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Next month's Macau Open golf tournament has been postponed, the Asian Tour has announced.

"The Macau Open, which was slated from October 21-24, 2010, has been postponed by the event promoter, the Macau Sports Development Board," the Asian Tour said in a short statement.

An Asian Tour spokesman said he had no idea if the $500,000 (£325,000) would be scheduled later this year.

"Only the Macau Sports Development Board can tell that," he said.

Telephone calls to the Macau Sports Development Board went unanswered on Tuesday.

Reports in China attributed the postponement to the Macau board's failure to rope in a private sponsor for the event, the staging of which was getting more and more expensive every year.

The event has been run since 1998 and winners have included eight-times European champion Colin Montgomerie.

Reuters