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Asia News - Page 68

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Harrah's, Asian Firm Bid on Casino

News Brief: Harrah's Entertainment and Singapore property firm Keppel Land Ltd. announced Monday that they would submit a joint bid for Singapore's second casino license.

Jeff Simpson Talks to Steve Wynn and Jack Binion About Their Macau Relationship

The Las Vegas casino business threw a couple of curveballs last week. The biggest shocker was Steve Wynn's announcement that he had hired Jack Binion to run Wynn Resorts' international operations.

Wynn Optimistic About Macau Casino

Steve Wynn has started dress rehearsals for his $1.2 billion Wynn Macau, the smallest hotel-casino ever built by the Las Vegas developer.

South Korea Targets Illegal Gambling

nternational News Brief: The National Tax Service yesterday began tax audits on 54 gaming arcades and internet cafes suspected of running illegal gambling.

Japan Eyes Bet on Las Vegas Lure

International News Brief: Japan's ruling party is holding talks with global gaming companies including Las Vegas Sands Corp and Harrah's Entertainment Inc to operate the nation's first casinos after 2010.

Keppel Still in Race for Sentosa Casino

nternational News Brief: Keppel Land Ltd. said it's still in the race to build a casino-resort on Singapore's Sentosa island, contrary to local media reports.

Las Vegas Sands Spends Billions on Macau Project

International News Brief: Las Vegas Sands is planning to invest more than $8 billion in its casino, leisure and convention facilities in Macau and a neighbouring island over the next six years.

Inside Gaming Column: Fuel, Transit Troubles Foreseen in Las Vegas's Future

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

Online Gambling Overshadows Chinese Lottery

International News Brief: Chinese lottery experts estimated about 700 billion yuan was involved in gambling activities, such as online betting and illegal lotteries, last year, suggesting gambling is increasingly becoming a serious issue.

Macau Casino Bets on Japanese Customers

International News Brief: The massive Venetian Macao casino resort is set to open in 2007, and there are hopes that this mega resort, which will feature one of the biggest convention centers in Asia, will lure Japanese who are doing business in China.

Kerzner Submits Singapore Bid

International News Brief: Kerzner International Ltd, one of four bidders for Singapore's second casino-resort, plans to submit a proposal with an investment in excess of US$1.5 b

Singapore Casino Construction to Begin Soon

International News Brief: Las Vegas Sands Corp is in talks with the Singapore government to refine the project's design and expects to start construction by the end of the year,

Kenilworth Broadcasts Approved by PAGCOR

Kenilworth Systems Corporation has been granted final approval to commence real time, live in-progress casino table game broadcasts by the Board of Directors of the Philippines Amusement and Gaming Corporation.

Liquidator Plans to Re-open Legenda Casino

International News Brief: The court-appointed liquidator of Legend International Resorts Inc. yesterday vowed to reopen the controversial Legenda Hotel and Casino in the Philippines without firing a single employee.

Architect Picked for Sentosa Project

Kerzner International Limited and CapitaLand Limited report the appointment of world-celebrated architect Frank O. Gehry as principal architect and designer for their joint Integrated Resort bid at Sentosa Island in Singapore.

Police Punch Heavy Blow on Gambling

International News Brief: Police in both Beijing and South China's Guangdong Province have dealt soccer gambling rings a crushing blow.

Gambling Beyond Nevada: Wynn Rolls Up Sleeves in Macau

With Wynn Macau's opening just two months away, holding company Wynn Resorts Ltd. has discovered recruiting and training workers is not so different in China than it is in Las Vegas.

Inside Gaming Column: Macau Opening Excites Wynn

A selection of news and views from inside the industry.

Many Thai Bettors Expected to Default on Bets

International News Briuef: About one in five Thais who illegally gambling on football are likely to default on their bets, according to a Kasikorn Research Centre survey released yesterday.

Casino Du Liba Talks Delayed

International News Brief: Lebanon’s Prime Minister Fouad Siniora postponed Cabinet discussions on the sale of government shares in Casino du Liba.

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