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Asia News - Page 75

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Singapore Casino Bidders in Final Countdown

International News Brief: A shrinking pool of potential bidders in the race to build Singapore's first casino raises questions about the lasting business allure of a massive resort costing about US$3 billion.

PBL Pulls Out of Singapore Race

International News Brief: Publishing & Broadcasting Ltd has pulled out of the race to build a multibillion-dollar casino in Singapore, the first big corporate move by James Packer since the death of his father Kerry last week.

Columnist Jeff Simpson: Gaming Industry Hit Some New Highs, But Natural Disasters Caused Real Lows

The past year has been a great one for the Las Vegas market, and 2006 looks to be strong as well.

South Korean Arcades Exploit Gambling Law Loopholes

International News Brief: According to the Ministry of Culture and Tourism, 13,000 adult arcades, betting rooms equipped with simulated horse racing games or slot machines and offe

Churchill Downs Partners with Dubai Racing Club

News Brief: Churchill Downs Simulcast Network will partner with the Dubai Racing Club for a second time in 2006.

AEG Live Signs on with Harrah's Marina Bay Team

Harrah's Entertainment, Inc. and Keppel Land announced the signing of a memorandum of understanding with Anschutz Entertainment Group, Inc.'s AEG Live Division.

Harrah's Signs With Singapore's Top Convention Center

Harrah's Entertainment, Inc. and Keppel Land announced the signing of a memorandum of understanding detailing an arrangement with Suntec Singapore International Convention and Exhibition Centre to jointly promote Singapore.

LV Sands' Cotai Strip Project Moves Forward

Las Vegas Sands Corp. and Far East Consortium International Limited have reached agreement on all the commercial terms necessary for Far East to build a multi-hotel complex on the Cotai Strip in Macau.

Israeli Police Bust Websites

International News Brief: The police department's National Fraud Squad launched an investigation on Monday against Israeli websites, including the popular portal Walla, for allegedly posting advertisements for illegal gambling sites.

Taubman to Join Harrah's Singapore Bid

International News Brief: The Asian arm of Taubman Centers Inc. says it would join Harrah's Entertainment Inc. and Singapore developer Keppel Land Ltd., which are bidding for Singa

Fil-Estate in Philippine Casino Talks

International News Brief: Fil-Estate Corp confirmed that it has been in initial talks with foreign investors to put up a casino business in the Philippines.

Hong Kong Gambling Numbers Remain Stable

International News Brief: The overall participation rate in gambling activities have remained stable in Hong Kong in recent years, a Hong Kong University survey said Wednesday.

Singapore Board Confirms Bids

International News Brief: The Singapore Tourism Board has confirmed that five groups beat the deadline for submission of documents, indicating their intention to bid for the proposed development of the Marina Bay integrated resort and casino.

LV Sands, City Developments Join Forces for Singapore Project

Las Vegas Sands Corp. and Singapore developer and hotel group, City Developments Limited, will jointly pursue the development of an integrated resort at the Marina Bayfront in Singapore.

Chinese Officials to Address Tourism Conference

When nearly 1,000 people gather for Nevada's largest tourism conference next week, they'll be addressed by two men whom most people have never heard of, but who could play a key ro

Harrah's Adds Organizer to Singapore Bid Team

International News Brief: Harrah's Entertainment Inc. and developer Keppel Land Ltd. have added Suntec, a conventions organiser, to their team that is seeking to operate Singapore's first casino resort.

ILTS Signs Philippine Contract

International Lottery & Totalizator Systems, Inc reports that the Company has signed a contract with Philippine Gaming Management Corporation for a complete online lottery system.

Macau Expects to Break Record

International News Brief: Macau's income from direct gaming tax is expected to reach 16 billion patacas this year, a new high in the history, local media reported Monday.

Wynn Departs Singapore Bidding

Wynn Resorts Ltd. has withdrawn from bidding for one of the two proposed gaming-resort sites in Singapore because the Las Vegas-based casino operator cannot devote necessary resources to the project.

Tabcorp Withdraws Singapore Bid

International News Brief: Tabcorp has withdrawn from the bidding for a major casino development in Singapore following a sharp rise in the likely cost of the luxury complex.

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