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Asia News - Page 86

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Taiwan Casino Bill Moves Forward

International News Brief: Taiwan’s Home and Nations Committee has passed the preliminary review of the draft amendments to the Offshore Islands Development Law, marking a step forward toward the legalization of casinos on outlying islands.

Sands Singapore Casino Would Cost Up to $2.5 Billion

International News Brief: Las Vegas Sands Inc. expects to spend between $2 billion and $2.5 billion if it gets the license for a casino resort at Singapore's Marina Bay, a company official said Thursday.

Las Vegas Sands Expands Macao Management Team

Las Vegas Sands Corp. and its subsidiary Venetian Macau Limited report that Wolfram Diener will join the organization as vice president of convention and exhibition for the convention and expo center being built at The Venetian Macao Resort Hotel Casino on the Cotai Strip.

Singapore Officials Respond to Wynn's Criticism

International News Brief: The Urban Redevelopment Authority and the Singapore Tourism Board have responded to casino guru Steve Wynn's scathing criticism of Singapore officials' handling of the process leading up to the submission of bids.

Accountants Cheated of $620,000 in Cards Scam

International News Brief: A group of skilled gamblers cheated professional accountants of up to HK$620,000 at a time in games of 'show hand,' a district court heard Wednesday.

Slots Won't Sway Singapore Officials

Companies vying to sway government decision-makers in an effort to win two potentially lucrative casino development opportunities in Singapore need to have ambitious ideas beyond casino gaming, America's ambassador to the city-state said Tuesday.

Underwater Casino Planned

The battle for casino supremacy in Macau has moved to a new frontier.

Official: Taiwan Has No Casino Stance

International News Brief: The Executive Yuan has no set stance on which of Taiwan-controlled outlying islands would be suitable for establishing casinos, Cabinet spokesman Cho Jung-tai said Tuesday.

Abu Dahbi Bank Rejects Casino Claims

International News Brief: National Bank of Abu Dhabi has rejected allegations against it by a casino in London, vowing it will fight the case in a British court.

Hong Kong's Illegal Bookies Squeezed Out

International News Brief: Illegal bookmakers, widely believed to be draining billions of dollars from the Jockey Club are being squeezed out thanks to the legalization of soccer betting two years ago.

Israel Begins Casino Paperwork

International News Brief: Israel’s Minister of Finance Benjamin Netanyahu told the Knesset Finance Committee today that he was beginning practical preparations for construction of a casino in Eilat.

Woman Kidnapped for Gambling Money

International News Brief: The kidnapping of a Chinese woman was carried out to make quick money after the alleged suspects gambled and lost at the casino, says an explanation posted on the internet.

PBL, Melco to Build Second Macau Casino

International News Brief: Kerry Packer's Publishing & Broadcasting Limited and its Asian gambling partner, Stanley Ho's Melco International Development, plan to build a second casino in Macau.

Thai University Gambles on Casino Courses

International News Brief: A Thai university has reignited the debate over casinos by offering a course in casino and gaming management.

Lottery Popular in Indonesia

International News Brief: Gambling takes many forms in the Indonesia’s capital and continues to be backed by well-known figures. Former Jakarta governor Ali Sadikin recently renewed his call for its legalization.

Israeli Official Wants Casinos in Eilat

International News Brief: Finance Minister Binyamin Netanyahu proposed that Israel change the law and allow casino gambling hotels to operate in Eilat.

Philippine President Rejects Jueteng Legalization

International News Brief: Philippine President Gloria Macapagal Arroyo yesterday rejected renewed calls for the legalization of jueteng, an illegal numbers game, saying it would only encourage laziness among Filipinos.

PBL, Tabcorp Bid Leads Pack

International News Brief: Kerry Packer's Publishing and Broadcasting Ltd and Tabcorp have firmed as possible winners of Singapore's multibillion-dollar casino developments following a further shake-out of potential bidders.

Philippine Official Confronts Archbishop Over Jueteng Accusations

International News Brief: Presidential son and Pampanga Rep. Mikey Arroyo confronted Pangasinan Archbishop Oscar Cruz during a congressional hearing yesterday on reports linking the Arroyos, along with police officers and national and local officials, to jueteng.

Ho Plans Biggest Macau Casino

News Brief: Macau tycoon Stanley Ho yesterday unveiled plans for what will be the gambling haven's largest casino, the Oceanus, a colossal downtown entertainment complex covering three city blocks.

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