Asia News - Page 69

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

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.

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.

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.

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

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.

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.

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

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 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.

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.

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.

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

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.

A selection of news and views from inside the industry.

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.

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

International News Brief: The Hong Kong racing season concluded on Sunday with approximately $7.73-billion in total handle, a 4.3% decrease from the 2004-'05 season and the continuation of a ten-year slide.

Betfair has become the first gaming company permitted to present a poker tournament in Singapore.

Efforts to promote Nevada's tourism industry are paying off in Asia and could soon result in direct air service from China, a state tourism leader said Wednesday.