Tagged city of dreams manila

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

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...

Second-quarter deficit for Melco Resorts and Entertainment Limited

Adam Morgan

August 21, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Mergers, Acquisitions & Partnerships

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

Manila set to ease its coronavirus-related lockdown

Adam Morgan

August 18, 2020

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

In the Philippines and President Rodrigo Duterte (pictured) has reportedly announced that the coronavirus-induced lockdown of metropolitan Manila is to be relaxed from tomorrow in an attempt to help jump-start ...

City of Dreams Manila records second-quarter loss of almost $50 million

Adam Morgan

August 17, 2020

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

Asian casino and entertainments giant Melco International Development Limited has reportedly announced that its City of Dreams Manila facility racked up a second-quarter loss of nearly $50 million due to the im...

Metropolitan Manila casinos to remain shuttered until at least August 15

Adam Morgan

July 31, 2020

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

Casinos and other gambling establishments in metropolitan Manila are reportedly set to remain shuttered until at least August 15 after the federal government extended the giant conurbation’s ‘general community ...

City of Dreams Manila preparing for soft reopening

Sadonna Price

May 29, 2020

Latest Casino and Gambling News, Casino News, Philippines

City of Dreams Manila is getting ready for a soft reopening, beginning with COVID-19 testing for staff members. Employees will be housed on-site for safety and the gaming floor reconfigured to promote social di...

Philippines first-quarter gaming income hurt by coronavirus closures

Adam Morgan

April 28, 2020

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

In the Philippines and the closure of casinos due to the coronavirus pandemic reportedly helped to push aggregated first-quarter net income for the nation’s gaming regulator down by almost 50% year-on-year to j...