THE M3: JAPAN; ZAIA; CHINA LOANS

02/08/12 08:04AM EST

The Macau Metro Monitor, February 8, 2012

JAPAN'S OPPOSITION PARTY TO OK CASINO BILL "BY MARCH" Yogonet

According to Gaming Capital Management (GCM), Kenji Tamura, a senior member of the Democratic Party of Japan (DPJ), said, "A [DPJ] sub-committee on this issue has been set up last December, being set to commence activities soon. I heard that in the LDP (Liberal Democratic Party of Japan - Japan's main opposition party), their target is to approve the bill at the end of February or in March."

The news of the LDP’s expected backing, following ongoing internal party discussions, emerged after the first DPJ Casino Working Team consultation meeting of 2012 on the integrated resort plan.

Issei Koga from the DPJ and the chairman of an all-party group called the Diet Member Alliance for Promotion of Integrated Resort with Casinos (known by its abbreviated title IR Alliance) has indicated his intention to submit an all-party casino bill to the current session of Japan's parliament aka Diet at an appropriate time.

ZAIA ENDING 3-YEAR RUN AT VENETIAN MACAO THIS MONTH Macau Daily Times

ZAİA, Cirque du Soleil’s first resident show in Asia based in The Venetian Macao, is staging its final performance after a three year run.  Sands China and Cirque du Soleil announced yesterday that ZAİA, the stage production which has impressed its crowds since opening in August 2008, will be performed for the final time on February 19, 2012.

CHINA'S BIG FOUR BANKS MADE CNY320B NEW LOANS IN JANUARY China Securities Journal

China Securities Journal reported that new loans made by the whole banking industry for the month should be around CNY800B.  An industry source also says that due to fears of excessive bank credit, the People's Bank of China chose to maintain the required-reserve-ratio of the big banks.

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