Casinos in the Philippines will have to report all suspicious financial transactions if House Bill 14 is approved Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMoney LaunderingPhilippines November 2, 2016 0The Philippines has continued to tighten financial regulations on the casino industry in an effort to stop money laundering activities...
Philippine Supreme Court upholds Solaire’s exemption from corporate taxes Kim M Latest Casino and Gambling NewsEconomy/FinanceTaxationFines, Lawsuits & LitigationPhilippines November 1, 2016 0The Supreme Court of the Philippines has upheld its decision that declared Bloomberry Resorts and Hotels, Inc.’s (Bloomberry)(BLOOM.PS) exemption from...
Philippines operator reports improved nine-month net income Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines October 29, 2016 0The Philippine Amusement and Gaming Corporation has released its financial results for the nine months to the end of September...
Eleven charged over controversial Manila casino land deal Adam Morgan Latest Casino and Gambling NewsCrimeFines, Lawsuits & LitigationPhilippines October 25, 2016 0In the Philippines, an anti-graft and corruption watchdog has lodged a formal complaint against Cristino Naguiat, the former Chairman and...
Filipinos may get local e-gaming cafes back Sadonna Price Latest Casino and Gambling NewsGaming Industry NewsPhilippines October 11, 2016 0After putting PhilWeb, a top gaming technology provider based in the Philippines, through the ringer, the country has finally decided...
Alliance Global finalizing master plan for Westside City Kim M Latest Casino and Gambling NewsCasino project updatesPhilippines October 4, 2016 0After an annual stockholders’ meeting on Thursday, Sept 29, Kingson U. Sian, the president and chief operating officer of Alliance...
Partial reprieve for Leisure And Resorts World Corporation Adam Morgan Latest Casino and Gambling NewsLicensesPhilippines September 27, 2016 0After becoming the latest casualty of new Philippine President Rodrigo Duterte a few weeks ago and being ordered to close...
New chairman for PhilWeb, Ongpin prepares sale of shares Sadonna Price Latest Casino and Gambling NewsPhilippines September 23, 2016 0PhilWeb, a gaming operator based in the Philippines, is currently in the process of seeing their former chairman divest his...
Philippines considering ways to privatize state-run lottery Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationLotteryPhilippines September 17, 2016 0Fresh from its mauling of online games developer PhilWeb Corporation and its recent order that Leisure And Resorts World Corporation...
Japanese billionaire Kazou Okada wants top cruise liners to visit the Philippines Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinancePhilippines September 15, 2016 0Japanese billionaire Kazou Okada is focusing on promoting tourism in the Philippines and is currently in talks with two of...
Bloomberry Resorts Corp prevails in tax case Kim M Latest Casino and Gambling NewsTaxationFines, Lawsuits & LitigationPhilippines September 6, 2016 0Solaire Resort and Casino owner and operator Bloomberry Resorts Corp (BLOOM.PS) says that the Supreme Court of the Philippines has...
Ongpin renews auction of his PhilWeb shares Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines September 5, 2016 0Plans have been revived by Roberto Ongpin in his efforts to use his shares of the PhilWeb Corporation to try...
Duterte’s heavy hand reaching into the past to shake down Entertainment City operators Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines August 31, 2016 0Four casinos at Entertainment City have been ordered by the Philippine Amusement and Gaming Corp. to restore a license fee...
Mactan Leisure City to break ground in Philippines January 2017 Lars Jones Latest Casino and Gambling NewsCasino proposalsEconomy/FinancePhilippines August 27, 2016 0Mactan Leisure City, to be located in Lapu-Lapu City, just off Cebu, is scheduled to break ground in January, according...
Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLicensesPhilippines August 26, 2016 0The end result of president Duterte’s crackdown on gambling in the country might not be a concern for the integrated resort casinos...