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Asia News - Page 76

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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 has withdrawn from bidding for one of the two proposed gaming-resort sites in Singapore because the Las Vegas-based casino operator cannot devote necessary resources to the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International News Brief: Tabcorp has withdrawn from the bidding for a major casino development in Singapore following a sharp rise in the likely cost of the luxury complex.

Galaxy Casino Chooses KISS Management System

Galaxy Casino has chosen the KISS casino management system to manage table gaming, junket & cash desk operations at their Grand Waldo and Rio properties, which are slated to open early 2006.

Wynning in Macau

Steve Wynn didn't have to look far when it came time to figure out how to best capitalize on his valuable Macau casino concession.

Guocoland Withdraws Singapore Casino Bid

International News Brief: Property developer Guocoland Ltd. has withdrawn from the bidding to develop a casino resort at Singapore's Marina Bay.

LV Sands Adds Chefs to Singapore Bid

International News Brief: Las Vegas Sands Corp has signed up six of the world's top chefs to sweeten its bid to build a casino resort in Singapore.

Sands Says Does Not Need Singapore Ally For Casino

International News Brief: Las Vegas Sands Corp. said on Wednesday it does not need a Singapore partner for its bid to build the city-state's first casino.

Galaxy Casino Price Talk Emerges

International News Brief: Price talk on the $500 million two-tranche bond from Macau's Galaxy has emerged, according to sources familiar with the deal.

Macau Casino Lending Pushed to $3.8 Billion

International News Brief: Las Vegas Sands Corp., owner of the Venetian casino in Las Vegas, led this week's borrowers in Asia as its loan to expand in Macau boosts the Chinese city's gaming industry financing to $3.8 billion.

China Seizes Over Million Gamblers

International News Brief: China seized 1.163 million people involved in 313,000 gambling cases in the first three quarters, the Ministry of Public Security said here Thursday.

China's Crackdown Puts Squeeze on Border Casinos

International News Brief: A crackdown on gambling by Chinese citizens is putting the squeeze on foreign casinos around China's northern borders.

Israel Official Won't Promote Eilat Casino

International News Brief: Israel’s Minister of Tourism Avraham Hirchson says that he would not promote the Eilat casino project at this time.

Macao's Gaming Revenue Breaks Record

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

Taiwan Casino Plans Revealed

International News Brief: Three Scots businessmen and a Las Vegas gambling guru have revealed plans to build a £350 million casino resort in a tropical paradise off the Taiwanese coast.

Underground Gambling Gauges Taiwan Elections

International News Brief: Underground election gambling is emerging as an important channel for gauging the popularity of candidates of various political parties in the upcoming Dec. 3 Taiwan elections.

Hundreds of Thoroughbreds Killed After Racing Halted in Beijing

News Brief: About 600 Thoroughbreds have been killed after racing in Beijing was discontinued in October.

Israeli Wins Seat in Master of Classics

Seventy-nine players entered the 2005 Israeli Poker Championship, paying a buy-in of approximately $255.

Philippines Police Calls for End to Illegal Gambling

International News Brief: Aklan Police Superintendent William Macavinta called on the people to stop betting so illegal gambling would not flourish in the province.

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