Archives for April 2008
Thailand: Gambling worth ‘325 billions of Thai Baht a year’
Thais spend about Bt325 billion a year on gambling, legal and illegal, and about 23.7 million people play the underground lottery regularly, a Chulalongkorn University economist says.
Dr Nualnoi Treerat yesterday presented her latest study on gambling, which she said constituted a large portion of Thailand’s illicit economy, at a seminar entitled “The Gambling Economy and […]
Thailand: Prime Minister wants to legalize casino gambling
Prime Minister Samak Sundaravej called for the legalization of casinos in select tourist resorts as a means of generating income and undermining rampant illegal gambling. Returning from Cambodia, Samak said he supported the idea of setting up casino at hotels in Thai tourist resorts to attract foreign tourists and Thai nationals who would need to […]
Thailand: Illegal Internet gambling hits Sa Kaew
Casinos in the border town of Poipet in Cambodia have opened Internet gambling sites which allegedly draw a daily cash flow of almost 1 billion Thai Baht. The move has proved popular among Thai youths in Sa Kaew who prefer it to the usual football betting.
TOT officials from Aranyaprathet went to investigate phone lines at […]
Macau casinos losing billions to illegal side betting
Hong Kong - Casinos in the world’s gambling capital Macau may have lost more than 2.5 billion US dollars a year to illegal side bets in their VIP rooms, a news report said Monday.
The under-the-table wagers could be wiping out 50 per cent of the southern Chinese resort’s casino revenue with around 13 billion US […]
Spain to build world’s second biggest gambling centre in a desert
Madrid - The north-eastern Spanish region of Aragon has announced plans to build the world’s biggest casino complex after Las Vegas, media reported Thursday. The complex of 32 casinos, five theme or amusement parks and other forms of entertainment will be created in an area measuring more than 2,000 hectares in Los Monegros desert, where […]
Thai gambling site for low-budget punters
An online casino has caught on with Thai teens on shoestring budgets.The website - www.holiday-palace.com - sounds like the name of a popular casino in the Cambodian border town of Poipet, across from Sa Kaew’s Aranyaprathet district.
A member of the site from Chiang Mai said that the virtual casino offered three kinds of games - […]
Macau launch for the massive Las Vegas of the East
Through the opening of the Venetian Macao-Resort-Hotel yesterday as the first phase of the giant Cotai Strip project, Nevada-based Las Vegas Sands Corp has introduced a new chapter of tourism development to Asia. “We spend billions of dollars because we know demand will be here. This will be the meeting place of East and West. […]
100 million US dollar corruption trial kicks off in Macau
Hong Kong - Macau’s biggest corruption trial began Monday as a former senior official appeared in court accused of corruptly amassing 100 million US dollars during his seven years in office. Ex-Secretary for Transport and Public Works in the southern Chinese gambling resort Ao Man-long faces 76 counts of taking bribes, money laundering and abuse […]
Asia’s gambling capital, Macau, might raise casino entry age to 21
Hong Kong - Macau’s booming gambling industry on Thursday was considering how to respond to a proposal by the territory’s leader to increase the legal age for entering casinos from 18 to 21. Millions of young gamblers would be excluded by the new age limit suggested by Chief Executive Edmund Ho while school leavers would […]
No more bets, please
Macau is the casino capital of the world, but beyond the tables there’s 400 years of cultural heritage from East and West to see. For a small, quiet island, Macau has one big reputation. Sharp-eyed businessmen have been quick to spot the opportunities of an island just an hour or so by ferry away from […]