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U.S. head of virtual currency exchange found dead in Singapore

The U.S. head of a Singapore-based virtual currency exchange was found dead in Singapore last week, local media reported Thursday. Autumn Radtke, 28, chief executive of bitcoin exchange platform First Meta, was found dead at the bottom of an apartment block, state television ChannelNewsAsia reported on its website. It described her death as "an apparent suicide" and said she was "found lying motionless at the block's second-level parapet."

Sands CEO says to spend 'whatever it takes' for Japan casino

By Nathan Layne TOKYO (Reuters) - Las Vegas Sands Corp <LVS.N> Chief Executive Sheldon Adelson said on Monday his company was willing to spend "whatever it takes" to set up a casino project in Japan, one of the largest untapped gaming markets in the world. Las Vegas Sands is considered a strong candidate to win a license in Japan, should the country open its market to casino gambling, in large part due to the success of its resort in Singapore which has served as a model for Japanese lawmakers.

Genting Singapore, Chinese firm build $2.2 billion S.Korea casino

Casino operator Genting Singapore and Chinese property developer Landing International Development Ltd have teamed up to build a $2.2 billion casino resort in South Korea, the two companies announced Friday. The luxury resort will be constructed on Jeju Island, which lies off the country's southern coast, they said in a joint statement.

Singapore's Lee Kuan Yew hospitalized with fever, cough

Former Singapore Prime Minister Lee Kuan Yew has been hospitalized since Sunday due to a fever and cough caused by an infection, Cabinet minister Chan Chun Sing said Tuesday. Lee, who turned 90 last September, had to skip the annual Chinese New Year dinner for his constituency on Tuesday, Chan, who is minister for social and family development, said in his welcome remarks at the dinner. He is currently on antibiotics and recovering, but has been advised by his doctors to avoid public appearances, Chan said.

Singapore's founding PM Lee Kuan Yew in hospital

Singapore's founding prime minister Lee Kuan Yew is recovering in hospital after suffering from an infection, the government said on Tuesday. Lee, 90, was admitted to Singapore General Hospital on Sunday after suffering from a fever and bad cough caused by an infection, his press secretary Yeong Yoon Ying said in a statement. "He is currently on antibiotics and recovering. He has been advised by his doctors to avoid public appearances," she said.

Eurovegas scrapped after Spain rejects "unacceptable" demands

Madrid, Dec 13 (EFE).- Las Vegas Sands Corp. said Friday it had canceled plans to build a massive casino and hotel complex known as Eurovegas after officials here rejected what the Spanish government sees as U.S. tycoon Sheldon Adelson's "unacceptable" demands. Spain's deputy prime minister, Soraya Saenz de Santamaria, said Adelson's demands, including guarantees against future regulatory shifts affecting the mega-complex or promises of compensation in the event of any such changes, had no legal basis in Spanish or European Union law and therefore could not be met.

US firm drops Spain mega-casino plan to focus on Asia

US casino operator Las Vegas Sands dropped plans Friday to invest over $30 billion in a mega-resort that promised 260,000 jobs for Spain, where one in four people are unemployed, and would focus on Asia instead. The world's biggest casino company, owned by US billionaire Sheldon Adelson, announced in February it had chosen Alcorcon, a suburb of Madrid, as the site for what would have been Europe's largest casino resort.

Las Vegas Sands abandons Spanish mega-casino project

US casino operator Las Vegas Sands said Friday it has dropped plans to invest over $30 billion in a mega-resort scheme that promised 260,000 direct and indirect jobs for crisis-hit Spain. The company, owned by US billionaire Sheldon Adelson, said it would "continue aggressive pursuit of opportunities in Asia" where it already operates properties in Singapore and Macao. "Developing integrated resorts in Europe has been a vision of mine for years, but there is a time and place for everything," Adelson said in a statement.

Las Vegas Sands drops Spanish mega-casino project

US casino operator Las Vegas Sands said Friday it has dropped plans to invest over $30 billion in a mega-resort scheme that promised 260,000 direct and indirect jobs for Spain, where one in four people are unemployed. The company, owned by US billionaire Sheldon Adelson, said it would "continue aggressive pursuit of opportunities in Asia" where it already operates properties in Singapore and Macao.

Hot springs are passe - Japan's tourist towns covet casinos

By Nathan Layne and Junko Fujita OTARU/SASEBO, Japan (Reuters) - Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. With lawmakers planning to submit legislation soon to open Japan to casino gambling, likely in time for the 2020 Olympics, several small cities, hot spring towns and tourist destinations are pushing to get one of the coveted licenses.
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