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Asia News - Page 79

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Softbank to Enter Online Gaming Market

International News Brief: Softbank is on track to become Japan’s first Internet group to enter the online betting market, in a move to diversify its business.

Philippine Police Ordered to Stop Illegal Gambling

International News Brief: Philippine National Police Chief Arturo Lumibao gave the Police Regional Office 15 days to stop illegal gambling.

Greek Mythology Entertainment Scraps Cambodia Plan

Greek Mythology Entertainment Group, a Macau casino operator 20 percent owned by Hong Kong-listed A-Max Holdings Ltd., scrapped a $50 million plan to build a casino in Cambodia.

Singapore Resorts Request Delayed

International News Brief: There could be a further delay in the launch of the tender for Singapore's two integrated resorts.

Chair of Singapore Problem Gambling Council Chosen

International News Brief: The president and CEO of United Industrial Corporation, Mr Lim Hock San, has been appointed Chairman of the National Council on Problem Gambling.

Macau Gaming Business Booming

News Brief: Macau's scorching gaming business is keeping booming, as the latest official statistics showed that this year's gambling revenue reached $3.73 billion by August, a year-on-year rise of 14 percent.

PBL Plans Macau Casino

International News Brief: Publishing and Broadcasting Limited says its latest casino joint venture will be called Crown Macau.

Chinese Officials Punished for Gambling

International News Brief: In the first half of this year, almost 5,000 Party officials were punished for taking gift money or gambling.

North American Video Awarded Wynn Macau Contract

North American Video has been awarded the contract for the security and surveillance systems at the new Wynn Resorts in Macau presently under construction.

Ho's Son Bets on Chinese Customers

International News Brief: Lawrence Ho, son of gaming billionaire Stanley Ho, is betting that his understanding of Chinese gamblers will help a planned HK$8 billion underwater casino fend off new entrants in Macau such as Las Vegas Sands Corp.

Macao's Casino Tax Income Soars

International News Brief: Macao's income from direct gaming tax rose 23.4 percent year-on-year in the first seven months of this year, according to statistics issued Monday.

Ho, MGM Mirage Deal Should Pass Regulators

Most gaming industry leaders and observers expect MGM Mirage's partnership with Pansy Ho, daughter of Asia's leading casino mogul, to stand up to Nevada's regulatory scrutiny.

Indonesian Women Flogged for Gambling Offences

International News Brief: An Islamic sharia court in Indonesia's Aceh province has ordered four women to be flogged for gambling offences.

Namtiori Launches BetOnBourse Game

Namtiori Ltd. introduces BetOnBourse, a unique Stock Exchange platform betting game that delivers fast action, moment by moment excitement, and up-front profits for operators.

China Bans Lottery Sales to Children

International News Brief: Guangzhou has just issued a law banning children under the age of 18 from buying lottery tickets.

Singapore Plans to Tweak Casino Rules

News Brief: Singapore will modify some rules for the city-state's first casino-resorts after consulting bidders including Harrah's Entertainment Inc. and Las Vegas Sands Corp.

Vietnam May Not Tax Foreigners' Casino Winnings

International News Brief: Foreign casino and jackpot winners may not have to pay personal income tax on their winnings according to recent Vietnamese General Department of Taxation proposals.

Report: Singapore Casinos to Boost GDP

International News Brief: Singapore's plans to build two casinos will bolster its economy over the next five years, adding 1.8 percent to the city's gross domestic product (GDP), according to a new report.

Tourism, Trade Focus of Thai Official's Trip to Las Vegas

Thailand officials want Nevada businesses to expand into the dynamic Asian country.

Survey: Filipinos Believe Arroyo Linked to Jueteng

International News Brief: Eight in 10 Filipinos believe that some members of President Gloria Macapagal-Arroyo's family are involved in and benefit from jueteng operations, a July 2 to 14 survey of Pulse Asia showed.

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