Asia News - Page 92

IA Global Inc. projected revenues would be $11,000,000-$11,800,000 for the 4th quarter of 2004 at current exchange rates and $30,800,000 - $31,600,000 for the full year 2004.

International News Brief: Thailand has protested to Cambodia that court proceedings were launched against six Thai gamblers charged with stealing 90 million baht from a Poipet casino without giving prior notice to the embassy in Phnom Penh.

International News Brief: The government on Tuesday opened the door to the hoped-for globalization of Hong Kong Jockey Club betting pools when it approved an application for the Macau Horse Racing Company to act as a betting agent.

International News Brief: An entertainment and property tycoon in China's southeast Fujian province has been sentenced to death for running a prostitution and gambling ring involving 50 government officials.

The Singapore Tourism Board has hooked two of the sea's largest fish in its quest to lure world-class casinos to the Southeast Asian city-state.

International News Brief: Police have caught nearly 600 people across China while investigating a series of online gambling cases that are related to a Taiwan company.

Kerzner International and CapitaLand will submit a joint concept proposal to the Singapore Government for the development of an integrated entertainment resort complex at Sentosa Island in Singapore.

MGM Mirage and CapitaLand have agreed to submit a joint concept proposal to the Singapore government for the development of an integrated entertainment resort complex at Marina Bayfront in Singapore.

International News Brief: Army officers have been sent to negotiate with Cambodian authorities and the owner of a casino in Poipet about the release of nine Thai gamblers being held for a 90 million baht ($2.3 million) scam.

nternational News Brief: The Philippines House of Representatives has approved a bill granting the Philippine Amusement and Gaming Corporation another 25 years to operate casinos and other forms of gambling in the country.

A selection of news and views from inside the industry this week.

International News Brief: One of gaming hotspot Macau's newest glitzy casinos – Greek Mythology – has bid to operate a proposed gambling resort in Singapore.

International News Brief: Police and military officials working in the Thai-Cambodian border area today launched an investigation into claims that nine Thai gamblers had cheated casinos in the Cambodian town of Poi Pet of over Bt90 million.

International News Brief: China's anti-gambling campaign has forced 84 casinos and small gambling houses in the neighboring countries out of business in the past two months.

International News Brief: The Provincial Board will review Provincial Ordinance Number 4 that regulates the operation of lotto terminals in Negros Oriental in the wake of recent developments on the legal issue of the game in Dumaguete City.

Inspired by its recent success promoting local trade shows before business leaders in South America, the Las Vegas Convention and Visitors Authority will this spring stage a similar promotional tour of China.

Greek Mythology Entertainment Group Limited reports its intention to submit a proposal to the Government of Singapore in response to its call for potential investments.

International News Brief: Gambling isn't exactly the foundation of a traditional Jewish lifestyle, but the world's richest Jew owes his tremendous fortune to casinos.

International News Brief: China will launch a relentless strike to crack down the rampant gambling and punish gamblers, government officials and state-owned company executives in particular, said Beijing's police chief.

International News Brief: South Korean investigators have uncovered a group of eight swindlers who allegedly tricked two people out of about 1 billion won during an illegal casino game.