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Asia News - Page 73

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Singapore Relaxes Casino Controls

International News Brief: The government has decided to relax some controls over the casino operators of the two proposed integrated resorts in Singapore, like removing limits on the number of hours that a casino can operate.

Casino Firms Bet on Asia

International News Brief: The love of gambling throughout Asia and rising affluence in that part of the world is drawing gaming firms such as MGM Mirage and Wynn Resorts Ltd. who are eager to invest billions of dollars in Asia.

Resorts World Plans Bond Sale

International News Brief: Resorts World Bhd plans to raise around RM1 billion from a bond sale, people familiar with the plan said, as it seeks to expand its gaming business.

Tourism is Key to Winning Singapore Casino License

International News Brief: Tourism appeal will take priority when Singapore officials determine who wins the Republic's first casino licence, the government said on Wednesday.

Cops Taken to Task Over 'Hairy' Incident

International News Brief: Several non-governmental organisations have lambasted the Malaysian police for the head-shaving incident involving 11 men caught gambling on the second day of Chinese New Year.

Japan Airlines Might Drop Las Vegas

Las Vegas could lose its only nonstop air service from Asia next year.

Inside Gaming: Casinos Follow Flow of Money to Asia

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

Taubman, Gordon Join Harrah's Singapore Team

Harrah's Entertainment and Keppel Land report the signing of a memorandum of understanding with Taubman Asia, Ltd and Gordon Group Holdings to create a retail joint venture for the integrated resort at Marina Bay, Singapore.

Korea's Largest Casino Opens

International News Brief: High rollers and cautious gamblers alike can now try their luck at the South Korea's biggest foreigners-only casino which opened last weekend in Seoul.

Genting Optimistic About Singapore Bid

International News Brief: Malaysia's Genting International, one of the four bidders still in the running to build Singapore's integrated resort in Marina Bay, has dismissed sceptic

Sands Macao Opens New Gaming Area

Las Vegas Sands reports that the Sands Macao, the first western-operated casino in Asia, has opened the stunning new "Level of Fortune" gaming area located on the second floor of

Israeli Poker Tournament Begins in February

International News Brief: The Israel Poker Association's Pokerface 2006 tournament commences February 7 at the Tel Aviv Fairgrounds.

Casinos Open Arms for Asians with Open Wallets

Many Las Vegas Strip properties have decorated their lobbies and casinos with orange trees, red lanterns, gold coins and other Chinese symbols of luck and prosperity.

New Seoul Casino Opens

International News Brief: Seoul will gain a spacious new casino for foreigners tomorrow when the Grand Korea Corporation opens the first of three gambling halls planned for opening this year.

Another Roll of the Dice

International News Brief: The legalization of gambling and the opening of casinos on one or more of the nation's outlying islands would be financially beneficial for Taiwan in term

Shun Tak Moves Project to Cotai

International News Brief: Shun Tak Holdings Ltd., a Hong Kong-based conglomerate controlled by Macau casino owner Stanley Ho, said it will move its planned Cotai development project in Macau to the Cotai strip.

LV Sands Won't Seek Singapore Project Partner

International News Brief: Las Vegas Sands Corp., which is bidding to build Singapore's first casino, said it would not look for a local equity investor after its partner pulled out of the race this week.

Philippine Police Officials Fired for Allowing Gambling

International News Brief: Philippine National Police Chief Director General Arturo Lomibao relieved yesteday the Nueva Vizcaya provincial police chief and the chief of the Solano town police for their failure to stop jueteng in their jurisdiction.

Banks Optimistic About Asian Casino Boom

nternational News Brief: Michael Malone, the head of Bank of America's gambling finance unit, first visited Macao on a Wednesday afternoon in April as horizontal rain pelted the city.

Singapore Officials: No Changes to Casino Requirements

International News Brief: Singapore officials rejected suggestions that it had imposed new requirements on parties vying to build and operate the city-state's first casino resort, saying the terms haven't changed since the launch of tenders in November last year.

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