Asia News - Page 64
Nepal's casino king told to leave
10 January 2007
International News Brief: A New Delhi chartered accountant who became known as Nepal’s casino king after establishing a network of seven casinos here has been given marching orders after incurring the displeasure of the royal family, a report said.
South Korea approves new casino measures9 January 2007
nternational News Brief: The South Korean Cabinet approved new measures making it mandatory for casino owners to report any suspicious money-laundering activities to the government.
PacificNet Games, Euro Games sign deal4 January 2007
PacificNet Games has signed an exclusive distribution agreement with Euro Games Technology for all EGT's gaming products in Macau and elsewhere in Asia.
Casino City Gaming Stories of the Year2 January 2007
The Casino City Editorial staff announces their 2006 Gaming Stories of the Year.
Casino City's Person of the Year29 December 2006
No, the editorial staff didn't select "You" as the Casino City Person of the Year, but our selection may be just as controversial.
Macau's casino revenues over US$6.25 billion in 200627 December 2006
International News Brief: Gross gaming revenues could exceed 50 billion patacas (US$6.25 billion), says Macau's Secretary of State for Economy and Finance.
Playtech signs deal with Chinese group20 December 2006
Playtech has agreed to a landmark five year software licensing agreement with China's leading gaming group: Sino Strategic International.
Demand for Melco PBL IPO strong19 December 2006
nternational News Brief: Melco PBL Entertainment, a developer of casinos and resorts in Macau, yesterday priced its initial public offering on the Nasdaq Global Market at US$19 per share, more than expected due to strong demand.
PacificNet receives more Macau orders19 December 2006
PacificNet Games Limited has received orders from two more casinos in Macau, China for multi-player Electronic Gaming Machines.
Adelson funds Israel birthright program12 December 2006
International News Brief: Casino magnate Sheldon Adelson and his physician wife Miriam have announced that they will pay for 2,000 young Jewish adults to take part in the Taglit-birthright Israel program.
Genting wins second Singapore license8 December 2006
News Brief: Malaysian gambling and leisure group Genting Bhd. has won the licence to build and run Singapore's second casino resort, the city-state said on Friday.
Online casino exec offers $1 billion for peace7 December 2006
nternational News Brief: Israeli online casino magnate, Avi Shaked, has offered $1 billion dollars to Palestinian Prime Minister Ismail Haniye if he reaches a peace agreement with his Israeli counterpart.
VendingData receives Macau order7 December 2006
VendingData Corporation has received an initial order from Elixir Group Macau for approximately 800,000 Dolphin high frequency casino chips for the Crown Macau Casino.
Genting confident in Singapore Bid6 December 2006
International News Brief: Genting Bhd is confident of winning Singapore's second casino licence and expects an announcement on the winning bid this week, said president, chairman and chief executive Tan Sri Lim Kok Thay.
South Korean scandal grows5 December 2006
International News Brief: Prosecutors are questioning two former officials from the Ministry of Culture and Tourism over suspicions that they took bribes from a company issuing state-licensed vouchers used for payouts at video game arcades.
Holiday Inn Macau chooses PacificNet Games5 December 2006
PacificNet Games Limited has been selected by Holiday Inn Macau Casino to provide multi-player electronic gaming machines.
Jeff Simpson talks to an upbeat Steve Wynn about good times for his resort properties4 December 2006
Steve Wynn was feeling very good about Wynn Resorts when Jeff Simpson met with him last week at Wynn Las Vegas.
Packer a longshot for Singapore bid4 December 2006
International News Brief: James Packer's Publishing and Broadcasting Ltd is facing an uphill battle to win the right to Singapore's second casino.
Kerzner reveals funding plans30 November 2006
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 team28 November 2006
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.
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