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Asia News - Page 63

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Kerzner reveals funding plans

International News Brief: Kerzner International Ltd, one of three bidders for Singapore's second casino-resort, said it would fund the US$3.4 billion proposal through debt and equity if it wins the concession.

Packer casino adds Pele to team

International News Brief: James Packer's $4.7 billion Singapore casino bid is offering to set up a soccer school run by football star Pele, and to create a reef designed by the grandson of Jacques Cousteau.

South Korea bans video game arcades

International News Brief: Minister of Culture and Tourism Kim Myung-gon Friday said that the government will ban video game arcades from using gift certificates for payouts in April next year as part of the efforts to eradicate illegal gambling.

Officials named in South Korean gambling scandal

International News Brief: The South Korea’s Board of Audit and Inspection has forwarded to the prosecution a list of 36 people, including former and incumbent government officials, who it said are involved in the video arcade gambling machine scandal.

Thai official wants lottery law delayed

International News Brief: National Legislative Assembly member Chamlong Srimuang handed a letter to Prime Minister Surayud Chulanont this afternoon, asking him to slow down the process to make two- and three-digit lottery operations lawful.

Hong Kong casino plan rejected

International News Brief: The local government has refused to consider building a casino anywhere in Hong Kong, siding with majorities in both the functional and geographical constituencies in the Legislative Council.

Thai online baccarat den busted

International News Brief: The Bangkok police raided a TV production house opposite the Crime Suppression Police headquarters, which doubled as a gambling den for internet baccarat players.

4 ex-Yamato workers held over gambling

International News Brief: Four former employees of an affiliate of Yamato Transport Co., a major delivery company, have been arrested on suspicion of gambling on professional baseball games at their offices, police said.

Indonesian official dismisses legalized gambling idea

International News Brief: Governor Sutiyoso has dismissed the idea of legalizing gambling in Kepulauan Seribu regency, a concept rekindled from the 1960s administration of former governor Ali Sadikin, which is currently being floated at the City Council.

Morton's to open at Macau Venetian casino

A new Morton's Steakhouse fine- dining restaurant will be opening in the Macau Venetian Casino Resort.

Nevadan at work: Tourism official works to show Chinese that Nevada is more than Las Vegas

Karen (Hongxia) Chen, who studied English in Reno and learned to ski at Lake Tahoe, works in Beijing for the Nevada Commission on Tourism.

The Venetian Macau hosts World-Class Basketball

Las Vegas Sands" Venetian Macau will host the upcoming exhibition basketball game between the Chinese National Men's Team and the National Basketball Association Development League's Albuquerque Thunderbirds.

PGI approved for Progressive Baccarat in Macau

Progressive Gaming International Corporation has received approval for its Progressive Baccarat table game. Progressive Baccarat combines the excitement of Baccarat with the Company's progressive technology.

Wynn Resorts Expands in Macau

Wynn Resorts, Limited announced today the further expansion of Wynn Macau.

Singapore gaming: Island dreams

Mark Advent, the man behind the New York-New York megaresort on the Strip that helped change the face of Las Vegas, is hoping to bring some of his creativity to Singapore.

PGMI opens new store

PGMI, Inc.reports the successful grand opening of the newly completed Bando store in Japan's Ibaragi Prefecture.

Venetian Macao capacity increased

Las Vegas Sands Corp. reported increases in the projected gaming capacity planned for its developments on the Cotai Strip.

Eighth Wonder proposal revealed

Eighth Wonder, a Las Vegas casino developer vying to build Singapore's second casino-resort, Tuesday unveiled its proposal which included wedding pavilions designed by Vera Wang and a soccer stadium named after soccer legend Pele.

Singapore license announced in December

nternational News Brief: The winning bid for a multi-billion-dollar casino complex on Singapore's resort island Sentosa is to be announced in early December, National Development Minister Mah Bow Tan said in remarks published today.

PBL, Melco buy land for third casino

International News Brief: Publishing and Broadcasting Limited and its Hong Kong partner Melco are believed to have paid $260 million to buy the land for their third Macau casino.

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