Singapore News - Page 10

International News Brief: An International Advisory Panel (IAP) has been set up to advise Singapore on issues related to problem gambling and addictions.

International News Brief: Asia Pacific Breweries Singapore will appear in court to answer claims made by four foreign banks on their financial losses arising from bogus loans obtained by their former finance manager.

A day after opening the $2.4 billion Venetian Macau in China, Las Vegas Sands Corp. officials said costs had risen on the company's Singapore project.

International News Brief: The cost of Singapore's first casino development could balloon by up to 40 percent in a struggle to keep the project on budget, reports said Wednesday.

International News Brief: International studies show youths are two to four times more susceptible to problem gambling compared to adults.

International News Brief: Genting International gained full control of a $3.4 billion casino project here after shareholders yesterday approved plans to buy a 25 per cent stake of sister firm Star Cruises.

International News Brief: The Singapore government on April 16 gave gambling firm Genting International Plc the go-ahead to build a casino, following extended probity checks after the group announced links with Macau tycoon Stanley Ho.

International News Brief: Genting International said on late on March 27 it would buy sister firm Star Cruises's 25% stake in their joint Singapore casino project for S$255 million.

International News Brief: The Home Affairs Ministry reiterates that casino operators in Singapore's two integrated resorts will have to clear suitability checks.

International News Brief: Genting International said sister firm Star Cruises would withdraw from a $3.4 billion Singapore casino venture, leaving the gaming company in full control.

International News Brief: Genting International and Star Cruises will be able to proceed with the development of the integrated resort at Sentosa.

International News Brief: Backed by growing economic affluence, Asia has room for eight to 10 Las Vegas-style strips offering gaming and entertainment facilities, US casino tycoon Sheldon Adelson said yesterday.

Las Vegas Sands Corp. formally broke ground on a $3.6 billion Marina Bay Sands on Thursday on the island-nation of Singapore, but company officials said construction costs might rise.

Singapore’s Minister for National Development and senior executives of Las Vegas Sands will mark the rising of the LVS Singapore integrated resort project onsite with guests and media.

International News Brief: Genting International plc has increased its investment in the joint venture Resorts World At Sentosa Pte Ltd.

nternational News Brief: Singapore's government is questioning a tie-up between Genting International, which won one of the two casino licences in the city-state, and casino mogul Stanley Ho.

The Singapore government last year asked CB Richard Ellis Executive Vice President John Knott and his Global Gaming Group team to affix values to the two land parcels the city-state proposed as casino destinations.

News Brief: Malaysian gambling and leisure group Genting Bhd. has won the licence to build and run Singapore's second casino resort, the city-state said on Friday.

International News Brief: Genting Bhd is confident of winning Singapore's second casino licence and expects an announcement on the winning bid this week, said president, chairman and chief executive Tan Sri Lim Kok Thay.

International News Brief: James Packer's Publishing and Broadcasting Ltd is facing an uphill battle to win the right to Singapore's second casino.