Tagged entertainment city

PAGCor issues cease-and-desist order on Okada Manila takeover

September 6, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The casino regulator for the Philippines has reportedly directed the disputed representatives of Tiger Resort Leisure and Entertainment Incorporated to immediately end their continuing takeover of the 993-room ...

Okada Manila ownership row headed to court in the Philippines

Adam Morgan

August 16, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines

In the Philippines and the long-running battle to determine who has ultimate control over the 993-room Okada Manila facility is reportedly heading to court after owner Universal Entertainment Corporation announ...

Bloomberry Resorts Corporation ‘tops off’ its Solaire Resort North development

Adam Morgan

July 28, 2022

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

In the Philippines and local casino operator Bloomberry Resorts Corporation reportedly held a special ceremony earlier this week to ‘top off’ the construction program for its coming Solaire Resort North develop...

Universal Entertainment Corporation to file criminal charges over Okada Manila raid

Adam Morgan

June 2, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Game manufacturers, Japan, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is to file criminal charges regarding the attempted Tuesday takeover of its Okada Manil...

PAGCor to probe ‘illegal and violent’ Okada Manila takeover

Adam Morgan

June 1, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The gaming regulator for the Philippines has reportedly announced that it is to officially investigate yesterday’s alleged violent storming of the giant Okada Manila development by multiple representatives of J...

Bloomberry Resorts Corporation to open Solaire North venue in 2023

Adam Morgan

April 22, 2022

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

In the Philippines and the Chairman for local casino operator Bloomberry Resorts Corporation has reportedly announced that his firm remains ‘on track to open’ its new Solaire North development before the end of...

Okada Manila premieres new ‘top-tier’ Perlas Club slot parlor

Adam Morgan

April 6, 2022

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

In the Philippines and the giant Okada Manila development has reportedly debuted a new VIP gambling lounge offering a selection of some 200 slots as well as six gaming tables for roulette, blackjack and baccara...

Philippines casino industry records encouraging fourth-quarter revival

Adam Morgan

March 2, 2022

Casino News, Latest Casino and Gambling 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...

Summit Ascent Holdings Limited extends loan on Philippines casino

Adam Morgan

September 21, 2021

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

Asian casino operator Summit Ascent Holdings Limited has reportedly extended the maturity date on a $122.5 million loan it agreed with Filipino associate SunTrust Home Developers Incorporated in February. Ac...

Value of Manila casino stocks rise on the back of Duterte reconsideration

Adam Morgan

July 8, 2021

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

In the Philippines and the individual share prices for some of the nation’s largest casino operators have reportedly risen sharply following a dramatic change of heart from President Rodrigo Duterte (pictured)....

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, Sports betting, Online Gambling News, 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...

Okada Manila records depressing first-quarter financials

Adam Morgan

April 19, 2021

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

In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly detailed that the 993-room property saw its first-quarter gross gaming revenues decrease by some 42% yea...

Nustar Resort and Casino expecting to open in the Philippines from 2022

Adam Morgan

April 16, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Taxation, Philippines

In the Philippines and local developer Universal Hotels and Resorts Incorporated has reportedly announced that its Nustar Resort and Casino is expected to begin opening sometime next year complete with a trio o...

Universal Entertainment Corporation cancels proposed Okada Manila land sale

Adam Morgan

March 31, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and the owner of the giant Okada Manila casino resort has reportedly announced the termination of a deal that was to have seen it sell an adjacent nine-acre plot of land for approximately $27...

Enrique Razon facing another Solaire Resort and Casino lawsuit

Adam Morgan

March 30, 2021

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

In the United States and the billionaire Chairman of Asian casino operator Bloomberry Resorts Corporation is reportedly facing a federal lawsuit over the cancellation of a deal that was to have seen Global Gami...