Issue 250
June 27 - July 03, 2005
Volume 5
page 2
 

Tabcorp Joins in on Singapore Casino Bid
As Reported by the Associated Press

Australian gaming company Tabcorp Holdings Ltd. said Tuesday it is teaming up with cruise operator P&O Princess Cruises International in a bid for Singapore's proposed casino resorts.

The two companies agreed to develop an entertainment resort in the city-state and explore sales and marketing opportunities in Singapore and Australia. P&O Princess Cruises is part of U.K-based Carnival Corp., the world's largest cruise line, while Tabcorp is the fourth largest gaming company in the world.

"We strongly believe in the potential of cruising in the Southeast Asian region and Singapore is our chosen base for expanding our presence in the region," said P&O Cruises Australia's managing director Gavin Smith. Tabcorp had earlier said it plans to make Singapore its Asian base.

Smith said P&O Princess Cruises would bring at least 65,000 passengers to Singapore in its cruise ships in 2006.

After months of debate, Singapore announced in April it would lift a decades-old ban to allow the building of casinos to boost tourism and help the city-state shed its staid image.

Earlier this year, Singapore shortlisted 14 bidders to build and operate the island-republic's two casino resorts. They include Kerzner International Ltd. and CapitaLand Ltd.; Harrah's Entertainment Inc.; MGM Mirage and CapitaLand; Las Vegas Sands Corp. and Wynn Resorts Ltd.

Tourism authorities recently postponed issuing formal requests for casino proposals from the gaming companies to the third quarter of 2005 instead of the second quarter-end.

The government was expected to choose the winners by the end of the year.

 

 

 


Irish Rehab Lotteries to Launch on Parlay Bingo through NMLS
Press Release

Ontario, Canada - Parlay Entertainment Inc., the world's leading supplier of Internet bingo solutions, is pleased to announce that it has completed a software license agreement with New Media Lottery Services, Inc. who will launch an online bingo game as an expansion of the Irish Rehab Lotteries' existing online lottery site.

John McGuire, Managing Director for Irish Rehab Lotteries has said of the launch, "It is undoubtedly the most serious attempt yet in this country to use the Internet to generate fundraising income for good causes.

"Internet usage is showing rapid growth in Ireland with 40 per cent of all Irish homes now having web access and of all Irish adults, some 38 per cent are now purchasing from home on the Internet," continued Dr. McGuire. "This medium is ideal for the distribution of new and fun lottery products, and we are confident that this channel will raise significant funds for our training, employment, health and social care services to people with disabilities and those who are socially disadvantaged."

"For many, many years land-based bingo has been tied to charitable causes," said Andrew Branscombe, Vice President of Sales for Parlay Entertainment. "We are very pleased to be working with NMLS and Rehab Lotteries to further their causes through an online channel. Bingo will provide an excellent community-based environment to the existing lottery games, and bingo players can be proud they are helping out such a good cause."



Isle of Capri Casinos to celebrate opening of Biloxi, Miss., hotel tower
As Reported by The Sun Herald

BILOXI, Mississippi - Isle of Capri Casinos Inc., an emerging global gambling company, will celebrate a multimillion-dollar investment at its home base next week with a grand opening ceremony for its new hotel tower in Biloxi.

Although the Isle already operates casinos in Grand Bahama and England and is competing for a license in Singapore, Biloxi is also key to its future growth. The Biloxi hotel is now the corporation's largest. The Isle's next move is to replace its existing gambling barge with a casino double in size.

"The market we think is strong here," said Tim Hinkley, the corporation's president and chief operating officer. "We've got a good footing in the market. We also realize that you have to have the amenities and the assets to continue maintaining that loyalty and to attract new people. You can't just sit still."

The Coast market will grow because of its beach location, good reputation and public sector investments, he said.

"We think one of the keys is the airport and I think, also, the Coliseum expansion was real positive," Hinkley said. "I think in the future, down the road, we just have to keep putting ourselves in a position to draw more people from around the country. This is one of those spots that many people are just now starting to notice."

The hotel expansion and the new casino are, collectively, a $170 million investment. The Isle will celebrate the hotel's opening on Wednesday with a ribbon-cutting ceremony and property tours for VIP guests.

Jay Leno

Harrahs Atlantic City: The King of Late Night, Jay Leno appears at the The Concert Venue July 9.

Date: July 9, 2005

Time: 7:30 pm & 10:00 pm

Ticket Price: $100

For more information please call:1-800-736-1420
 
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