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Asia News - Page 57

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Former Vietnamese transport official faces trial for gambling

International News Brief: Former employee of Vietnamese Transport Ministry on trial for gambling and bribery charges.

Former MGM head hired for Taiwan project

International News Brief: The former chief executive of the MGM Grand hotel in Las Vegas has been hired to run a £350 million casino resort off the Taiwan coast being developed by three Scottish businessmen.

Melco Entertainment extends Macau purchase deal

Melco PBL Entertainment has negotiated an extension to its agreement to purchase its Macau Peninsula site.

GCA provides system for Venetian Macao

GCA S.A., a subsidiary of Global Cash Access Holdings, Inc., will provide state-of-the-art cash access services to The Venetian Macao Resort-Hotel.

Vietnamese casino IPO delayed

International News Brief: The Taiwan-backed operator of Vietnam's biggest casino said Thursday it had delayed its initial public offering to next month due to procedural problems in its application to list on the Ho Chi Minh Stock Exchange.

Scientific Games acquires interest in Guard Libang

Scientific Games has signed agreements to acquire a 50% interest in the ownership of Guard Libang,a leading provider of instant lottery ticket cooperative services in China.

Macau's record casino revenues challenge greater Las Vegas

International News Brief: Gaming revenues in Macau shot up 50 percent year-on-year in the second quarter of this year, as the southern Chinese gambling haven gets ever closer to overtaking the greater Las Vegas region.

Crown Macau fully operational

Melco PBL Entertainment reports that as of July 14, 2007 Crown Macau Hotel Casino became fully operational.

Wynn: Macau is safe bet

International News Brief: Macau, says billionaire Steve Wynn, is the safest bet on Earth.

Vietnamese casino owner aims to raise funds

International News Brief: Royal International Corp, operator of Vietnam's biggest casino Halong Casino, aims to raise about $100 million from its debut listing on July 20, a company official said on Thursday.

Women top Japan Cup qualifiers

Everest Poker has announced that two of the June Everest Poker Japan Cup qualifying tournament winners were women.

PacGames awarded Philippines license

PacificNet, Inc. reports today that its subsidiary PacGames Limited has been granted an Internet gaming license by the First Cagayan and Cagayan Economic Zone Authority (CEZA) of the Philippines.

Inside gaming column: W died, but Edge may have new plan

Edge Group's dreams of building a large resort along Harmon Avenue may have new life, a Reuters report from Israel suggests.

Wynn Macau president leaves

Wynn Resorts Ltd. on Tuesday announced Wynn Macau President Grant Bowie will leave the company Friday after nearly four years with the company.

Teach youths about risks of excessive gambling: experts

International News Brief: International studies show youths are two to four times more susceptible to problem gambling compared to adults.

Wynn Macau president replaced

Wynn Resorts, Limited reports that Ian Coughlan has been named the new President of Wynn Macau.

Gambling 101: Macau students get Vegas lesson

University of Macau gaming management students have been in Las Vegas attending workshops at the University of Nevada, Las Vegas' International Gaming Institute and touring local gaming properties.

Playboy plans Macau casino

International News Brief: Playboy Enterprises Inc. will open a gaming complex in Macau next year, as China's rising incomes fuel growth in the only place in the country where casinos are legal.

U.S. faces seven compensation claims in WTO online gambling case

Casino City has confirmed that seven compensation claims have been filed against the U.S. in its ongoing WTO online gambling case with Antigua and Barbuda.

Venetian Macau will open on Aug. 28

The $2.4 billion Venetian Macau, the Chinese gaming enclave's largest hotel-casino, will open Aug. 28 after a more than two-year building process, Las Vegas Sands Corp. said Wednesday.

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