The M3: Resorts World Opening Sunday, Nagacorp Targets Chinese Gamblers, Macau-Tokyo Air Agreement

02/11/10 07:41AM EST

GENTING'S RESORTS WORLD TO OPEN SINGAPORE'S FIRST CASINO SUNDAY CB Online, Reuters

The Resorts World casino-resort is set to open on Chinese New Year, Feb 14 at an auspicious time of 12:18pm. Genting also plans to open its Universal Studios theme park by early March. Feb. 14, 15, and 16 are national holidays in Singapore for Chinese New Year.

NAGACORP TALKING WITH MACAU CASINOS ABOUT STEERING MORE CHINESE GAMBLERS TO PHNOM PENH South

China Morning Post, The Standard

President Chen Lipkeong would like to form a JV with at least two Macau casino operators. He believes Cambodia's attractive effective tax rate (2% vs 14% in Macau) would promote interest in a partnership. Nagacorp plans to expand the number of gaming machines at its NagaWorld casino resort in Phnom Penh to 1000 from 738 this year. 

MACAU AIRLINES AUTHORIZED TO MAKE REGULAR FLIGHTS TO TOKYO NARITA Macauhub

Macau and Japan have signed a new air agreement that allows designated airlines to make regular flights to all destinations in Japan, including Tokyo, beginning this coming March.  

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