Asia News - Page 87

MGM Mirage reports that it, along with its partner CapitaLand, has been invited by the Singapore government to submit a joint proposal for an integrated resort complex in the Marina Bayfront.

International News Brief: The government should consider allowing the establishment of casinos mixed with hotel and convention facilities to boost Hong Kong's tourism industry, according to a legislator.

International News Brief: Singapore has eliminated at least one Hong Kong bidder from the competition to open a casino resort in the city state.

International News Brief: Specialist infotech firms offering niche solutions for casino operators could hit the jackpot once the two integrated resorts come up in Singapore.

International News Brief: Tabcorp is expected to team up with Village Roadshow for the next round of proposals for Singapore's two casino and resort projects which could be valued at more than $5 billion.

International News Brief: Singapore, which lifted its ban on casinos this week, probably won't cut gaming revenue at Macau because the cities are vying for different markets, analysts such as Karen Tang say.

News Brief: Prime Minister Thaksin Shinawatra said yesterday the government was not ready to think about legalising casinos in Thailand since it had many other problems that needed tackling more urgently.

International News Brief: Several Asian countries are easing restrictions on casinos, taking a bet that Las Vegas-style gambling halls will attract more tourists and create jobs.

MGM Mirage said today the government of Macau has granted a subconcession to a joint venture with business partner Pansy Ho Chiu-king to build a $975 million casino resort in the Chinese province.

International News Brief: A Malaysian couple were receiving stakes of up to RM30,000 per day in their illegal betting operation.

International News Brief: Tourism Academy at Sentosa begins training second year students of the Hospitality and Tourism Diploma course from Temasek Polytechnic to fill the 35,000 jobs that will be created by Singapore’s new casino resorts.

Singapore announced Monday that it would allow construction of a pair of Las Vegas-style casinos, giving two gaming operators a potential for a significant revenue jump by the end of the decade.

International News Brief: Most analysts and industry watchers are decidedly bullish over the economic prospects and spin-offs an integrated casino resort will bring to Singapore, although social costs are still hard to quantify.

MGM Mirage reports that its joint venture partnership with Pansy Ho Chiu-king has been granted a subconcession which allows the partnership to develop and operate hotel and casino resorts in Macau.

International News Brief: The Government will set up a comprehensive national framework to tackle problem gambling in Singapore.

Singapore scrapped a four-decade ban on casinos to boost tourism, clearing the way for companies including Las Vegas Sands Corp., Wynn Resorts Ltd., Harrah's Entertainment Inc. and MGM Mirage to compete for the right to build two entertainment complexes in the city.

International News Brief: Most Singaporeans were not surprised by the Government's green light for the integrated resorts-cum-casinos.

International News Brief: Singapore will allow two integrated casino resorts to be built, one at the Marina Bayfront and another on Sentosa, Prime Minister Lee Hsien Loong revealed in Parliament on Monday.

International News Brief: Deputy Prime Minister Tony Tan has said that Singapore must be ready to tackle the social costs if it decides to have a casino.

International News Brief: For some Thais, the New Year holidays are an excuse to nip across the Cambodian border for a spot of one of the oldest vices: gambling.