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Asia News - Page 98

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Money Rolling into Revamped Macau

International News Brief: Gambling Macau-style has changed dramatically since Sands, a subsidiary of the Venetian company that owns its namesake hotel-casino complex in Las Vegas, opened in May.

Bus Driver Arrested for Using Fake Card to Pay Casinos

International News Brief: Macau police arrested a Hong Kong mini-bus driver who allegedly used a fake credit card to pay back a HK$ 90,000 debt to loansharks in Hong Kong.

China Clamps Down on Vices

nternational News Brief: Hundreds of China’s entertainment venues have been shut down following a campaign to clamp down on prostitution, gambling and drugs.

Countries Use Variety for Gambling Restrictions

International News Brief: Many countries are using different methods to control and restrict gambling within their borders.

Lower-Income Singaporeans May Be Barred from Casinos

International News Brief: Lower-income people may be barred from Singapore's proposed first casino if the government decides to go ahead with the project, Prime Minister Lee Hsien Loong said.

Canadian Sues Nepalese Casino

International News Brief: A Canadian has dragged a casino in Nepal to court for violating the norms of blackjack.

Singapore Joins Global Casino Scene

International News Brief: Singaporean Prime Minister Lee Hsien Loong has announced plans for a casino resort, hoping to cash in on the wildfire expansion of gambling around Asia.

Singapore Development May Include Casino

nternational News Brief: Land-starved Singapore is relaxing its property ownership rules to sell an exclusive waterfront development that may include a casino.

Israel Illegal Gambling Profit Subject to Taxes

International News Brief: Israel’s Ministry of Finance income and property tax division has ruled that profits from illegal gambling are subject to the regular tax rate.

Hong Kong Sports World Hit by Gambling Scandal

International News Brief: While doping scandals rock the Olympic games in Greece, police in Hong Kong Saturday busted an underground network of illegal sports gambling.

More Casinos to Impact Asia

International News Brief: The opening of more casino industries in the Asian region will present more opportunities for operators to expand but it could also pose a threat to their existing businesses due to increased competition, according to GK Goh Research.

Police Bust Bug Betting Ring

International News Brief: Hong Kong's obsession with gambling reached unusual extremes on Monday when 115 people were arrested for betting on insect fights.

Indonesian Police Raid Gambling Den

International News Brief: Indonesian police have raided a gambling den reportedly owned by former East Timor militia boss, Eurico Guterres, who has been convicted of crimes against humanity in his former homeland.

Four Arrested in Vietnam for Illegal Euro Betting Network

International News Brief: Four men were arrested in Vietnam for operating an illegal network that took bets on Euro 2004, taking the total number of gambling-related arrests during the championship to 643, police said Wednesday.

Business Booming in Macau as Venetian Owner Plans Expansion

Executives for Venetian owner Las Vegas Sands Inc. said Tuesday the company is moving quickly to cash in on a small part of the world that is expected to surpass Nevada in a few years as the world's largest gambling destination.

Ban Placed on Cambodia Casino Building Material

International News Brief: A ban has been put on the movement of building materials from Thailand to a new casino complex under construction in Cambodia, adjacent to the Chong Sa-ngam border checkpoint in Si Sa Ket province.

Packer in Talks for High-Roller Macau Casino

International News Brief: Kerry Packer's Publishing & Broadcasting Ltd is in talks to win a management contract at one of Macau's new Las Vegas-style casinos as it seeks to become one of the world's biggest operators of high-roller gaming businesses.

Cambodian Army Protest Casino Project

International News Brief: The army has protested against a casino complex being built just inside Cambodia near the Chong Sa-ngarm border checkpoint in Si Sa Ket.

Pact May Help Spur China-Las Vegas Flights

A landmark aviation agreement completed this weekend removed one of the last roadblocks to widespread travel between China and the United States.

Israeli Cabinet Approves Horse Racing

International News Brief: Israel’s social and economic cabinet have approved horse racing in the north and south of the country, including betting at the race tracks.

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