Philippines | World Casino News

Manila casinos staying closed despite partial lifting of coronavirus restrictions

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, Gaming Industry News, Casino closures, 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

U.S.A., Casino News, Latest Casino and Gambling News, 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, Gaming Industry News, Casino project updates, 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, New Hotels, Casino expansion projects, Casino project updates, Gaming Industry News, 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

Casino News, Latest Casino and Gambling 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...

Philippines casino industry posts encouraging third-quarter figures

Adam Morgan

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

Latest Casino and Gambling News, Casino 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...

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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’

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

Iris Capital Secures Support for $177M Reef Casino Trust Takeover

AGA Unveils 2025 Gaming Hall of Fame Class Ahead of G2E

New York Online Sportsbooks Earn $206M in June as Handle Slips

South Africa’s Explosive Online Gambling Growth Tests Regulatory Limits

CMA Probes Sportradar’s Acquisition of IMG Arena