Philippines | World Casino News

Belle Corporation counting the cost of coronavirus lockdown

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...

Coronavirus repercussions for Sega Sammy Creation Incorporated

Adam Morgan

October 12, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Asian Casino News, Macau, Philippines, Vietnam

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly announced that its Sega Sammy Creation Incorporated subordinate has recorded a loss of approximately $14.8 million for its most recen...

Philippines iGaming operators considering Isle of Man move

Adam Morgan

October 12, 2020

Isle of man, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Asian Casino News, Sports betting, Licensing, Taxes, Philippines

Prominent professional services firm Affinity Group Limited has reportedly revealed that it has recently seen a spike in the number of Asia-facing iGaming providers expressing an interest in relocating from the...

Manila casino authorization for International Entertainment Corporation

Adam Morgan

September 23, 2020

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

Following many months of negotiations and Asian hotel and leisure operator International Entertainment Corporation has reportedly announced that it has finally received conditional approval to transform one of ...

Revised opening target for under-construction Emerald Bay Resort and Casino

Adam Morgan

September 22, 2020

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

In the Philippines and the PH Resorts Group Holdings Incorporated subordinate of local conglomerate Udenna Corporation has reportedly announced that its coming Emerald Bay Resort and Casino should be fully open...

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-...

Revised tax rates for licensed Philippines iGaming operators

Adam Morgan

September 15, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Taxes, Philippines

In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of ...

Solaire Resort and Casino launching new ‘phasing plan’ re-opening program

Adam Morgan

September 8, 2020

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

In the Philippines and the re-opening Solaire Resort and Casino has reportedly detailed the launch of a ‘phasing plan’ that should allow it to gradually increase capacity via the implementation of new safety an...

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...

NayonLanding proposal given more time to find a new home

Adam Morgan

August 31, 2020

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

In the Philippines and casino operator Landing International Development Limited has reportedly announced that it has been given more time to find a suitable Manila home for its envisioned NayonLanding developm...

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 ...

Gloomy prediction for Bloomberry Resorts Corporation

Adam Morgan

August 17, 2020

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

In the Philippines and the impact of the ongoing coronavirus pandemic is reportedly set to push annual VIP gross gaming revenues for local casino operator Bloomberry Resorts Corporation down by up to 72% year-o...

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 ...

PAGCor records first-half deficit owing to coronavirus-related closures

Adam Morgan

July 29, 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) has reportedly recorded a first-half net deficit of approximately $32.5 million largely due to the nation’s coronavirus-related closure of its gaming fac...