Asia News - Page 73

International News Brief: The Singapore Tourism Board Tuesday reiterated it will name the winning bidder for the Marina Bay casino resort in mid-2006, indicating an earlier announcement may not be forthcoming as hoped by some investors.

International News Brief: James Packer's Asian gaming joint venture has decided to delay the opening of its $300 million Crown Macau casino project by about six months to next April.

International News Brief: The Executive Council of Hong Kong has approved proposals to reform horse race betting's duty system in an effort to combat illegal gambling.

International News Brief: Chinese police will join sports authorities in a nationwide fight against soccer gambling which has beleaguered the country's professional league.

International News Brief: Las Vegas Sands Corp. may raise as much as $1.44 billion in a share sale or up to $3.24 billion in debt if it wins the rights for Singapore's first casino.

International News Brief: Casino operator Wynn Resorts says it has agreed to sell the right to build a casino in Macau to Australian entertainment group Publishing and Broadcasting Limited for 900 million dollars.

International News Brief: Genting International has roped in theme park giant Universal Studios for its bid to build Singapore's first casino, the company inadvertently revealed at a press briefing on Wednesday.

International News Brief: The Hoang Gia International joint-stock company, a casino and hotel developer, is going to raise $20 million for expansion at its initial public offering next month.

Singapore's first casino could become one of the most expensive gaming projects ever constructed, based on statements released by two companies competing to build a resort complex on a 50-acre waterfront location near the financial district.

News Brief: The four groups in the running to build Singapore's first casino resort submitted formal bids on Wednesday, with Malaysia's Genting International making the first submission.

International News Brief: Three of Macao's 19 casinos are ranked among 13 'hottest casinos' by the famed business magazine Forbes, local media reported Monday.

International News Brief: The consortium of MGM Mirage and CapitaLand Ltd. is leading the race to develop a casino in Singapore's downtown Marina Bay, DBS-Vickers Securities said in a recent report.

International News Brief: Bidding for Singapore's second casino project on Sentosa island will open on April 28 and close on October 10, the Singapore Tourism Board said.

Dynasty Gaming Inc. provides supplemental information relating to its announcement yesterday regarding a Letter of Intent with the Ho Group.

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.

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

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.

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 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.