Asia News - Page 80
Macau Gaming Business Booming
31 August 2005
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 Casino25 August 2005
International News Brief: Publishing and Broadcasting Limited says its latest casino joint venture will be called Crown Macau.
Chinese Officials Punished for Gambling25 August 2005
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 Contract25 August 2005
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 Customers23 August 2005
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 Soars22 August 2005
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 Regulators19 August 2005
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 Offences19 August 2005
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 Game18 August 2005
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 Children16 August 2005
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 Rules12 August 2005
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 Winnings12 August 2005
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 GDP10 August 2005
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 Vegas8 August 2005
Thailand officials want Nevada businesses to expand into the dynamic Asian country.
Survey: Filipinos Believe Arroyo Linked to Jueteng8 August 2005
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.
Taiwan Tycoon Finishes Sentence8 August 2005
International News Brief: Former Taiwanese gambling arcade tycoon Chou Jen-sen has finished serving jail time for running a network of illegal video-gambling parlors and paying off huge numbers of police and prosecutors to allow him to stay in business.
Venetian Macau Budget Reaches $2 Billion4 August 2005
International News Brief: The blockbuster budget for the Venetian Macau casino resort in Cotai has climbed to $2 billion and could go higher as owner Sheldon Adelson announced he is seeking additional land for expansion.
Chinese Casino Cash-Tracking Rules Imminent4 August 2005
International News Brief: China’s casinos and junket agents will be required to track the identity of gamblers making cash transactions of more than HK$500,000, according to a draft bill to be presented to the legislature after next month's election.
Inside Gaming: Barstow May Get Its Own Tribal Casino2 August 2005
A selection of news and views from inside the industry this week.
Four High-Ranking Vietnam Officials Caught Gambling in Central Highlands25 July 2005
International News Brief: Four high-ranking officials were caught red-handed gambling at midnight on July 21 at the Dak Bla Hotel in the central highland province of Kon Tum.
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