Archives for April 2008
Casino king dies at 90, leaving behind $22b
Lim Goh Tong, Malaysia’s third-richest man who turned a forested hilltop into a thriving casino resort, died Tuesday, leaving behind a diverse business empire worth $22 billion.
Lim, the founder of Genting Group of companies, “passed away peacefully,” said a brief statement by his son, Lim Kok Thay, who took over from his father as Genting’s […]
Casino colossus
The newly opened $2.4 billion Venetian Macao Resort has joined other casino groups in the city trying to expand as quickly as it can to meet the growing thirst for leisure and entertainment by increasingly affluent spenders in the region.
They are making big bets to turn Macao from a gambling paradise into a family entertainment […]
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’s biggest corruption trial
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 […]