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Asia News - Page 98

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Chinese Soccer Manager Blames Gambling

nternational News Brief: A leading Chinese soccer club manager said on Tuesday that the country's professional league was facing collapse because of rampant corruption and match-fixing.

The Die Is Cast - Casinos Short Of Workers

International News Brief: A threatened labour shortage in the booming gambling city of Macau became a reality last weekend when a new casino opened its doors for business even though it was short of skilled staff.

South Korea Betting On Foreign-Owned Casinos

International News Brief: Searching for new growth industries, Korea is taking bets on casinos - and Las Vegas is looking.

Skynet in Talks to Build Macau Hotel-Casino

International News Brief: Skynet Holdings is in talks to build a hotel-casino complex in Macau for tycoon Stanley Ho.

Genting Aims to Grow

International News Brief: Malaysia’s sole casino group Genting is betting on becoming a bigger regional power player in what is seen as a move to further cut its dependence on gamblers' wagers amidst rising regional competition.

Cleaners Strike Macau's Sands

News Brief: More than 20 cleaners at Macau's Sands casino staged a brief strike after their union leader was fired in a pay dispute with one of the casino's contractors, the fired leader said today.

Board Backs Sands Offering

The Nevada Gaming Control Board on Friday endorsed a common stock offering designed to raise $575 million for the company building the $1.6 billion Palazzo megaresort on the Strip and expanding to Macau.

Japanese Returning to Las Vegas

Saying sayonara to a recent widespread reluctance to travel abroad, an increasing number of Japanese are expected to visit the United States this year, a new study says.

Macau to Learn from Las Vegas

ews Brief: In effect aiming to mirror the success of The Strip, which 20 years ago was only famous for its casinos, Macau hopes to use Las Vegas know-how to reposition itself as a destination for families, business conventions, sightseeing and shopping.

Caesars Official: Singapore's Restrictions to Deter Companies

International News Brief: Mike Stirling, senior vice-president for international operations at Caesars Entertainment, said any entry restrictions the Singapore government may impose will most likely deter large-scale gaming companies from investing here.

Malaysian Casino Plan Proposed

International News Brief: A Malaysian government backbencher today suggested that a casino be built in Sabah to develop the state’s tourism industry and economy.

Filipino Internet Casino Ordered Closed

International News Brief: Pasig City Mayor Vicente Eusebio has ordered the closure of an Internet cafe operating as an eCasino shop at the Ortigas Center.

Gambling Goes Mobile

International News Brief: Coruscant Tec, an Indian mobile data content and applications firm, has linked up with UK based ADLM Ltd, a holding company for leading online casinos, to develop and distribute casino based mobile games worldwide including India.

Hong Kong Police Bust Gambling Ring

International News Brief: Hong Kong police smashed the second illegal insect-fighting gambling ring in a month when they arrested 43 people for betting on battles between pet crickets, officers said on Tuesday.

Company Denies Reports on South Korea

MGM Mirage officials are denying news reports that the company is part of a team of U.S. investors that has signed or is about to sign a deal to build a "leisure complex" west of the South Korean capital.

Controversy Fills Singapore's Casino Debate

International News Brief: The issue of legalising casino gaming in Singapore has so far proved every bit as controversial as it had promised to be.

IA Global Increases Revenue Guidance

IA Global Inc. reports that revenues would be $8,400,000-$9,000,000 for Q3 2004 at current exchange rates.

Betting on Wheels

International News Brief: Indian bookmakers are now operating their businesses out of vans as a way to avoid police raids.

Gambling Beyond Nevada: Sands Macau Off to Roaring Start

The first American-owned casino in Asia, the Sands Macau, exceeded all expectations with its first two months in operation.

Melco to Buy Macau Stake From Chairman

International News Brief: Melco International Development Ltd will buy a one-half stake in a planned hotel and casino from Ho for HK$100 million ($13 million).

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