Asia News - Page 64

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

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.

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.

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.

International News Brief: Big US corporations are already operating casino destinations in Macau, and industry leaders say Singapore and China have developed a good strategy to compete.

International News Brief: Macau has become the world's top gambling destination, analysts said Wednesday, after the latest earnings figures from the southern Chinese territory showed it had probably topped Las Vegas.

With the fallout of the tightened gaming and gambling laws in the US now becoming clear it is with interest that the gaming industry looks further a field for new long term revenue streams with Mobile Gambling set to be a major strategy in the Asia Pac region .

International News Brief: Leighton Holdings is hoping to get another $US1.5 billion ($1.9 billion) casino construction deal in Macau from Las Vegas casino veteran Steve Wynn.

nternational News Brief: The government of the Macao Special Administrative Region collected 14.18 billion in direct gaming taxes in the first nine months of the year, a year-on-year rise of 13.4 percent.

International News Brief: Analysts say reknowned architect, Frank Gehry, gives Kerzner an edge over its two rivals.

International News Brief: Bets on foreign soccer matches will become legal next year in betting-crazy Vietnam.

International News Brief: Hong Kong investors are betting on Cambodia’s NagaCorp., which on Wednesday floated the first initial public offering for a gambling company in Hong Kong.

International News Brief: Galaxy Entertainment Group Ltd. opens its StarWorld casino in Macau tomorrow, posing another threat to Stanley Ho's dominance in the city's gaming industry six weeks after Wynn Resorts Ltd. opened a $1.2 billion hotel-casino.

International News Brief: CapitaLand Ltd and Kerzner International Holdings have decided to name their joint venture "Alantis Sentosa" if they are successful in their bid for a Singapore casino license.

Melco PBL Entertainment has entered into a Memorandum of Understanding with The Leighton-China State-John Holland Joint Venture as the main contractor for its flagship resort in Macau.

International News Brief: Israel has opened its first licensed horse-racing track, but betting was suspended on the opening race at the Nir Yaffe Stadium.

nternational News Brief: A pilot horse race lottery might be launched before 2008 in China with Wuhan as one of the candidate cities, according to a report by China News Service.

International News Brief: Genting Bhd got five banks to lend close to US$1.5 billion for its proposed Singapore casino project, according to Bloomberg.

One of the world’s best poker players, Gus Hansen, will challenge for the Betfair Asian Poker Tour’s inaugural event in Singapore.

International News Brief: Publishing & Broadcasting Ltd. shares fell yesterday on the news it has joined a consortium bidding for the second Singapore casino.