Tagged city of dreams manila

Suncity Group found unsuitable to operate in the Philippines

March 28, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Philippines

Asian junket giant Suncity Group has reportedly been found unsuitable to operate in the Philippines after an official investigation uncovered proof that it may have been guilty of withholding funds from custome...

Philippines casino industry records encouraging fourth-quarter revival

Adam Morgan

March 2, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Philippines

The many commercial and state-run casinos in the Philippines reportedly saw their aggregated gross gaming revenues for the final three months of 2021 increase by 21.7% year-on-year to reach approximately $554 m...

New South Wales regulator chasing Melco Resorts and Entertainment Limited

Adam Morgan

February 7, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Australia and the gaming regulator for the state of New South Wales has reportedly launched legal proceedings against Asian casino operator Melco Resorts and Entertainment Limited in an attempt to recover ap...

Manila casinos shut down as COVID-19 alert moves to Level 3

Sadonna Price

January 3, 2022

Latest Casino and Gambling News, Philippines

In the Philippines, the government recently decided to close gaming facilities, including casinos, due to an increase in COVID-19 cases. It was recommended that the COVID-19 alert level in Manila move from 2 to...

MegaSportsWorld receives PAGCor approval to launch online sportsbetting

Adam Morgan

August 16, 2021

NBA, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Illegal Bookmaking, The Players Lounge, Online Gambling News, Sports betting, Crime, Licensing, Philippines

The gaming regulator for the Philippines has reportedly granted local retail sportsbook operator MegaSportsWorld permission to begin offering its services to domestic punters online. According to a report fr...

Manila casinos to be closed again from Friday owing to coronavirus

Adam Morgan

August 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the government of President Rodrigo Duterte has reportedly decided to temporarily close casinos in metropolitan Manila for a third time in 17 months owing to a significant rise in the loc...

Resorts World Manila operator chalks up $23 million first-quarter loss

Adam Morgan

May 20, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and the operator behind the Resorts World Manila property has reportedly released its first-quarter financial results showing a net deficit of about $23 million owing to the impacts of the co...

PAGCor chalks up disappointing first-quarter financials

Adam Morgan

April 28, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first three months of the year dropped by 51.4% on a comparative basis to just...

Okada Manila licensed to offer online gaming in the Philippines

Adam Morgan

April 27, 2021

Online gaming software, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Philippines

In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly announced that the property has just been licensed to offer online gaming to domestic punters. Accord...

Manila casinos staying closed despite partial lifting of coronavirus restrictions

Adam Morgan

April 12, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Lottery, Philippines

In the Philippines and President Rodrigo Duterte has reportedly announced the partial easing of a strict set of quarantine measures brought in some two weeks ago in order to help stop the spread of the coronavi...

Melco Resorts and Entertainment Limited records third-quarter deficit

Adam Morgan

November 6, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Cyprus, Economy/Finance, Macau, Philippines

Asian casino operator Melco Resorts and Entertainment Limited has reportedly again followed many of its rivals in recording an overall loss for the three months to the end of September owing to the continuing f...

PAGCor approves iGaming move for Manila integrated casino resorts

Adam Morgan

November 3, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Casino openings, New online casinos, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Philippines

In the Philippines and the nation’s gaming regulator has reportedly informed Manila’s four giant land-based integrated casino resorts that they may now begin accepting online bets so as to help mitigate their c...

Belle Corporation counting the cost of coronavirus lockdown

Adam Morgan

October 23, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Philippines

Philippines real estate and gaming firm Belle Corporation has reportedly announced that its net income for the first nine months of 2020 has fallen by 96.4% year-on-year to approximately $1.91 million owning to...

Philippines second-quarter gross gaming revenues shattered by coronavirus

Adam Morgan

September 22, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the extended closure of land-based casinos due to the ongoing coronavirus pandemic reportedly caused the sector’s aggregated second-quarter gross gaming revenues to plummet by 95.7% year-...

Manila integrated casino resorts may soon be allowed to partially re-open

Adam Morgan

August 31, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly announced that some of Manila’s giant integrated casino resorts may soon be allowed to partially emerge from their coronavirus-i...