AMES Packer’s Asian gaming joint venture will spend $US900 million ($1.2 billion) acquiring Macau’s last available casino sub-concession, allowing it to reap all profits from its two planned casino developments rather than splitting the take with gambling godfather Stanley Ho.
The sub-concession will also give Mr Packer and his ambitious gaming partner, Melco International, the authority [...]

According to online research firm eMarketer, annual online gambling revenues soared to $US10.9 billion worldwide in 2005, despite the fact that it is considered illegal in many parts of the world.
The survey also found that 53 percent of respondents believe online gambling should remain illegal in the United States.
 

SYDNEY, March 6 (Reuters) - Publishing and Broadcasting Ltd. an Australia-based media and gaming company, has paid U.S.-based Wynn Resorts Ltd. $900 million for the right to own and operate hotel casino resorts in Macau, pushing PBL shares up 1.6 percent.
The Packer family-owned PBL, which is expanding its gaming business through Asia with joint venture [...]