Asia News - Page 76

International News Brief: Deputy Prime Minister and Home Affairs Minister Wong Kan Seng introduced the Casino Control Bill on Monday.

International News Brief: Three Las Vegas giants and a Malaysian gaming firm are left in a high-stakes battle to build Singapore’s first casino after rivals from Australia, South Africa, the Bahamas and Hong Kong pulled out.

International News Brief: City Developments Ltd., Southeast Asia's second-largest property group, said on Monday it has withdrawn from a joint bid with Las Vegas Sands Corp. to build Singapore's first casino resort.

International News Brief: Chinese authorities plan to charge 11 suspects allegedly to be involved in the operation of a clandestine casino in Macau.

International News Brief: Macau is facing a labor shortage due to the booming casino industry.

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

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.

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, 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.

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

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

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.

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.

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

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.

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.

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

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

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

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