Asia News - Page 77

The Israeli Financial Cabinet will discuss in its upcoming session about allowing the first Israeli casino to be built in Eilat, Israel's most popular vacation destination and seaside resort.

International News Brief: Publishing & Broadcasting Ltd's James Packer will have to up the ante to stay in the game to build Singapore's first casino, his controversial business partner in Macau has indicated.

International News Brief: Shares of Las Vegas Sands Corp. and Wynn Resorts Ltd. each rose more than 6 percent on Monday after China reported a 10.2 percent increase in visitors to its gambling enclave of Macau.

International News Brief: The IDB Group, controlled by Nochi Dankner, is exploring the possibility of joining American real estate mogul Sheldon Adelson in his venture to turn Macau into the Chinese Las Vegas.

International News Brief: Singapore is wooing top architects such as I.M. Pei and Daniel Libeskind to design an iconic casino building on a par with Sydney's Opera House and Bilbao's Guggenheim Museum.

International News Brief: MGM Mirage Inc said an investigation by gaming regulators in the New Jersey into its casino joint venture in Macau with Shun Tak Holdings Ltd has no impact on its bid to develop a resort-cum-casino here.

International News Brief: A gambling addict is under arrest for allegedly using rented cars as collateral on loans from a loan shark, and then fleeing.

Gaming Partners International Corporation has secured a major contract to supply RFID chips to the new Rio and Grand Waldo casinos to be opened early next year by Galaxy Resorts in Macau.

International News Brief: Singapore has imposed a stiff minimum bet of almost $1 billion on casino operators vying to play in the island state

International News Brief: Pokhara's first casino is opening at Phulbari Resort and Spa with aim of attracting more tourists for gambling delights in the country's major tourism destination which has been suffering steep decline in tourist arrivals lately.

International News Brief: After two delays, Singapore said it will launch the formal requests for proposals for a casino resort at Marina Bay near the city center on Nov. 15, with a submission deadline of March 29, 2006.

International News Brief: Singapore said companies competing for the right to build the country's first casinos will pay a fixed price for land, a move aimed at averting a bidding war that would sap funds available for developing the projects.

Las Vegas Sands Corp. reports that Shangri-La Hotels and Resorts will manage two hotels inside a 39-floor building being built by Las Vegas Sands on the Cotai Strip in Macau.

International News Brief: Singapore’s National Council on Problem Gambling will be forming a panel to assess exclusion order towards the end of 2007.

International News Brief: The Chinese Communist Party's gambling taboo may be slipping, but analyst Kelvin Tan of Las Vegas Sands believes Beijing will continue to draw the line at table games.

International News Brief: Malaysia's government will sharply raise from January 2006 the annual license fees for operators of pool betting companies and the country's only casino, industry sources said Friday.

Singapore-based conference and exhibition organizer Conference & Exhibition Management Services Pte Ltd. has joined Harrah's Entertainment, Inc. and Keppel Land in their effort to develop integrated resorts in the Republic of Singapore.

Visa restrictions imposed by the federal government are preventing Chinese airlines from committing to nonstop flights between China and Las Vegas.

The international successes of Hong Kong racehorses and racehorse owners are now to be complemented by an award that will acknowledge achievements in thoroughbred breeding.

International News Brief: The draft of Singapore's casino control bill has a clause which may make it difficult for one company or joint venture to win the bid for both sites.