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p4-12 news:News 19/01/2010 08:49 Page 4
CASINO NEWS
Casinos Austria
gears up for
international
growth
C
asinos Austria has reshuffled
top management as it prepares
to implement international
expansion plans approved last month by the group’s board.
Josef Leutgeb, previously Financial Director, and Paul Herzfeld, currently
Deputy Director General, are leaving their posts to focus on international
development. Leutgeb has already stepped down from his finance role;
Herzfeld will vacate his position in the middle of the year.
Bettina Glatz-Kremsner, formerly Financial Director at Austrian Lotteries,
has taken the same position at Casinos Austria.
Karl Stoss and Dietmar Hoscher have left the Casinos Austria International
board, where they were Chairman and Director respectively, to concentrate on
the parent company, Casinos Austria AG.
Stoss said Casinos Austria was still hunting for a partner, which is
expected to take a minority stake of up to 49 percent. “Our goal is to find the
best, not the quickest solution. Good things sometimes take time, and luckily
we are not under any time pressure,” he said.
Genting opens doors at
Singapore resort
G
enting is this month opening the first
phase of its $4.4bn Resorts World
Sentosa development in Singapore.
The complex debuts with 1350 rooms and
ten restaurants across the Hard Rock Hotel,
Hotel Michael and Crockfords Tower, as well
as the Festive Hotel, which – unusually for a casino resort – is designed
specifically for families with children.
Also due to open earlier this year are a Universal Studios theme park and
the resort’s casino, although Genting still awaits the final go-ahead and
licensing from Singapore’s government.
Future additions will include two further hotels and a spa as well as a
marine-life park and a maritime museum.
In Da Nang, Vietnam, meanwhile, the Crowne International Casino in the
Silver Shores International Resort has opened to foreign guests.
Aimed mainly at players from China, Hong Kong and Taiwan – local
Vietnamese will not be permitted to gamble there – it offers Baccarat,
Blackjack, Caribbean Stud Poker, Roulette and Sic Bo.
The $1.6bn complex, scheduled to be completed in July, will also include a
584-room hotel and 52 villas on the beach.
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