Asia News - Page 65

A selection of news and views from inside the industry this week.

Harrah's Entertainment officially ended its 20-month-long quest to build a casino in the city-state of Singapore, announcing Friday that it would not submit a bid proposal for a site at Sentosa Island.

International News Brief: Three consortiums are expected to bid formally on Oct 10 to build and run Singapore's second casino project, a day after giving their proposals to authorities.

Isle of Capri Casinos, Inc. reports a revised agreement in connection with resort developer Eighth Wonder's proposal to build an integrated resort complex on Sentosa Island in Singapore.

Harrah's Entertainment, Inc. and Keppel Land) today issued a statement regarding the companies' decision not to submit a bid proposal for the Singapore Tourism Board Sentosa Island integrated resort project.

The first casualty stemming from this week's massive buyout offer for Harrah's Entertainment may be the company's proposal to build a casino in Singapore.

International News Brief: Harrah's Entertainment Inc. said on Wednesday it was reviewing its bid for Singapore's second casino resort after it received a $15 billion buyout offer in the United States.

International News Brief: Dreamgate Corp Bhd, which now distributes and assembles gaming machines, wants to manufacture its own slot machines in three to five years and will continue to focus on Asian markets.

Wynn Macau has had an amazing amount of gambling action in its first few weeks of operation, with the amount of high-end play surprising even developer Steve Wynn.

A selection of news and views from inside the industry this week.

International News Brief: An architect whose imprint can be found on stainless steel tea kettles around the world, as well as Florida's Walt Disney World Resort, has been unveiled as the creative force behind Genting International's Sentosa bid.

PanAsia Poker Tour will debut its Pan-Asian Tour in Manila, The Philippines.

New flight service from Asia to Las Vegas is giving tourism officials fresh opportunities to show off the city's recreational assets.

Las Vegas Sands Corp. has begun construction on its last two resort locations in Macau that will ultimately bring to the Chinese community 10 different hotel brands with a combined 9,400 rooms.

Las Vegas Sands Corp. reports today that the company, after receiving the necessary licenses and approvals, has begun construction activities on the last two sites of the Cotai Strip's first phase.

Asian Poker Classic is bringing poker to India with title sponsor, MaharajahClub.com -- the first major professional poker tournament in the country.

International News Brief: The government of the Macao Special Administrative Region has collected $1.5 billion in direct gaming taxes in the first eight months of the year, a year-on-year rise of 14.4 percent.

International News Brief: Eighth Wonder, one of four bidders vying for Singapore's second casino license, on Sunday said former New York City Mayor Rudy Giuliani is a security consultant for the project.

nternational News Brief: The South Korean government is continuing to shut down access to Korean-language gambling Web sites, whose operations are based in foreign countries.

International News Brief: A South Korean investigation reveals an illegal casino had raked in 130 billion won from 43,000 gamblers.