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Singapore News - Page 21

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Asian Governments Praised For Vigilance

International News Brief: The Asian Football Confederation has praised the respective governments of Thailand, Malaysia and Singapore for their vigilance on cracking down illegal betting for the Euro 2004.

Genting: Singapore Casino May Hurt Earnings

International News Brief: Genting Bhd, owner of Asia's biggest publicly traded casino, said a plan by the Singapore government to set up a casino in the city state may hurt the Malaysian company's earnings.

Singapore Casino Decision Within 9 Months

International News Brief: The Singapore Government will decide on whether to allow a casino to open in the next six to nine months.

Singapore Has Chance at Gambling Pie

International News Brief: The world's gaming giants MGM-Mirage, Caesars Entertainment and Venetian Sands are betting that Singapore will capture a good slice of Asia’s gambling pie.

More Signing Up for Singapore Addictions Program

International News Brief: Last year, 1,556 people signed up for counselling in the Community Addictions Management Programme at the Singapore Institute of Mental Health, 46 per cent more than in 2002.

Bank Exec Used Casinos to Launder Money

International News Brief: An United Overseas Bank Card Center executive diverted money into his own account and got cash advances on his credit cards when gambling at casino cruises.

Sands Courting Singapore

International News Brief: Las Vegas Sands Inc. has approached the Singapore Government about developing a multi-million dollar gaming venue here, the company president said.

Consultant: Singapore Ought to Have Casino

International News Brief: Singaporeans spend close to US$1 billion a year in foreign casinos and having one here will not only plug this leak, but also give the convention industry a boost, according to a consulting company.

Police Bust Illegal Gambling Den in Singapore, 28 People Arrested

International News Brief: Police busted an illegal gambling den and arrested 28 people in a Joo Chiat shophouse.

Singapore Official: Gaming Operator Merger Won't Hurt Charities

International News Brief: According to Second Finance Minister Lim Hng Kiang, charities now being supported by Singapore Pools have been assured they will continue to receive funding after the gaming operator is acquired by the Totalisator Board.

Private Company to Run Proposed Singapore Casino

International News Brief: According to Second Finance Minister Lim Hng Kiang, a private company will probably run the casino that the Singapore government is mulling over on one of its southern islands.

Singapore Scrutinizes Lasseters Listings Application

International News Brief: Monetary Authority of Singapore is going through Australian casino operator Lasseters International Holdings's prospectus with a fine-tooth comb and is likely to extend the review period before the prospectus is registered.

Singapore to Decide on Casino

International News Brief: Singapore will decide in about six to nine months whether to allow a casino on the island after a study of the implications.

Singapore Official: Casinos Will Attract Tourists

International News Brief: The Singapore government says it is aware of the social problems casinos can create, but it is still considering allowing one to be built here to attract gambling tourists, according to a government official.

Lasseters Seeks Singapore Listing

News Brief: Lasseters International Holdings Ltd has cleared a hurdle to a listing on the Singapore Exchange.

Singapore Exec Jailed for Cheating Banks

International News Brief: In Singapore, a former finance manager with one of Asia's largest brewers has been sentenced to 42 years in jail for cheating German and Japanese banks out of $US70 million.

Singapore Casino Could Hit Jackpot

International News Brief: A casino opening in Singapore could trigger an annual jackpot up to $335 million in spin-offs and help create up to 1,000 jobs.

Vegas Companies Eye Singapore Opportunity

International News Brief: MGM Mirage and Caesars Entertainment Inc. are among the U.S. casino companies interested in potentially building a casino in Singapore.

Limited Access to Singapore Casino

International News Brief: Singapore is considering building a casino, but with strict restrictions to limit access to it.

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