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Asia News - Page 77

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Singapore Woos Star Architects

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.

MGM Mirage: Singapore Bid Unaffected by Investigation

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.

Gambler Turns Rental Cars into Millions

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 Signs Macau Deal

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.

Singapore Ups the Ante by $1bn for Casino

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

Nepalese Casino Opens

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.

Singapore Casino Tender Launches Soon

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.

Singapore Fixes Casino Land Price

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.

LV Sands Signs Macau Resorts to Management Deal

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.

Singapore to Form Casino Exclusion Panel

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

Analyst: No Table Games for Beijing Soon

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.

Malaysia Raises Gambling License Fees

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.

CEMS Joins the Harrah's, Keppel Singapore Team

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 Hamper Chinese Tourism

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

HK Breeders Club Inaugurates Breeder of the Year Award

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.

Singapore Bill May Affect Bids

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.

Thai-Japanese Venture Bets on Casino Resort

International News Brief: A Thai-Japanese joint venture report a 10-year, 135-billion-baht development plan to build a floating Phuket Bay International City.

Harrah's Signs Deal with Paris Art Gallery

nternational News Brief: Harrah’s Entertainment and Keppel Land have turned to the Centre Pompidou of Paris to boost the cultural quotient of their integrated Singapore resort proposal.

Government Drops Plan for Surcharge on Gaming Revenues of Integrated Resorts

International News Brief: There will be no 50 per cent cap on casino revenue for the integrated resorts.

Macau on Course for Record Turnover

International News Brief: Gaming receipts for Macau's casinos reached 2.8 billion USD for the first six months of the year, government figures showed, setting the territory on course for a year of record gambling turnover.

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