A large-scale integrated resort development in Manila’s Entertainment City precinct has adopted a new identity following changes in ownership and management. The project, previously known as LET X, will now operate under the name Westside Resort as it advances toward its targeted completion in the third quarter of 2026. The rebranding follows a shift in control that took place late last year. Travellers International Hotel Group, which operates Newport World Resorts, together with its parent company Alliance Global Group, secured […]

The post Westside Resort Unveiled in Manila’s Entertainment City appeared first on World Casino News.

The highly anticipated $1.1 billion hotel and casino project in Manila’s Entertainment City by Suntrust Resort Holdings, a subsidiary of LET Group, has been pushed back to the fourth quarter of 2025. Initially targeting a late 2024 debut, the project had already been rescheduled for 2025, but the company’s latest quarterly report provides a more specific timeline, suggesting additional delays for the precinct’s fifth integrated resort. According to Suntrust’s filing for the third quarter of 2024, cited by Inside Asian […]

The post Suntrust Manila Casino Project Delayed to Q4 2025 appeared first on World Casino News.

Bloomberry Resorts Corp reported a decline in its financial performance for the second quarter of 2024, with consolidated gross gaming revenues falling by 4% year-on-year to Php14.5 billion ($255 million). This drop was primarily due to a significant decrease in VIP game volumes at its Entertainment City venue, despite the positive financial contribution from the newly opened Solaire Resort North in Quezon City. Solaire Resort North, which began operations within the quarter, showed promising results despite being operational for only […]

The post Bloomberry Q2 Revenue Falls 4% as VIP Declines at Solaire Entertainment City, Despite North’s Strong Start appeared first on World Casino News.

Gross gaming revenues of the Philippine gaming industry reached the level of Php68.8 billion (US$1.24 billion) in the third quarter of 2023. The figure reportedly represents a 20.1% increase when compared to the third quarter of 2022, as well as a US$20 million increase over the result achieved by the industry in the second quarter of 2022. As Inside Asian Gaming(IAG) reports, the gross gaming revenues generated in the Philippines in the Q3 2023 stands for just around a 2% […]

The post Philippine Gaming Industry Generates US$1.24 Billion in Q3 2023 to Exceed Prepandemic Levels appeared first on World Casino News.

By the end of the year, the Philippine market will be enriched with another gaming facility. The new Grand Westside Hotel will be placed within the borders of Westside City in the popular Entertainment City in Manila.  Megaworld Hotels & Resorts luxury hotel: The hotel will be built by the Megaworld Corp, famous for its Megaworld Hotels & Resorts, which is a part of Alliance Global Group Inc, the Philippine conglomerate. The company stated on Monday, July 24th, that the […]

The post Megaworld’s New Hotel Complex in Westside City, Philippines, to Be Opened by the End of the Year appeared first on World Casino News.

Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened “the first dedicated gaming showroom” in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocrat’s new offices located in Pasay City, Manila, in the vicinity of the popular Entertainment City casino area. Showcasing the Latest Gaming Developments: The company reportedly stated: “Displaying a full range of games currently successful in the Philippines such as Dragon Link, Tian Ci Ji Lu, and 5 Dragons Pearl, the showroom […]

The post Aristocrat Opens First Dedicated Gaming Showroom in Manila appeared first on World Casino News.

The Philippine casino sector continued growth in the fourth quarter of 2022 to generate almost PHP56.01 billion (US$1.02 billion) in gross gaming revenue (GGR) as of December 31. This level exceeds the third quarter’s figures by 13.5 % and represents a 96.2 percent higher revenue value than the one achieved over the same period last year. Still, the figure referring to the casino industry’s revenue does not include bingo, electronic games, and “e-sabong” (online presented cock-fighting) betting operations.  GGR amounted […]

The post Philippine Gross Gaming Revenue Grew by 91 Percent in 2022 Over the Previous Year appeared first on World Casino News.

In the Philippines and police reportedly arrested Japanese casino magnate Kazuo Okada (pictured) yesterday on ‘grave coercion’ charges connected with late-May’s attempted takeover of the Okada Manila property. According to a report from the Bloomberg news service, the 80-year-old was detained by authorities after landing at Ninoy Aquino International Airport in Manila from Japan subsequent to being indicted alongside a trio of associates by the Philippines’ Department of Justice. Eminent establishment: Opened in December of 2016 by Manila-headquartered Tiger Resort […]

The post Kazuo Okada arrested in the Philippines in connection with failed Okada Manila takeover appeared first on World Casino News.

In the Philippines and the Department of Justice has reportedly announced that it is to file criminal charges against Japanese casino magnate Kazuo Okada following his attempted late-May takeover of the Okada Manila property. According to a report from Inside Asian Gaming, the Asian nation’s highest law enforcement body has issued a resolution informing the octogenarian of its intention to indict after a group of his allies stormed the 993-room Entertainment City property on May 31. The source explained that […]

The post Philippines Department of Justice details intent to indict Kazuo Okada appeared first on World Casino News.

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 property. According to a Sunday report from The Manila Times newspaper, the Philippine Amusement and Gaming Corporation (PAGCor) watchdog has issued a cease-and-desist order regarding the agents who seized control of the Entertainment City venue from May 31. This group purportedly appropriated the development on behalf of Japanese billionaire businessman Kazuo Okada […]

The post PAGCor issues cease-and-desist order on Okada Manila takeover appeared first on World Casino News.