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Asia News - Page 89

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Macao Nets $1.8 Billion from Gaming Tax

International News Brief: China's Macao Special Administrative Region government reaped $1.8 billion from taxing the gaming industry in 2004.

Thai Government Expected to Push for Casino

International News Brief: The planned launch of a casino business in Thailand will take a step closer to reality as the new cabinet of Prime Minister Thaksin Shinawatra is expected to give top priority to the issue.

Church Reveals Gambling Problem That Plagued Man

International News Brief: A compassionate family man who loved helping the elderly, but a man who had a weakness for gambling - this was the picture painted by pastors of 40-year-old Simon Lee, who jumped to his death from a flat at Tampines.

Win Win Gaming Raises $2 Million

Win Win Gaming, Inc. has raised $2,000,000 through a private placement of 4,000,000 shares of its common stock to the Van Wagoner Private Opportunities Fund, L.P.

Odds Against North Korean Casino as China Stops Flow of 'dirty cash'

International News Brief: The Emperor Casino the state opened amid the abject poverty in Raijin appeared to be respectability itself.

Chinese Officials Split Over Gambling Legislation

nternational News Brief: China’s lawmakers and enforcers are divided over a proposed law to ban gambling.

CPAmerica Submits Singapore Casino Proposal

CPAmerica has submitted a development concept proposal for a $1.5 billion family-oriented resort destination for a 'Downtown at Marina Bay' location and for a location on Sentosa Island in Singapore.

Starwood Submits Singapore Proposal

Starwood Hotels and Resorts Worldwide, a major hotel chain with business interests in Las Vegas, said Wednesday it has submitted a proposal for a $1.8 billion casino resort in Singapore with a Las Vegas partner.

Philippines Approves Online Cockfight Betting System

International News Brief: The state-owned Philippine Amusement and Gaming Corp. has approved the implementation of the country’s first Internet-based cockfight betting system.

MP Urges Parliament to Lift Whip on Casino Debate

International News Brief: MP Tan Soo Khoon urged the Singapore Parliament to thoroughly debate the casino issue and lift the Whip so MPs can vote with their conscience.

Singapore Casino Proposal Deadline Draws Surprise Bidders

International News Brief: In all, between 15 and 20 players are said to have submitted concepts by yesterday’s deadline for Singapore’s intergrated casino resort.

Seized Chips Were for Illegal Casino

International News Brief: Malaysian Police believe that an illegal gambling syndicate busted last week may have intended to use gambling chips, found in an apartment in Cheras, to open an illegal casino here.

Gambling Beyond Nevada: Casino Groups Pursue Singapore

Nevada's major casino companies all submitted bids Monday to develop a resort in Singapore that will include gaming to lure tourists to the island-state.

Singapore's Proposed Integrated Resort Gets Good Response

International News Brief: Response from foreign casino operators to take part in Singapore's proposed integrated resort has been strong.

China to Keep Illegal Gambling Money

International News Brief: The Supreme People's Court pledged Friday to show no mercy in punishing gamblers and preventing gambling by depriving gamblers of all their illegal gains.

Casinos Blamed for Rise in High School Dropouts

International News Brief: Macau's education authorities have observed a sharp fall in the number of students in high schools and blamed the increasing number of casinos for the serious dropout phenomenon.

Online Gambling Popular with Israelis

International News Brief: According to an online gambling company exec, Israelis are prevalent visitors on online gambling sites.

Aristocrat Boosted by Macau Orders

International News Brief: Three orders from the Sands Macau casino helped propel Australian slot-machine maker Aristocrat Leisure to record profits and sales last year, the company announced this week.

Bangladesh Journalists Attacked for Reporting on Gambling

International News Brief: A correspondent of the national daily Jugantor and electronic media ATN Bangla, was attacked after sending a report to the daily about a gambling programme at the Ekuesy Fair.

Filipino Mayor Blocks Casino Attempts

International News Brief: San Juan Mayor Joseph Victor Ejercito vowed to block attempts by the Philippine Amusement and Gaming Corporation or any private individual to open a casino in his town.

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