Casinos of the Philippines

PAGCOR Issues Alert Over Fraudulent Lucky 7 Gaming Certifications

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a fresh warning to the public concerning fraudulent activities allegedly involving Lucky 7 Bingo Corporation. Though the company holds a legit...

Melco International Sees Significant Turnaround in 2024

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino reviews from Macau, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases
In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. Th...

Melco Resorts Evaluates Strategic Alternatives for City of Dreams Manila

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
Melco Resorts & Entertainment Limited, a prominent player in the integrated resort sector in Asia and Europe, is currently assessing various strategic alternatives for its Philippine venture, City of Dreams...

Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks

Vanja Mitic
Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Philippines
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force's (FATF) gray list, a move that reflects its strengthened anti-money launder...

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Philippines
The Financial Action Task Force (FATF) has officially announced the removal of the Philippines from its 'grey list'—a roster of countries under increased scrutiny due to deficiencies in their financial systems....

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, P...

PAGCOR Shuts Down Two Underperforming Casino Filipino Locations

Vanja Mitic
Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Employment & Careers, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has decided to close two of its Casino Filipino gaming sites due to persistent financial losses. The closures are part of the agency's ongoing rationaliz...

Fontana Casino in Clark Ordered to Halt Operations Indefinitely

Vanja Mitic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Casino closures, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
The Clark Development Corporation (CDC) has issued a cease-and-desist order against Fontana Development Corporation (FDC) and Fontana Resort and Country Club Inc. (FRCCI), halting all operations of the Fontana ...

Philippines Targets Final Active POGOs for Shutdown

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Money Laundering, Crime, Fines, Lawsuits & Litigation, Philippines
In a significant development, the Philippine government has announced stringent actions against Philippine Offshore Gaming Operators (POGOs), signaling a major policy shift aimed at curbing illegal activities a...

DigiPlus Refutes CasinoPlus Acquisition Reports Amid Strategic Expansion Plans

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Philippines
DigiPlus Interactive Corp., a prominent name in the Philippines' gaming and leisure industry, has officially refuted recent reports suggesting it is on the brink of acquiring CasinoPlus. In a statement submitte...