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Asia News - Page 81

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K. Wah Shareholders Approve Galaxy Deal

International News Brief: Shareholders of K. Wah Construction Materials and its parent company, K. Wah International Holdings, approved plans Tuesday to buy Galaxy Casino in Macao with shares and other securities, in a deal valued at 18.4 billion Hong Kong dollars.

Indonesian Police Urged to Arrest Gambling Bosses

International News Brief: Observers are calling on the police to start arresting big-time gamblers and raid suspected big gambling dens in order to make the current anti-gambling drive a success.

Inside Gaming Column: Mover, Not Monorail, Motivates MGM Mirage

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

Philippine Police Claim Victory Over Illegal Gambling

International News Brief: The Philippine National Police (PNP) here has claimed that it has succeeded in the campaign against any form of illegal gambling in the city’s 40 barangays.

Hanmoo Loses Casino Contract

International News Brief: The Korea National Tourism Organization has decided to cancel its provisional contract with Hanmoo Convention Co., an operator of the places which the KNTO will lease to run foreigners-only casinos.

Indonesian Gambling Crackdown Criticized

International News Brief: Raids on Indonesian gambling dens have started in the capital, but the public at large complained Wednesday that police were only targeting small-time gamblers.

Macao Illegal Casino Busted

International News Brief: The Macao police have busted an underground casino operated at a downtown hotel, local media reported on Thursday.

Unspecified Amount of Debt with Melbourne Casino Settled

International News Brief: An undisclosed amount of gambling debt owed by the former Sabah (Malaysia) Chief Minister to a casino in Melbourne has been settled.

Malaysian Official Resigns Over Gambling Debts

International News Brief: Datuk Seri Osu Sukam has resigned as the Papar Umno division chief, after his gambling debts of RM7.1 million became a millstone for him.

Korean Online Casinos Win Big

International News Brief: HanGame, Netmarble, Pmang, and Mgame, local Internet sites providing online gambling games, recorded a 234.3 billion won revenue last year, from a mere 82.4 billion won in 2002.

Chinese Gambling Suspects Tried

International News Brief: Seven of the 14 suspects detained for involvement in a major gambling case in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, will be tried in court.

Indonesian Police Chief Starts Gambling Crackdown

International News Brief: Newly installed National Police Chief Gen. Sutanto has given a one-week deadline for regional police chiefs to eradicate gambling activities in their respective areas during a meeting held on his first day at work on Monday at the National Police headquarters.

'A Good Boss, Attentive and Careful Spender'

International News Brief: After relinquishing the Chief Minister’s post in 2001, Datuk Seri Osu Sukam has now found himself in the limelight with reports of his RM7.14 million gambling debts.

Malaysian Official Criticized by Prime Minister

International News Brief: He may have been spared from having to repay a RM7.1 million gambling debt but Datuk Seri Osu Sukam could not escape the wrath of the Malaysian Prime Minister.

Philippine Illegal Task Force Head Named

International News Brief: Philippine President Gloria Macapagal Arroyo Thursday named a new head of task force against illegal gambling.

Prime Minister Lee Visiting U.S.

Singapore Prime Minister Lee Hsien Loong is visiting the United States today through July 16, Lee's office said.

Singapore PM to Meet US Casino Heads

International News Brief: Singapore Prime Minister Lee Hsien Loong will meet Las Vegas casino operators as well as Washington leaders in a 10-day visit to the US that kicked off on Wednesday.

Malaysian Court Quashes Casino's Debt Bid

International News Brief: A Malaysian court in Kuala Lumpur has quashed a London casino’s bid to recover a gambling debt of more than €1.47 million racked up by a senior politician in the country’s ruling party.

China Expected as Next Online Gambling Target

International News Brief: Because the online gaming industry is maturing in Europe and North America, many experts fixate on China as the site of the next big gold rush.

Myanmar Casinos Close Doors to Chinese Patrons

International News Brief: Business used to be booming for a casino in the Monglar town of Myanmar, thanks to flocking Chinese tourists. However, that is now history as local government in Myamar is collaborating with China in its fight against gambling.

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