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Asia News - Page 72

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Asian Entertainment Group Signs with Caesars Singapore

Harrah's Entertainment, Inc. and Keppel Land today announced the signing of a memorandum of understanding with STAR, Asia's leading media and entertainment company.

Macau Gaming Taxes Up

The government of the Macau Special Administrative Region has collected 2.81 billion patacas in direct gaming taxes in January and February, a year-on-year rise of 4.2 percent.

Dynasty Gaming, Ho Group Team Up

Dynasty Gaming Inc. has signed of a Letter of Intent with the Ho Group to form Ho Majiang.

Spill Group Asia Launches Gaming Portal

Spill Group, a leading operator and developer of online gaming portals in Europe and Asia, today announced the launch of its new online gaming platform Youxi.cn.

Entertainment Companies Join Caesars Singapore Team

Harrah's Entertainment and Keppel Land have signed of memorandums of understanding with Teamwork Film Pvt. Ltd. of New Delhi, India, and Unusual Entertainments Pte Ltd.

MGM Mirage Plans Singapore Cirque du Soleil

MGM Mirage announced in Singapore today that it will include a permanent Cirque du Soleil show as part of the hotel-casino it hopes to build in Singapore.

Harrah's Bets on Pizzaz

Harrah’s is betting on a mix of Roman splendor and Hollywood pizazz to power its quest to conquer Singapore's lucrative gaming and tourism markets.

Director Joins Harrah's Singapore Project

Harrah's Entertainment and Keppel Land are joining forces with director James Cameron to create "iPort" -- an immersive indoor entertainment experience for their Singapore project.

Melco Shares Up

International News Brief: Shares of Melco International Development, controlled by the family of casino tycoon Stanley Ho, soared by more than a quarter to a record HK$14.60, after the company said it has clinched the last available gambling subconcession in Macau.

DFS Group, LV Sands Corp Sign Agreement

Las Vegas Sands Corp. and DFS Group Limited have reached an agreement that will see DFS lease significant retail space in the Mall at Four Seasons Hotel Macau on the Cotai Strip.

Wynn Resorts Sells Subconcession to PBL

Wynn Resorts, Limited reports that Publishing and Broadcasting Limited has signed an agreement to purchase a subconcession from Wynn Resorts in the Macau Special Administrative Region of the People's Republic of China for $900 million.

MGM Singapore Project Architect Named

News Brief: MGM Mirage and Southeast Asia's largest developer CapitaLand Ltd. reports that Kohn Pedersen Fox Associates PC was the principal architect behind their joint bid to build a casino resort in Singapore.

Betex Moves Onto AIM

International News Brief: This week sees the arrival on the London market of Betex, a company looking to cash in on the Chinese passion for gambling.

Japan to Legalize Casino to Promote Tourism

International News Brief: Japanese ruling Liberal Democratic Party is to formulate a basic policy around June to legalize casinos in the country with the aim of attracting more for

Wynn Focuses on Macau During Call

Wynn Resorts Chairman Steve Wynn was more interested Thursday afternoon in discussing the casino company's prospects in Macau than the gambling operator's fourth-quarter earnings.

Korean Air Plans Las Vegas Flights

Lee Jong-hee, president of Korean Air, last week told The Korea Times his carrier will launch direct Las Vegas service by year's end.

Macau Taxes Reach Record

International News Brief: Macau's direct gaming taxes reached a record 16.56 billion patacas in 2005, a year-on-year rise of 12 percent, according to official statistics issued on Wednesday.

Singapore Says Casinos Won't Deter Islamic Investors

International News Brief: Singapore's plunge into the casino industry is unlikely to harm its campaign to attract Islamic investors, who are opposed to gambling.

Inside Gaming: Gaming Contractor: Market at its Limit

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

Hamas to Bar Jericho Casino Reopening

International News Brief: Hamas is planning to prevent the casino in Jericho from ever opening again soon after it forms the new Palestinian Authority cabinet.

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