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Asia News - Page 94

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Singapore Government to Accept Casino Proposals

International News Brief: The government will be inviting interested casino operators to submit their proposals to build a casino in Singapore.

Malaysian Government Won't Abolish Gambling

International News Brief: The Malaysian Finance Ministry Parliamentary Secretary Datuk Dr Hilmi Yahya said the present number of three draw days per week would stay and that the government had no plan to completely abolish legal gambling.

Online Petition Against Building Casino In Singapore Gaining Momentum

International News Brief: A group of Singaporeans who are against the idea of building a casino here have taken their petition into cyberspace.

Analysts: Las Vegas Sands is a Good Bet

News Brief: With a strong operating history and growth potential in Las Vegas and in Asia's Macau, Las Vegas Sands could offer a significant payout for those investors willing to play a hand.

Ho Planned Venture to Dwarf Others

International News Brief: Gambling heiress Pansy Ho has stayed nearly mum about her planned joint venture with American gaming giant MGM Mirage. In a recent presentation, she revealed that it was going to dwarf all other developments.

Wynn Seeks Macau Expansion

Instead of developing second and third Macau properties with other hotel owners, Steve Wynn says the power of Macau is too valuable to sell, and that he'll build at least one, and possibly two properties on the island.

Macau Visitor Numbers Up

International News Brief: Macau, which has just 451,000 residents, logged a record 1.52 million visitor arrivals last month, an increase of 45.6 per cent on the same month last year, the Macau Statistics and Census Bureau said on Friday.

Another Deficit For Japan's Soccer Lottery

International News Brief: Japan's soccer-lottery operation will likely run into a deficit for its second consecutive year.

Ho Opens Talks with Neighbors

International News Brief: Macau gambling mogul Stanley Ho has opened talks with neighbouring Zhuhai about extending his empire into mainland China.

Funeral Wakes Double-Up as Gambling Joints

International News Brief: Funeral wakes have become occasions for illegal gambling in Singapore, prompting a series of raids by police, officials said on Monday.

PBL, Melco Plan to Expand in Asia

International News Brief: Australia's largest publishing and gaming firm, Publishing and Broadcast Ltd, and Hong Kong joint venture partner Melco signalled plans on Monday to expand in the gaming business in Asia, with possible casinos in Thailand and Singapore.

Hong Kong Tycoon Bets Big in Manila

International News Brief: Hong Kong tycoon Cheng Yu-tung bought the Hyatt Hotel and 40% of the adjoining Casino Manila two years ago. Construction workers now frantically prepare the resort for its grand launch early next year in Manila.

Philippine Government Slammed for Opening Casino

International News Brief: Several Chinese Filipino organizations, led by the group Kaisa Para sa Kaunlaran, Inc., on Friday slammed the Philippine Amusement and Gaming Corp. for opening a casino in Binondo, Manila despite the residents’ protests.

Singapore Leader Changes Stance on Casinos

International News Brief: In a globalised world, Singapore’s Minister Mentor Lee Kuan Yew feels the decision on having a casino is something for the new generation of leaders to look at.

Few New Year's Eve Sellouts for Vegas Resorts

Only two Las Vegas resorts are reporting sellouts. Still, most Strip executives are sure their properties will be filled to capacity when the party hits town.

Harrah's Says Singapore Will Be Key to Asian Growth

International News Brief: Harrah's Entertainment says it's interested in a planned Singapore gaming development that it will use to expand in Asia.

Malaysian Cops Smash Betting Ring

International News Brief: Malaysian police arrested four men for allegedly running an illegal soccer betting ring that raked in more than US$39.4 million over the past year, a news report said Tuesday.

Filipino Senator Opposes Jueteng Legalization

International News Brief: Senator Aquilino Pimentel Jr. opposed yesterday yet another attempt to legalize the popular numbers game jueteng.

Company Names New Leader For Macau Operation

Las Vegas Sands Inc. has chosen the head of another casino company to oversee its operations in Macau, a Chinese gambling enclave that recently ended its casino monopoly, a newspaper reported today.

South African Businessman Bets on Indian Casino Venture

nternational News Brief: A leading South African Indian businessman, working to set up a casino resort in India on the lines of the one at Las Vegas, is hoping his venture will get the green signal.

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