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Asia News - Page 79

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Singapore to Miss September Deadline

International News Brief: Singapore is likely to miss an end-September deadline to issue tender documents for a casino resort on Marina Bay, people involved in the process say.

Website Attracts Japanese Gamblers

International News Brief: A new type of Web site has proved to be a Japanese gambler's online paradise.

Golden Resorts Loss Up

International News Brief: Golden Resorts Group, a Hong Kong watchmaker turned Macau hotel-casino operator, said its first-half loss widened sharply to HK$365.9 million from HK$3.2 million a year earlier thanks largely to new accounting rules.

Singapore Prepares Request for Proposals

International News Brief: Singapore is preparing a formal request for proposals from a dozen hotel and development groups that are seeking concessions to operate casino-resorts in the city-state.

Ong Beng Seng Joins Genting's Casino Bid

International News Brief: Singapore businessman Ong Beng Seng is joining Malaysian casino company Genting International PLC and U.S. theme park operator Universal Studios in their bid to build a casino resort on Sentosa island.

Las Vegas Companies Lead Singapore Short List

An Asian casino expert says the four Las Vegas-based resort companies looking to build an integrated resort at Singapore's Marina Bay area have the inside track among 12 companies that have made the "short list" of developers.

Chinese Police Urged to Stop Cross-Border Gambling

International News Brief: The Ministry of Public Security has issued a circular urging local police of some border areas to stop Chinese citizens from gambling in neighboring countries.

Company Exits Deal to Build Cotai Strip Resort Site with Sands

Las Vegas Sands Corp. said an international hotel company that pulled out of a deal to jointly develop one of eight resort sites on the Cotai Strip near Macau will need the Chinese government's approval to go off on its own.

Las Vegas Sands Launches Problem-Gambling Program

The Venetian's parent company is working with the Harvard University Medical School Division on Addictions to start a program that trains all employees, from senior management on down, to recognize customers and co-workers who show signs of problem gambling.

Thai PM Cautious on Casino Idea

International News Brief: Prime Minister Thaksin Shinawatra yesterday reacted cautiously to his tourism minister's idea of legalising casinos, which has drawn mixed views from academics and tour operators.

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.

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