The Gambling Control Commission will announce a detailed plan on the matter
Korea, Republic Of
(South Korea).- Kangwon Land, the operator of South Korean only casino open to local citizens, dropped by its daily trading limit in Seoul trading ahead of an announcement of the government’;s plan to control gambling.
Its Compliance to be ready for business in January 2009
(Singapore).- BMM Compliance announced that it has established a presence in Singapore and will be opening the first gaming test lab operation in the country. BMM Compliance Singapore office will be ready for business in January 2009.
MGM Grand Ho Tram will anchor a us$ 4.2 billion resort complex
(Vietnam).- MGM Mirage announced it is teaming up with an Asian development company to build a "Las Vegas-style" casino in Vietnam. Asian Coast Development Ltd. will own and finance the MGM Grand Ho Tram. MGM Mirage will give development assistance and operate the resort property when it’;s completed.
A commercial decision of the company
(Macau).- Galaxy Entertainment Group will delay the opening of its new casino in Macau to 2010 from the middle of next year because of a difficult market, the firm said last week.
Kare to use the latest technology from Innocore’s Intel-based gaming board range
(Russia / UK).- Innocore Gaming Ltd, one of the leading manufacturers of PC based gaming platforms, announced that Kare Technology has selected Innocore to supply the platform for its next generation games.
It will be responsible for developing the site’s customer base in Asia
(Hong Kong).- Hong Kong-based online gaming developer and operator AsianLogic Limited has signed an agreement to become the exclusive marketing partner in Asia for Alderney-licensed three-dimensional virtual poker room PKR.com.
Prioritising structural investments
(Macau).- Around one quarter of Macau’s budget for 2009, estimated at us$ 5.58 billion, has been earmarked for investments and expenses for development of the territory, according to figures published in an official statement cited by MacauNews.
Genting, Las Vegas Sands Corp. and MGM Mirage
Korea, Republic Of
(South Korea).- Shun Tak Holdings, Genting, Las Vegas Sands Corp. and MGM Mirage are looking to open gaming and resort businesses in South Korea, the South China Morning Post reported, citing government authorities.
After resort projects halted
(Macau).- Macau struggling casino operator Las Vegas Sands Corp. will lay off as many as 11,000 workers after a cash crunch forced the company to halt construction on multibillion dollar projects in the Chinese gambling city, a top executive said this week.
The only hotel in Macau recognized with prestigious Mobil Five-Star ranking
(Macau / Hong Kong).- Wynn Macau announced that it has won two unprecedented Mobil Five-Star awards from Mobil Travel Guide in its highly anticipated inaugural Hong Kong & Macau edition, launched in Hong Kong on November 6.