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Asia News - Page 72

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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.

Macau Casino Plans to Hire 5,000

International News Brief: MGM Grand Paradise, a Macao-U.S. jointly invested gaming business, has vowed to hire some 5,000 employees, local media reported Thursday.

Kenilworth Presents Plans to PAGCOR

Kenilworth Systems Corporation has been asked by the Philippines Amusement and Gaming Corporation to present plans to present live in-progress casino table games.

Bally Gaming Opens Macau Office

Bally Gaming and Systems has opened a new office in the Bank Of China Building in the heart of Macau S.A.R. to provide sales and service support for its slot machines, systems and table management business efforts throughout Asia.

Public Hearing on Singapore Exclusion Ban

International News Brief: Singapore’s National Council on Problem Gambling is inviting the public to give their views on exclusion measures to bar family members from entering casinos.

Las Vegas Bets Big on Macau

International News Brief: For months, a U.S. casino company has been busy creating a replica of Las Vegas on Macau and a patchwork of other islands just south of China between Hong Kong and Hanoi.

Many Differences Between Chinese Gamblers and Others

International News Brief: When tensions mount at the baccarat tables in Macau, gamblers don't reach for a stiff drink. They quaff hot green tea.

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