(India).- Goa Chief Minister Manohar Parrikar vowed to eliminate offshore casinos from the state's waterfronts before he completes his tenure, in four years. "By the time I complete four years, there will be no casino boat in Goa's waters," Parrikar said, adding that he might require one more year to complete get them out if there are any licensing obligations.
There will be three types of visit limits
(Singapore).- Singapore authorities will put in place a casino visit limit scheme to cap the number of visits a financially vulnerable resident can make to the country's two casinos. The limit on the citizens and permanent residents who are financially vulnerable will come into effect from June 1, local media informed.
Video Bingo games and other innovations were presented
(Macau).- Zitro has been part of the most important trade fair in the Asian market, G2E Asia. It has put on show a unique and differentiated product which has gathered the attention of many visitors who have all highly praised it.
Warns Fitch Ratings
(Macau).- Macau is too dependent on casino-related activities, Fitch Ratings said in a statement. The house has maintained Macau’s long-term rating at ‘AA-’, the fourth-best investment grade with a stable outlook, but warned there are dangers ahead.
It plans to price the IPO on June 21
(Macau).- Macau Legend Development has kicked off pre-marketing for its planned approximately us$ 600 million Hong Kong initial public offering, Reuters reports. The news agency says it saw a term sheet for the offer this week.
Next week, in Moscow
(Russia).- On 5-6 June, Moscow’s Sokolniki Exhibition and Convention Centre will host the Russian Gaming Week 2013 Expo. Organizers announced a complete collection of modern versatile gaming equipment, as well as reliable first-hand information, and meeting with experienced market players, in dialogue with partners and competitors – all these features are traditional of RGW business program.
(Macau).- Philippines boxing legend Manny Pacquiao may visit Macau this autumn – prior to his fight at The Venetian Macao – to launch a new Aristocrat Technologies slot machine game based on his career. The news was given to Business Daily by the fighter’s manager Eric Pineda.
With the support of RGB Games
(Macau).- The G2E Tradeshow held in Macau witnessed R.Franco’s Tombola Roulette essence of gaming presented hand in hand with RGB Games. The event received a large number of casino and bingo visitors and operators searching for new and different products to offer additional gaming and entertainment alternatives and incentives to their clients.
The court said the expressions are too generic
(Macau).- The Court of Second Instance rejected Las Vegas Sands’s attempts to register “Cotai Strip CotaiExpo” and “Cotai Strip CotaiArena” as trademarks. Local newspaper Jornal Tribuna de Macau quoted two judgments that say both the expressions ‘Cotai’ and ‘Cotai strip’ stand for a specific area of the city where gaming, hotel and entertainment activities are being developed.
According to CEO Grant Bowie
(Macau).- MGM China Holdings’s project in Cotai is on track to be complete in mid-2016, chief executive Grant Bowie said. “We’ll have the foundations finished by the end of this year… and with the contractor now on board we can obviously start building the infrastructure in 2014,” Bowie told Business Daily.