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PhilWeb Corp. back in operation
After being forced to shut down when its license expired in August of last year, PhilWeb Corp. is now back in action. The company was given the go-ahead to become a service provider after being reinstated by th...
Philippines
Resorts World Manila operator posts massive loss after June attack
Travellers International Hotel Group Inc., owner, and operator of Resorts World Manila experienced a net loss of PHP312.09 million (US$622,621) for the second quarter of 2017, after closing its casino in June f...
PAGCOR provides provisional license to Millennium for Cebu casino development
PAGCOR, the Philippine Amusement and Gaming Corporation, has decided to provide a Provisional License to Millennium Pan-Asia Hotel and Resort Inc. so that the company can create a new integrated resort and casi...
Waterfront Philippines Incorporated to upgrade four properties
In the Philippines, hotel and casino operator Waterfront Philippines Incorporated has reportedly announced that it intends to spend approximately $32.5 million beginning from next year to renovate and upgrade f...
Philippines firm breaks ground on The Emerald Resort Hotel and Casino
In the Philippines, local firm Udenna Development Corporation recently held a groundbreaking ceremony for the $341 million integrated casino resort it is building on the central island of Mactan.
Davao City-...
Manila casino investment proves profitable for Premium Leisure Corporation
Gaming-focused investments firm Premium Leisure Corporation has released its financial results for the first half of 2017 showing a 123% increase year-on-year in net revenues to nearly $20.3 million thanks in l...
Improved second quarter for Melco Resorts and Entertainment Limited
Asian casino operator Melco Resorts and Entertainment Limited has revealed its unaudited financial results for the second quarter showing a 21% increase year-on-year in net revenues for the three-month period t...
Aik Chuan wins second Asian Poker Tour Main Event title
Earlier this month, the Star Vegas Resort & Club of Cambodia hosted the Asian Poker Tour Southeast Asian event. Several poker tournaments were on the schedule including the Main Event. Fifty players took pa...
First-half revenues boom for Philippine Amusement and Gaming Corporation
The Philippine Amusement and Gaming Corporation has released its financial results for the six months to the end of June showing that its net income improved by almost 24.8% year-on-year to hit $60.5 million wh...
Japan’s Universal loses Supreme Court appeal
The Supreme Court of Japan has rejected an appeal to hear a defamation case brought by Japan's Universal Entertainment Corp against Reuters. The decision upholds two lower court rulings in the country.
The C...
Philippines President signs casino anti-money laundering measures into law
In the Philippines, President Rodrigo Duterte signed legislation into law late last week instituting new anti-money laundering regulations for the Asian nation’s online, land-based and maritime casinos.
Pass...
Work on new Lapu-Lapu Leisure Mactan scheme expected to start soon
In the Philippines, the man behind the plan to build a $300 million integrated casino resort on the central island of Mactan has reportedly revealed that he is close to securing all of the project’s funding req...
Resorts World Manila gets facelift
In a disclosure to the Philippine Stock Exchange, Philippine casino operators Travellers International Hotel Group Inc. revealed that they are resuming operations at the Resorts World Manila (RWM) with a major ...
Philippines government remains bullish on casino privatization plan
In the Philippines, the government is reportedly confident that it will continue to earn revenues from the 46 casinos currently owned and operated by the Philippine Amusement and Gaming Corporation once these a...
Resorts World Manila casino re-opens following deadly attack
After having its casino license suspended in the wake of the June 2 shooting and arson attack that left 38 people dead, the Resorts World Manila complex has today reportedly resumed gaming operations following ...