Entertainment City | World Casino News

First-quarter results highlight the importance of Entertainment City

May 17, 2019

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

The gaming industry in the Philippines reportedly recorded aggregated first-quarter gross gaming revenues of just over $1.1 billion with the majority of this at around $756 million having come from the three La...

Rodrigo Duterte changes stance on some forms of illegal gambling

Adam Morgan

May 13, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Economy/Finance, Unlicensed Operation, Licenses, Online Gambling News, Crime, Philippines

Philippines President, Rodrigo Duterte (pictured), has reportedly conceded something of a defeat in his long-running campaign against illegal gambling by revealing that he can now only encourage people not to e...

City of Dreams Manila developer eyeing possible Philippines expansion

Adam Morgan

April 23, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Casino expansion projects, New Hotels, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

One of the firms behind the City of Dreams Manila integrated casino resort has reportedly revealed that it is studying the possibility of opening a second such venue in the Philippines but has yet to identify a...

Summer start for construction on Quezon City integrated casino resort

Adam Morgan

April 12, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Philippines

In the Philippines, Bloomberry Resorts Corporation could reportedly begin work to bring a new integrated casino resort to the under-construction Ayala Malls Vertis North retail complex in the northern Manila su...

Quezon City approves Bloomberry Resorts Corporation application

Adam Morgan

March 11, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Philippines

In the Philippines, civic leaders for Quezon City have reportedly passed an ordinance that would allow Bloomberry Resorts Corporation to bring a new integrated casino resort to the community’s under-constructio...

Bloomberry Resorts Corporation reports improved annual results

Adam Morgan

March 5, 2019

Latest Casino and Gambling News, Economy/Finance, Fines, Lawsuits & Litigation, Philippines

In the Philippines, casino operator, Bloomberry Resorts Corporation, has released its consolidated financial results for 2018 showing that it had experienced a 16% increase year-on-year in net revenues to sligh...

Philippines casino industry records a successful year

Adam Morgan

February 20, 2019

Latest Casino and Gambling News, Economy/Finance, Philippines

In the Philippines, last year reportedly saw annual aggregated gross gaming revenues increase by 22.9% year-on-year to top $3.6 billion as the combined figure for the Asian nation’s private-sector casino indust...

Possible name change for Okada Manila

Adam Morgan

February 11, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines, local casino operator, Tiger Resort Leisure and Entertainment Incorporated, has reportedly announced that it may change the name of its Okada Manila venue in order to sever all of the giant ...

Annual figures published for Okada Manila

Adam Morgan

January 11, 2019

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

Japanese pachinko, slot and arcade games manufacturer, Universal Entertainment Corporation, has reportedly announced that last year saw its Okada Manila integrated casino resort record adjusted earnings before ...

Okada Manila records laudable October earnings

Adam Morgan

November 14, 2018

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

Japanese pachinko, slot and arcade games manufacturer, Universal Entertainment Corporation, has reportedly announced that October saw its Okada Manila integrated casino resort amass earnings before interest, ta...

Chinese conglomerate inks Philippines casino deal

Adam Morgan

November 6, 2018

Latest Casino and Gambling News, Casino proposals, Casino News, Licenses, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines, a Chinese conglomerate has reportedly signed an agreement that is to see it spend at least $100 million in order to bring a new integrated casino resort to northern Luzon’s Cagayan Special E...

Philippines officials to be investigated over casino graft claims

Adam Morgan

September 29, 2018

Latest Casino and Gambling News, Casino News, Licenses, Crime, Bribery, Philippines

In the Philippines, the Office of the Ombudsman is reportedly set to investigate a pair of councilors for the city of Paranaque over allegations that they may have accepted ‘grease money’ in order to help fast-...

NayonLanding land lease deal ‘cancelled’ by government

Adam Morgan

September 3, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines, a spokesperson for President, Rodrigo Duterte, has reportedly declared that the government has ‘cancelled’ the 25-year land lease agreement one of its bodies earlier signed with casino opera...

Gokongwei persevering with Cebu integrated casino resort project

Adam Morgan

August 21, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Philippines

In the Philippines, the billionaire business magnate behind the plan to build a $337.2 million integrated casino resort on the central island of Cebu is reportedly persevering with the enterprise despite Januar...

NayonLanding land lease deal to be officially investigated

Adam Morgan

August 10, 2018

Latest Casino and Gambling News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines, the Department of Justice has reportedly ordered the nation’s Office of the Government Corporate Counsel to investigate the 25-year land lease deal earlier agreed with Landing International ...