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Asia News - Page 76

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Hotline to Assist Problem Gamblers Launches

International News Brief: The Thye Kwan Moral Society's new hotline will provide information and assistance to both Singapore gamblers and their families.

Macau ... is the New Las Vegas

International News Brief: It's flashy, rich and decked with neon, and only the lack of Elvis impersonators gives away the fact it isn't the real thing.

Casino Rejected for Malaysian Resort

International News Brief: Penang state is sticking by its original plan to develop Pulau Jerejak as an eco-tourism destination and with no casino in mind.

MGM Grand Macau Reports Project Enhancements

MGM Grand Macau, a hotel-casino resort currently under construction in Macau S.A.R., today announced significant enhancements to the project and that it has secured $700 million in project financing from a consortium of leading financial institutions.

Overseas Gambling Popular Amongst Chinese

International News Brief: Overseas gambling has surged among rich entrepreneurs in East China, according to sources.

Vietnam May Allow Soccer Betting

International News Brief: Vietnam is considering whether to set up a football book that would take legal bets.

More South Koreans Seeking Voluntary Casino Ban

International News Brief: A growing number of South Korea’s gambling addicts have asked a local casino to deny them entry to the casino in a desperate bid to return to their normal daily lives.

Report: Asian Casino Revenues to Increase

International News Brief: Casino revenues in Asia will increase 20 per cent to $13 billion in 2006, driven by the strong growth of Macau's gaming industry, according to a report by Las Vegas-based consultant Globalysis.

Macau's Grand Emperor Resort Opens

Emperor Entertainment Hotel Limited reports that its flagship project, the Grand Emperor Hotel in Macau, has commenced business.

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.

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