Philippines | World Casino News

Philippines casino industry posts encouraging third-quarter figures

November 25, 2020

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

In the Philippines and ongoing effects of the coronavirus pandemic reportedly pushed aggregated third-quarter gross gaming revenues for the nation’s land-based casino industry down by over 71% year-on-year to a...

Suncity Group agrees Resorts World Westside City construction contract

Adam Morgan

November 16, 2020

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

In the Philippines and a subsidiary of Asian junket operator Suncity Group has reportedly inked an agreement that is to see Megawide Construction Corporation assist in building the first stage of its coming Res...

Okada Manila disappointment for Universal Entertainment Corporation

Adam Morgan

November 13, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Game manufacturers, Philippines

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation is reportedly continuing to be adversely impacted by the coronavirus-induced drop in revenues from its Okada Manila inte...

Melco Resorts and Entertainment Limited records third-quarter deficit

Adam Morgan

November 6, 2020

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

Asian casino operator Melco Resorts and Entertainment Limited has reportedly again followed many of its rivals in recording an overall loss for the three months to the end of September owing to the continuing f...

PAGCor approves iGaming move for Manila integrated casino resorts

Adam Morgan

November 3, 2020

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, Casino openings, New online casinos, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Philippines

In the Philippines and the nation’s gaming regulator has reportedly informed Manila’s four giant land-based integrated casino resorts that they may now begin accepting online bets so as to help mitigate their c...

Waterfront Philippines Incorporated to persevere with Entertainment City plan

Adam Morgan

November 2, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines and local hotel and casino operator Waterfront Philippines Incorporated has reportedly been granted permission to move forward with its plan to bring a new gambling-friendly property to Manil...

Subic Bay Freeport Zone losing its remaining POGO license holders

Adam Morgan

November 2, 2020

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

The three remaining firms holding a Philippine Offshore Gaming Operator (POGO) license in the Subic Bay Freeport Zone are reportedly closing down due to the economic fallout associated with the ongoing coronavi...

PAGCor continuing to count the cost of coronavirus closures

Adam Morgan

October 28, 2020

Casino News, Latest Casino and Gambling News, Casino openings, 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 nine months of the year dropped by 60% on a comparative basis to around ...

Belle Corporation counting the cost of coronavirus lockdown

Adam Morgan

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, Economy/Finance, Game manufacturers, 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, Asian Casino News, Sports betting, Online Gambling News, 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

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

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Suncity Group agrees Resorts World Westside City construction contract

Okada Manila disappointment for Universal Entertainment Corporation

Melco Resorts and Entertainment Limited records third-quarter deficit

PAGCor approves iGaming move for Manila integrated casino resorts

Waterfront Philippines Incorporated to persevere with Entertainment City plan

Subic Bay Freeport Zone losing its remaining POGO license holders

PAGCor continuing to count the cost of coronavirus closures

Belle Corporation counting the cost of coronavirus lockdown

Coronavirus repercussions for Sega Sammy Creation Incorporated

Philippines iGaming operators considering Isle of Man move

Manila casino authorization for International Entertainment Corporation

Philippines second-quarter gross gaming revenues shattered by coronavirus

Revised tax rates for licensed Philippines iGaming operators

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

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