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Business 16 Oct 2007 | 12:00 AM

PBL reassessing demerger plan

Australia's Publishing Broadcasting Ltd (PBL) said it was reassessing plans to split its media and gaming assets as it looks at how proposed tax changes may impact the deal, knocking its shares down more than 5%.

Letters 25 May 2008 | 12:00 AM

Proving his metal

Symbolic as it may seem, but his shovel of the first lumps of iron ore into the hold of the Chinese carrier Heng Shan (Everlasting Mountain) last week, was a dream come true for Andrew 'Twiggy' Forrest.

Business 05 Jun 2008 | 12:00 AM

Crown scraps casino project

The developers of a US$5 billion Las Vegas casino have decided to scrap the project due to tight credit markets, one of the developers, Australia's Crown Ltd, said yesterday.

Business 04 Mar 2007 | 12:00 AM

World's casino kings betting on a Macau boom

MACAU (AP): Chinese businessman Cao Yanglin let his lunch of slow-cooked beef rib with truffle puree and lemon cream sauce go cold as he talked about his gambling spree the night before at the baccarat tables in Macau _ the world's new epicenter for gambling.

AseanPlus News 04 Jan 2006 | 12:00 AM

Casino bidder pulls out

THIS republic has very strong proposals from the four remaining bidders for the city's first casino licence, the tourism board said yesterday after an Australian-Hong Kong consortium pulled out of the process.

Business 05 Jan 2006 | 12:00 AM

Genting expects to clinch S’pore licence

GENTING Bhd is looking at a busy 2006 as it expects to clinch one of the two Singapore casino licences to operate in Marina Bay and Sentosa Island.

Business 14 Aug 2014 | 12:00 AM

Echo beats earnings target, Sydney casino profit up 12%

SYDNEY: Australian gaming group Echo Entertainment, which has been gearing up for a looming battle with a rival luxury casino a mile from its key Sydney asset, posted full-year earnings that beat its own forecast.

Business 14 Mar 2013 | 12:00 AM

Philippines bids to join global gambling elite

MANILA: The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world’s elite gaming destinations, with the launch of a US$1.2bil casino on Manila Bay.

Business 24 Jun 2013 | 10:54 AM

Partly Genting owned Echo unveils $1bil Sydney casino plan

Australian gaming firm Echo Entertainment has submitted plans for a $1 billion expansion of its Star casino in Sydney, including an option that would allow rival Crown Ltd to open a VIP-only casino.

Business 25 Jun 2013 | 9:26 AM

As Asia embraces casinos, India hedges it bets

PANAJI, India: Like many visitors to the Casino Royale Goa on a rainy Saturday night on India's western coast, Salim Budhwani said he does not gamble but also had no objection to the betting at the busy tables downstairs.