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Asia News - Page 90

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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.

Chocolate Fountain Flows at Bellagio

A fountain featuring 2,100 pounds of melted chocolate at the Jean-Philippe Patisserie is showcased inside the Spa Tower at the Bellagio.

Tabcorp, Packer Vie for Singapore Casino License

International News Brief: Gaming giant Tabcorp is set to take on Kerry Packer's Publishing & Broadcasting Ltd and a host of US gaming operators in the multi-million-dollar battle to create Singapore's first casino.

Casino Companies Bet on China

International News Brief: By the end of the decade, Macau could well surpass Las Vegas as the world's largest gambling market according to analysts.

Youbet to Launch Website in China

Youbet.com said today that it plans to launch a horse racing entertainment website in March of this year exclusively for access by customers in Mainland China.

Islamic Group Against Singapore Casino

International News Brief: The Islamic Religious Council of Singapore, or MUIS, has submitted a paper to the government, stating clearly its stand against the building of the casino.

Nepal to Draft Casino Regulations

International News Brief: After 29 years of operation of casinos, the Tourism Industry Division under the Ministry of Culture, Tourism and Civil Aviation has prepared a draft of a bill to regulate casinos.

Macau Welcomes 2 New Casinos

International News Brief: Two new casino halls opened for business in Macau yesterday, aimed at the tourists arriving during the Lunar New Year travel spree.

Singaporeans Barred From Posh Batam Casino After Gang Clash

International News Brief: Singaporeans who wanted to gamble at the Waterfront City casino on Saturday night were prevented from entering by special units of the Batam police.

Wanted Gambler Captured on Train

International News Brief: Cai Haowen, who is on China's wanted list for gambling away a large sum of public money, was captured in a train this weekend.

Sands Macao Opens Pearl Room

The Sands Macao, the first western-operated casino in Asia, has opened the luxurious Pearl Room, a new themed gaming room bedecked with sparkling pearl chandeliers situated adjacent to the main lobby of the Sands Macao.

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