Asia News - Page 74

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.

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.

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.

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.

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, 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.

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.

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.

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 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.

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.

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.

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.

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

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.

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.