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Asia News - Page 82

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Adelson Interested in South Korean Project

International News Brief: Sheldon Adelson has expressed an interest in investing in a plan by the South Jeolla provincial government, dubbed the "J-Project," to build South Korea's largest leisure complex.

New Bets on Thai Casinos

International News Brief: The prospects for Australia's gaming tycoons of new opportunities in Thailand have improved, with the Thai Government pushing for a referendum on legalising casinos.

Macau Property Prices Rising

News Brief: The way Macau property prices are soaring while rows of new apartment blocks stand nearly empty, investors could be forgiven for thinking that the mushrooming casino business is providing the gas for a property bubble.

Thai PM: Referendum Needed for Casino Issue

International News Brief: Prime Minister Thaksin Shinawatra said before any move was made to legalise casinos in Thailand, voters should be consulted in a referendum.

Singapore Casinos May Create 3,400 Rooms

International News Brief: Singapore’s two casino-resorts may generate 3,400 hotel rooms and 100,000 sq m of retail space, according to estimates released by the National Development Ministry yesterday.

Pit Boss Fired for Reporting Runaway Bride

A former Treasure Island pit boss said he was trying to do the right thing when he told the media he had seen Jennifer Wilbanks, the infamous runaway bride, in the casino. He got fired for his actions.

Thai Casino Raid Revives Gambling Debate

International News Brief: The Taopoon casino raid has renewed government interest in sounding out public opinion on legalising casinos, as critics claim the bust was orchestrated to justify bringing gambling dens within the law.

Israeli Government Running Slot Machines

International News Brief: While Israeli legislators debate the legality of gambling, Mifal Hapayis Lottery Authority has 500 slot machines operating in restaurants and pubs, all authorized by the Ministry of Finance.

Universal Studio Still Bidding for Singapore Casino

International News Brief: Global entertainment giant Universal Studios said on June 23 it remained committed to a Malaysian-led consortium bidding for one of Singapore's two casino resorts, dismissing industry rumours that it had left the group.

Thai Police Bust Illegal Casino

International News Brief: Thai police have raided a vast illegal casino in the centre of Bangkok, using helicopters to sweep down on the complex and detaining over 300 people.

Industry Leaders Push for Responsible Gaming

International News Brief: Industry leaders say there is an urgent need to introduce responsible marketing for the Singapore integrated resorts.

Sun International Looks to Strengthen Singapore Bid

International News Brief: Sun International Ltd. is in discussions with potential partners, including local investors, to strengthen its bid to build a proposed casino resort in Singapore, according to a senior executive.

More Singapore Bidders Expected to Drop Out

International News Brief: Harrah's Entertainment and Tabcorp expect more bidders to drop out of the race for Singapore's integrated resorts.

SJM Credits Macau for Success

International News Brief Casino giant, Sociedade de Jogos de Macau, says that it has thrived in a very saturated marketplace largely because of the unique conditions of Macau.

Macau Project Meets Obstacles

International News Brief: The Las Vegas Sands’ Cotai Strip megaproject in Macau ranks as the biggest construction undertaking in Asia since the 1990’s and is already meeting obstacles.

Harrah's Considering Macau

News Brief: Harrah's Entertainment Inc. may enter Macau and other regional cities, said Senior Vice President Richard Mirman.

Chinese Casino Cruise Launched

International News Brief: For travelers weary of taking a train, bus or ferry between Shenzhen and Hong Kong, a Chinese company is now offering slow casino cruises between the neighboring cities.

Tabcorp to Bid on Singapore Casino

International News Brief: Tabcorp Holdings Ltd. said it will team up with cruise operator P&O Princess Cruises International Ltd. to bid for Singapore's proposed casino resorts.

Philippine President Won't Resign over Gambling Scandal

International News Brief: Philippine President Gloria Arroyo said she won't resign, even if members of her family are found guilty of taking illegal gambling payoffs.

Delegation Buoyed by Position on Nonstops

While a Nevada tourism delegation in China didn't get everything that it wanted from a meeting with Asian airline executives, it did get a consolation prize from the Chinese government.

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