Asia News - Page 93

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.

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.

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.

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.

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.

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.

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.

A Vietnamese man was sentenced for convincing members of the Las Vegas Vietnamese community to give him money so he could finalize a deal to build a Las Vegas-style casino in Vietnam.

Investment opportunities in the fast-growing Asian gaming market will be the topic of the Asian Gaming Investment Forum at the Asian Gaming Expo.

International News Brief: MGM Mirage is close to securing regulatory approval for its proposed joint venture with gambling heiress Pansy Ho to build a casino in Macau, according to company executives.

International News Brief: The State Government will explore the possibility of bringing in a new piece of legislation for resuming a lottery in Kerala, India.

International News Brief: Sheldon Adelson says what's good for Las Vegas is good for Israel.

International News Brief: A proposal to build a casino in Singapore has divided the government and is opposed by Lee Kuan Yew, the country's founding premier who holds the third most powerful post in the cabinet.

International News Brief: The Provincial Legal Office has started the initial review of Provincial Ordinance 4.

International News Brief: China has detained about 15,000 people suspected of gambling offences since a crackdown announced in November, state media said on Friday.

Multimedia Games, Inc. has been selected by Mifal Hapayis, the operator of the Israel National Lottery, to provide an Electronic Instant Lottery System.

International News Brief: Statistics from Beijing University's China Center for Lottery Studies shows that 600 billion yuan flow out of the country in gambling stakes every year.

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.