Asia News - Page 90

Paul Steelman knew that his work in Macau set new standards for the Chinese market when local officials began using his progress to measure the pace of construction projects.

International News Brief: An estimated P20-million worth of casino chips are missing from several branches of Casino Filipino, Rep. Imee Marcos of Ilocos Norte said on Saturday.

International News Brief: China’s government has arrested more than 10,000 people in a massive nationwide campaign against gambling, state media reported today.

International News Brief: Macau fever and the ensuing mania for the enclave's plays may have cooled in recent months, but it's not too late to take a punt on Shun Tak Holdings Ltd.

International News Brief: A private investor is planning to sell shares in eight VIP rooms in Macau's Galaxy Casino in an initial public offering slated for the end of June, sources said.

International News Brief: Macau is poised to overtake Las Vegas as the gambling capital of the world before the end of the year.

nternational News Brief: Macau gambling magnate Stanley Ho is back and is set to open his floating casino in Manila Bay, Ilocos Norte Rep. Imee Marcos claimed yesterday.

International News Brief: Sands Casino’s Macao casino boasts many innovative design features and ideas that have never been used in casinos.

International News Brief: Some of the world’s top architects have been hired to design Singapore’s first casino.

International News Brief: Even before the first dice are thrown, the bidders for the proposed Singapore casino could have spent about $20 million on their proposals.

International News Brief: Singapore plans to build its first casino, reversing a four-decade ban, as it seeks new industries to replace manufacturers that are moving to lower-cost China and India.

International News Brief: The world's major casino operators, which have submitted concept proposals for Singapore's first integrated resort, appear to favour the site at Marina Bayfront over Sentosa.

Several worldwide hotel chains will join Las Vegas Sands Corp. in developing seven hotel-casinos on the Cotai Strip region of Macau, investing up to $6 billion in the expanding tourism market's initial phase.

Chimera Technology Corp. reports that its latest initiative, www.724Pay.com, will facilitate Chimera's access to over 80% of the Chinese population.

Las Vegas Sands already operates the Sands Macau, which opened in 2004, and is building the $1.8 billion Venetian Macau, which will serve as an entrance to the Cotai Strip. Macau is just the tip of the growth opportunities for Las Vegas Sands.

International News Brief: Koreans will be prohibited from using credit cards in overseas casinos from next week, the Financial Supervisory Service said.

International News Brief: Wynn Resorts Ltd is offering to spend as much as $1.5 billion to win the right to build and run Singapore's first casino, Wynn President Ronald Kramer said.

International News Brief: Minister Vivian Balakrishnan said the Government would finally be held accountable by Singaporeans for whatever choice was made.

International News Brief: A soccer bookie was on Friday fined RM30,000 in default 12 months' jail whilst two punters fined RM2,000 each in default one month's jail for taking bets via the internet on Euro 2004 soccer on July 5 last year.

International News Brief: Ministerial statement on whether Singapore will proceed with the casino proposal will be made in Parliament on April 18.