Asia News - Page 93

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.

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.