Casinos of the Philippines

Melco Resorts Evaluates Strategic Alternatives for City of Dreams Manila

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino 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, 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 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, Mobile gaming, Economy/Finance, 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
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Casino project updates, 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, Casino closures, Gaming Industry News, Casinos of the Philippines, 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 Online Gaming Outpaces Land-Based Casinos in Revenue and Taxes

Vanja Mitic
Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines
The Philippines’ online gaming industry has emerged as the country’s top gaming tax contributor, surpassing traditional land-based casinos in revenue generation. Data from PAGCOR and Morgan Stanley reveals that...

Philippines Targets Final Active POGOs for Shutdown

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Unsavory reports, Gaming Industry News, Casinos of the Philippines, 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...

Philippine Gaming Sector Sees 37.5% Growth, Led by Surge in Electronic Gaming

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines
In the latest financial quarter, the Philippine gaming sector recorded a remarkable increase in gross gaming revenue (GGR), climbing by 37.52% to reach P94.61 billion. This surge, as reported by the Philippine ...

Strategic Reforms Propel Philippines Towards Exiting FATF Grey List

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Technology, Mobile gaming, Asian Casino News, Online Gambling News, Philippines
The Philippines is on the verge of a significant regulatory milestone as it nears its removal from the Financial Action Task Force's (FATF) grey list. This progress stems from a series of strategic reforms impl...

Launch Date for New Solaire Puerto Azul IR Project in Cavite Clarified by Bloomberry

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, Casino project updates, Casinos of the Philippines, Gaming Industry News, Casino moguls, Philippines
In a strategic move to broaden its hospitality and gaming empire, Bloomberry Resorts Corp has unveiled plans to develop its third Solaire-branded integrated resort, to be located in the picturesque setting of P...

Enrique Razon’s Bloomberry to Launch Solaire Puerto Azul Casino in Cavite by 2028

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Casino openings, Casinos of the Philippines, Gaming Industry News, Casino project updates, Philippines
In an ambitious move poised to revitalize the local gaming landscape, billionaire tycoon Enrique Razon is slated to open a state-of-the-art casino in Cavite by 2028. This venture is part of a strategic initiati...