April 17, 2007Singapore has briefed the head of the southern Chinese gambling enclave Macau about the city-state’s plans for two gaming resorts, the trade minister said Monday.
Lim hng Kiang was speaking to reporters after Macau chief executive Edmund Ho ended a two-day visit to Singapore over the weekend.
Posted in Economy & Business, Macau Casino, Macau General, Singapore Casino, Social and Politics 
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April 14, 2007Singapore companies and investors are now starting to look at opportunities in Macau, particularly in its booming gaming industry.
A memorandum of understanding (MOU) was signed on Friday, giving a boost to business relations between the two parties.
Posted in CapitaLand, Economy & Business, Macau Business, Macau Casino, Macau General, STDM | SJM, Singapore Casino No Comments »
March 5, 2007As was to be expected Genting International PLC is pulling out of a tie-up with Macau casino tycoon Stanley Ho after the deal came under the scrutiny of the government here, the company said.
Genting International said in a written statement issued Saturday that it would sell to its sister company, Star Cruises Ltd, its stake of 25 pct stake in a Macau hotel and casino project linked to Ho.
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March 2, 2007Genting International Ltd. said Thursday that its multibillion casino resort in Singapore is more important than its Macau casino project and that it is fully cooperating with Singapore authorities to qualify for a gaming license.
“Sentosa is the more important project for Genting (than Macau),” the company’s chief executive, Justin Tan, told reporters. “We only have a minority interest in Macau.”
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February 28, 2007Singapore authority is seriously MAD at Genting Berhad and is set to teach the junior Lim a painful lesson he’ll never forget for the rest of his life. If today’s statement is any indicator to goes by, Genting’s two affiliates Star Cruise Ltd and Genting International might be severely punished (get ready for the stocks price to get beaten as well) for showing disrespect to Singapore by announcing a partnership with Stanley Ho without consulting Singapore authorities.
Singapore said it has not yet awarded a casino license to Genting Berhad, even though the Malaysian gaming group won a tender in December. On Thursday, Genting is due to sign an agreement with Sentosa Development Corp., a government-owned body which runs the resort island where the casino will be built.
Posted in Macau Business, Macau Casino, Macau News, Resorts World Macau, STDM | SJM, Singapore Casino, Stanley Ho No Comments »
January 18, 2007Macau casino tycoon Stanley has done a deal with Star Cruises, owned by Genting International Group, to buy a ten per cent stake in the company in exchange for the rights to build and operate a casino in Macau.
Star Cruises, who are the worlds third largest cruise operator, have suspended shares since January 12, announcing that a price-sensitive potential transaction was on the table, evidently in response to this news.
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November 29, 2006JAMES Packer’s $4.7 billion Singapore casino bid is offering to set up a soccer school run by football star Pele, and to create a reef designed by the grandson of Jacques Cousteau.
The latest attractions being offered by the Eighth Wonder consortium were outlined in the final round of presentations this week.
Posted in City of Dreams, Cotai Strip, Crown Macau, James Packer, Macau Business, Macau Casino, Macau Gaming, Macau Tourism, Melco Crown, Singapore Casino, Stanley Ho No Comments »
November 13, 2006An excellent article written by Eric Ellis of the Sydney Morning Herald. This is about the Singaporean second casino bid. One must wonder why James Packer does not put the wow factor in his own backyard, the Burswood Casino in Perth. The writer is absolutely right Burswood gets many gamblers from Indonesia, Malaysia and Singapore as it is only an 4-6 hour flight!
SO DO James Packer and friends have the elusive “Wow Factor”?
Posted in Crown Macau, James Packer, Macau Business, Macau Casino, Melco Crown, Singapore Casino, Stanley Ho No Comments »
