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Asia News - Page 93

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Singapore Premier: Government Divided Over Casinos

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.

Philippines' Lottery Ordinance Under Review

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

China Detains 15,000 in Gambling Crackdown

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 Selected for Israel National Lottery

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

600 Billion Yuan "Gambling" Outflow

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 Increases Revenue Guidance

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.

Thai Protest To Cambodia Over Gambling Case

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.

Macau Approved to Take Hong Kong Jockey Club Bets

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.

Chinese Tycoon Sentenced To Death Over Casino, Brothel Business

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.

Singapore Lures Gaming Groups

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.

China Crackdown on Online Gambling

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, CapitaLand to Submit Singapore Proposal

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, CapitaLand to Submit Singpore Proposal

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.

Army Officers To Negotiate For Release Of Nine Thai Gamblers

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.

Pagcor Granted Extension

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.

Inside Gaming: Mergers May Multiply for Casinos

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

Macau Gambling Firm Bids To Operate Resort In Singapore

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

Thailand Launches Investigation Into Gambling Accusations

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.

China: Anti-Gambling War Forces 84 Casinos to Close

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.

Philippine Board to Review Lotto Regulation

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.

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