CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

Astro, Firich Enterprises drop on Taiwan casino vote

28 September 2009

TAIPEI, Taiwan -- As reported by Bloomberg: "Astro Corp. and Firich Enterprises Co., gambling-related stocks, fell in Taipei trading after residents voted against a government plan to allow Taiwan's first casinos in the outlying Penghu islands.

"Some 56 percent of residents voted against a plan to allow casinos on Penghu, the local government said in a press release Sept. 26. The poll may delay developers' plans until at least 2012, when the law will allow a repeat referendum. AMZ Holdings Plc owns 11 hectares of land on Penghu and had planned to bid for a license as soon as the government sets up a regulator and gaming guidelines, the company said in January.

"...Taiwan legalized casinos in January on its outlying islands of Kinmen, Matsu and Penghu, pending approval in a referendum by residents..."

< Gaming News