Asia News - Page 94

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.

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.

News Brief: More than 100 potential developers, investors and operators discussed Singapore's proposed casino with the Singapore Tourist Board on Wednesday and visited two possible sites for the project.

Las Vegas Sands Corp. said the chief operating officer of its Sands Macau casino, Thuy Trinh, resigned effective immediately and was temporarily replaced by the company's top executive in the city, Frank McFadden.

nternational News Brief: Stanley Ho will pay HK$92 million to buy a 3.44 percent stake in Emperor Entertainment Hotel, a hotel-casino developer controlled by tycoon Albert Yeung, expanding his already huge presence in Macau.

International News Brief: Chinese tourists, including some Party and government officials, are squandering hundreds of millions of yuan each year at a North Korean five-star hotel and casino, state media said on Wednesday.

International News Brief: Since Macau, which returned to Chinese rule in 1999, deregulated its gaming industry in 2001 to allow foreign investment, it has enjoyed an unprecedented economic boom.

International News Brief: The Genting group will celebrate its 40th anniversary this year on a high note as it is poised to reap the benefits of its expansion in Britain as well as the higher number of tourist arrivals anticipated at its hill resort.