Philippines | World Casino News

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

May 20, 2021

Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, 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...

Two more Manila integrated casino resorts granted PIGO iGaming licenses

Adam Morgan

May 4, 2021

Online gaming software, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, The Players Lounge, Online Gambling News, Licensing, Philippines

In the Philippines and the giant Resorts World Manila and Solaire Resort and Casino properties have reportedly followed their neighboring Okada Manila venue in being officially licensed to offer online gaming t...

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

Casino News, Online gaming software, Latest Casino and Gambling 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

Latest Casino and Gambling News, Casino 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...

Manila casinos staying closed despite partial lifting of coronavirus restrictions

Adam Morgan

April 12, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, 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...

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

Casino News, Latest Casino and Gambling News, U.S.A., 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...

Suncity Group Holdings Limited disposes of interest in FOPM Group

Adam Morgan

March 26, 2021

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

The Philippines subsidiary of Asian casino investor Suncity Group Holdings Limited has reportedly sold off its remaining stake in the FOPM Group real estate business so as to better focus on a new gaming-friend...

Philippines iGaming industry facing potential tax shake-up

Adam Morgan

February 10, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Licensing, Taxes, Philippines

In the Philippines and a proposal is reportedly making its way through the legislative process that could soon oblige all locally-licensed iGaming operators to pay up to a 5% tax on their gross gaming revenues....

HatchAsia Incorporated completes takeover of Silver Heritage Group Limited

Adam Morgan

January 25, 2021

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

Some eight months after being placed into administration by its main lender and Asian casino operator Silver Heritage Group Limited has now reportedly been officially purchased by Philippines enterprise HatchAs...

Future operator of coming Resorts World Westside City venue incorporated

Adam Morgan

January 20, 2021

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

In the Philippines and the majority-owned Suntrust Home Developers Incorporated subsidiary of Asian junket operator Suncity Group has reportedly established its own Suncity WC Hotel Incorporated enterprise to s...

Suncity Group Holdings Limited unveils Hoiana second phase schedule

Adam Morgan

January 6, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Philippines, Russia, Vietnam

Asian junket operator Suncity Group Holdings Limited has reportedly announced that it intends to begin construction on the second phase of its $4 billion Hoiana integrated casino resort from sometime later this...

Under-construction Emerald Bay Resort and Casino passes ‘significant milestone’

Adam Morgan

December 7, 2020

Latest Casino and Gambling News, Casino News, New Hotels, Gaming Industry News, Casino project updates, Philippines

In the Philippines and casino operator PH Resorts Group Holdings Incorporated has reportedly announced that it has ‘topped off’ the two hotel towers for its envisioned Emerald Bay Resort and Casino. Accordin...

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

Two more Manila integrated casino resorts granted PIGO iGaming licenses

PAGCor chalks up disappointing first-quarter financials

Okada Manila licensed to offer online gaming in the Philippines

Okada Manila records depressing first-quarter financials

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

Manila casinos staying closed despite partial lifting of coronavirus restrictions

Universal Entertainment Corporation cancels proposed Okada Manila land sale

Enrique Razon facing another Solaire Resort and Casino lawsuit

Suncity Group Holdings Limited disposes of interest in FOPM Group

Philippines iGaming industry facing potential tax shake-up

HatchAsia Incorporated completes takeover of Silver Heritage Group Limited

Future operator of coming Resorts World Westside City venue incorporated

Suncity Group Holdings Limited unveils Hoiana second phase schedule

Under-construction Emerald Bay Resort and Casino passes ‘significant milestone’

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Head Digital Works to Merge With Adda52 Parent Deltatech Gaming in India

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

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Churchill Downs Unveils $1B Expansion Ahead of 154th Kentucky Derby