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Asia News - Page 80

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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.

Taiwan Tycoon Finishes Sentence

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 Billion

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 Imminent

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 Casino

A selection of news and views from inside the industry this week.

Four High-Ranking Vietnam Officials Caught Gambling in Central Highlands

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.

Inside Gaming: Analysts Wonder If Singapore Plans Sensible

Plans for investing $3.5 billion in two Singapore casino projects have Wall Streeters shaking their heads.

Leaders from Macau Plan to Pitch Homeland Tourism

In recent years, the Chinese enclave of Macau has increasingly assumed a Las Vegaslike atmosphere as Strip-inspired casinos take shape along the Pearl River Delta.

Malaysian Gambling Syndicate Hit

International News Brief: Malaysian police believe they have crippled a gambling syndicate with the arrests of two local men high on the police wanted list on Thursday.

Indonesian Police Chief Defends Gambling Crackdown Failure

International News Brief: Jakarta police chief Inspector Gen. Firman Gani on Wednesday defended the police's failure to eradicate gambling here, arguing that a weak legal system had prevented city police from arresting suspected gambling bosses.

Macau Gambling Income Increases

International News Brief: Macau's income from direct gaming tax reached 8.15 billion patacas in the first half of the year, a year-on-year increase of 24.9 per cent.

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