Las Vegas Sands Corp. announced Tuesday that second-quarter revenue has jumped 51 percent thanks in large part to booming business in China and a new casino in Singapore.

The increasing presence and popularity of casinos and gambling in general in Asia decrease the casino developer and operator’s quarterly loss, the company said Tuesday.

For the three months that ended June 30, the company reported a loss to common shareholders of $4.7 million, or a penny per share. That’s far better than last year’s loss of $222.2 million, or 34 cents per share.

Among Las Vegas properties owned and operated by the Sands are the Venetian and Palazzo casinos. Sands also has casinos in the Chinese gambling enclave of Macau, in Singapore, and in Bethlehem, Pa.

But in a telling sign, nearly 80 percent of its revenue came from Asian business. Its revenue rose to $1.59 billion from $1.06 billion a year earlier.

“Our operations are in outstanding shape, and we are making positive additions to our management team,” said Sheldon Adelson, Sands’ billionaire chief executive, who is the company’s largest shareholder. “We’ve also reduced our debt levels. and our balance sheet has nearly $4 billion of cash. But who’s counting?”

Analyst Joseph Greff of J.P. Morgan said the company’s performance beat very high expectations and was especially strong in Singapore, where the Marina Bay Sands casino opened in April. Sands reported $216.4 million in revenue there, including $190.8 million from gambling.?

A new British Columbia casino website was forced to shut down shortly after being launched after many gamblers placed bets using other people’s money. According to the BC Lottery Corp. new games were added to the site last week such as roulette, craps, online casino gambling and blackjack. The website PlayNow.com closed it access doors quickly as dozens of virtual gamblers were playing the new games. Investigation is under way as to what caused the mix up of some players being logged on as others.

According to BC Lotteries, the increased amount of people on the website caused accounts to be switched which lead players to place bets with other players’ money. This glitch also caused some users to see personal information about others and their account balances. Close to 130 gamblers were affected by this malfunction and 12 cases are reported of users that viewed private personal information of others.

All players were contacted about the incident and were told what had happened. Staff members have been reviewing players’ winnings and losses from the time of the occurrence and have corrected accounts accordingly. A third-party investigation was called in that reported they found no signs of hacking.

PlayNow.com is the first site in North America that offered legal casino games when they included them with their roster of existing sports betting and lottery purchases last Thursday. British Columbians spend approximately $100 million each year gambling on offshore websites. The casino type games that were available for play on PlayNow.com was to encourage gamblers to spend their money in British Columbia so the government can use the profits for education and health care.

Two have been disqualified of three gambling companies that submitted bids on June 29th for the franchise rights to operate slot machines at the Aqueduct racetrack. Genting New York, the remaining company with an active bid, is a subsidiary of Genting Group of Kuala Lumpur, Malaysia.

The New York Lottery disqualified two bidders, a combined proposal by SL Green Realty Corporation, Hard Rock Cafe International and Clairvest Group and proposal by Penn National Gaming, because of their failure to comply with the terms of the bidding process. The Lottery said that in an effort to negotiate more favorable terms for their companies, both parties submitted “altered versions” that sought to rewrite the conditions set by the state.

Penn National Gaming, for example, wanted that after four consecutive unprofitable quarters it should be able to terminate its lottery license. SL Green, by placing it in an escrow account until the state met certain of its conditions, sought to sidestep the upfront licensing fee of $300 million.

On August 3rd, the New York Lottery will make a recommendation to the New York State Legislature and the Governor David A. Paterson.

The installation of 4,500 electronic slot machines, one of the most popular casino table games, was approved by the New York State Legislature at the Aqueduct Racetrack in Queens in 2001. For the Aqueduct “racino” project, New York has tried four times to choose a gambling operator since 2001. Both a casino and a race track are featured at a location called “Racino”.