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Asia News - Page 90

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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.

China Cashes in its North Korean Casino Chips

International News Brief: North Korea is caught up in a rift with its closest friend, China, following the closure of a little-known casino that was an important income-earner for the impoverished Pyongyang regime.

US Gaming Giant Harrah's Joins Singapore Casino Race

International News Brief: US gaming giant Harrah's on Wednesday became the latest international gaming firm to enter the race to build Singapore's first casino.

Scientific Games, Sports Toto Sign Deal

Scientific Games Worldwide, Ltd. Has completed an agreement with Sports Toto Co., Ltd., a Korean company, to supply equipment, a software license and related software maintenance and support for its development of a fixed odds gaming system.

Singapore Official Supports Call for Casino Proposals

International News Brief: Singapore Minister Mentor Lee Kuan Yew says that the government's move to call for project proposals was the right step.

MGM Mirage's Macau Venture Approved

MGM Mirage reports that the Mississippi Gaming Commission has unanimously granted a waiver of approval with respect to the Company's application to engage in gaming activities in Macau S.A.R.

Fortuna Pays for Macau Casino Stake

International News Brief: After teasing shareholders for two months with the possibility of a Macau gambling investment deal, Fortuna International Holdings has at last announced a HK$50 million agreement to take a 30 percent stake in a casino hotel in the territory.

China Wages Losing War Against Gambling

International News Brief: In the 1980s and 1990s, many of the whales were Japanese businessmen. But today, according to Las Vegas moguls, more than 50 per cent are Chinese.

International Game Technology Creates Division for Macau Market

Casino gaming is continuing its rapid expansion into the Chinese gaming enclave of Macau, and the industry's leading slot machine manufacturer announced Tuesday it was creating a division to serve the growing market.

Singapore to Receive Wynn Bid

The company, now preparing to open the $2.5 billion Wynn Las Vegas April 28, wants to build a gambling house at the Marina Bayfront near Singapore's central business district.

IGT Forms Asian Division

International Game Technology reports the formation of a new company division to service the Asian gaming markets.

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