20 Mar '11, 4am

Booming Asian casinos draw tourist dollars - Straits Times

Booming Asian casinos draw tourist dollars - Straits Times

The gambler leans back comfortably in his chair at a card table inside Vietnam's new Crown casino (above), waiting for his female companion to fetch more cash. -- PHOTO: AFP DANANG - THE gambler leans back comfortably in his chair at a card table inside Vietnam's new Crown casino, waiting for his female companion to fetch more cash. At Asia's casinos, the money just keeps on coming. Analysts say the region's increasing wealth is funding a gambling boom that saw Macau overtake Las Vegas in casino revenue, is putting billions of dollars into Singapore's coffers and encouraged operators like Crown to try cashing in, although for now only foreigners are allowed in Vietnam's casinos. Crown is owned by Hoang Dat Silver Shores, which is backed by a US-based Chinese national. While Macau remains by far the region's largest casino market, governments from Sri Lanka to Fiji are also...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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