanley Ho has paid $8.9 million Cdn for a bronze horse head from China's imperial palace and says he will return it to China.

Shuffle Master reports Macau malfunctions

Shuffle Master, Inc. reports that Macau Gaming Inspection and Coordination Bureau ordered that a number of Stargames’ slot machines be turned off at various casinos and slot halls in Macau.

Harrah's acquires Macau Orient Golf

Harrah's Entertainment, Inc. reports that its subsidiary, Harrah's Operating Company, Inc., has acquired Macau Orient Golf.

Jeff Simpson on reducing the number of illegal workers

Jeff Simpson on federal Homeland Security Department plans to begin enforcing workplace regulations that will require businesses to screen their employees to make sure their Social Security numbers match their names.

Everest Casino offers Arabian Nights promotion

Everest Casino today announced that the online casino was beginning a month-long promotion that gives players the chance to win an expenses-paid trip to Dubai, UAE.

Venetian Macao a top must-see destination

Since opening to the public, The Venetian Macao-Resort-Hotel has continued to attract an unprecedented amount of visitors.

Taiwan's first casino plans revealed

International News Brief: Amazing Holdings Plc, a development company helmed by Nevada gambling tycoon Larry Woolf, said it will start building a $50 million five-star resort in January as part of a plan to win Taiwan's first casino license.

Sands, Wynn get boost from Macau

Interest in the growing Macau casino market fueled investors' actions regarding shares of Las Vegas Sands and Wynn Resorts during August.

INSIDE GAMING: Singapore project to cost Sands more

A day after opening the $2.4 billion Venetian Macau in China, Las Vegas Sands Corp. officials said costs had risen on the company's Singapore project.

Crowds welcome Venetian Macao opening

International News Brief: On August 28th the Venetian Macau, the world's biggest casino, opened its doors to an ocean of people eager to get to its tables.

Singapore casino costs expected to soar

International News Brief: The cost of Singapore's first casino development could balloon by up to 40 percent in a struggle to keep the project on budget, reports said Wednesday.

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