Philippines | World Casino News

Casino related real estate firms in the Philippines post banner Q1 results

May 22, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

According to disclosures on the Philippines Stock Exchange along with local reports, it looks like the Philippine real estate market is producing well for the big players. First quarter results along with a ...

Melco Crown Philippines becomes world’s best-performing casino stock

Alex Lanter

May 22, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

Melco Crown Philippines (PSE:MCP), the Philippine arm of Melco Resorts & Entertainment group of Asia, is the world’s top-performing casino stock of 2017, a Bloomberg report confirms. According to the report...

Philippines regulator establishes new offshore online sportsbetting license

Adam Morgan

May 11, 2017

Latest Casino and Gambling News, Online gambling regulation, Sports betting, Philippines

In the Philippines, the state-run Philippine Amusement And Gaming Corporation gambling regulator has announced the establishment of a new offshore gaming license for firms offering online sportsbetting services...

China joins with the Philippines to crack down on illegal online gambling

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Online Gambling News, Crime, Philippines

As part of a broader campaign to curb the illicit flow of capital overseas, authorities in China have reportedly joined with their counterparts in the Philippines to crack down on illegal online gambling operat...

Philippines to begin sell off of state-run casinos by the end of the year

Adam Morgan

May 8, 2017

Casino Sales, Casino News, Latest Casino and Gambling News, Philippines

In the Philippines, the government has reportedly revealed that it intends to sell off the 46 casinos currently operated by the Philippine Amusement And Gaming Corporation by the end of the year and transform t...

Philippines grants provisional approval for new Cebu integrated casino resort

Adam Morgan

May 5, 2017

Casino proposals, Latest Casino and Gambling News, Philippines

In the Philippines, local trading and shipping firm Udenna Corporation has announced that it has received provisional government approval to build and operate a new $300 million integrated casino resort near th...

Midori Hotel and Casino opens on Luzon Island

Kim M

May 3, 2017

Latest Casino and Gambling News, Casino openings, Philippines

Senate President Aquilino L. Pimentel III led the ribbon-cutting ceremony for the grand opening of the Midori Clark Hotel and Casino on Monday. Located on Luzon Island, Philippines at Clark Freeport Zone, Pa...

Philippines begins deporting Chinese nationals following joint operation

Adam Morgan

April 28, 2017

Latest Casino and Gambling News, China, Illegal Bookmaking, Unlicensed Operation, Tax Evasion, Philippines

The Philippines has reportedly deported 55 Chinese nationals after they were arrested last week on suspicion of involvement in an illegal China-facing online gaming operation. According to a report from the ...

Philippines government agency to force online gambling firms out of Manila

Adam Morgan

April 26, 2017

Latest Casino and Gambling News, Licenses, Online Gambling News, Philippines

In the Philippines, the government agency tasked with accrediting buildings for the nation’s numerous special economic zones has reportedly revealed that it wants to stop online gambling operators and their anc...

Winford Hotel & Casino hosts official grand opening

Sadonna Price

April 26, 2017

Latest Casino and Gambling News, Casino openings, New Hotels, Casino project updates, Philippines

After a soft opening in January of last year, the Winford Hotel & Casino has hosted their official grand opening ceremony this past Friday. The MJC Investments Corp project cost $160.9 million to build and ...

Belle Corporation looking to expand Philippines casino footprint

Adam Morgan

April 25, 2017

Casino proposals, Latest Casino and Gambling News, Economy/Finance, Philippines

Philippines real estate and gaming firm Belle Corporation has reportedly announced that it is hoping to expand its City Of Dreams Manila casino resort by purchasing land adjacent to the current 15-acre developm...

New amenities and facilities to be revealed by Okada Manila this Friday

Sadonna Price

March 28, 2017

Latest Casino and Gambling News, Casino project updates, Philippines

Tiger Resort, Leisure and Entertainment, Inc. has announced via press release that more details about the Okada Manilla resort in the Philippines will be revealed this Friday. An unveiling will be provided for ...

Philippines could pass new anti-money laundering legislation this year

Adam Morgan

March 27, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Money Laundering, Philippines

New rules aimed at tightening anti-money laundering regulations for land-based casinos in the Philippines could reportedly come into force later this year as Senate lawmakers look to approve their version of a ...

Bloomberry Resorts Corporation is back in the black

Adam Morgan

March 24, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

Asian casino operator Bloomberry Resorts Corporation has published its financial results for 2016 showing that all-time record VIP volume and mass-market table drop led to it transforming the previous year’s an...

North Korea “Sony code” found in $81m cyber heist laundered in PH casinos

Lars Jones

March 23, 2017

Latest Casino and Gambling News, Hacking, Money Laundering, Philippines

In the U.S., federal prosecutors are looking into whether North Korea played a role in the February 2016, theft of $81m from the New York Federal Reserve Bank belonging to the Bangladesh Central Bank. Initia...

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Casino related real estate firms in the Philippines post banner Q1 results

Melco Crown Philippines becomes world’s best-performing casino stock

Philippines regulator establishes new offshore online sportsbetting license

China joins with the Philippines to crack down on illegal online gambling

Philippines to begin sell off of state-run casinos by the end of the year

Philippines grants provisional approval for new Cebu integrated casino resort

Midori Hotel and Casino opens on Luzon Island

Philippines begins deporting Chinese nationals following joint operation

Philippines government agency to force online gambling firms out of Manila

Winford Hotel & Casino hosts official grand opening

Belle Corporation looking to expand Philippines casino footprint

New amenities and facilities to be revealed by Okada Manila this Friday

Philippines could pass new anti-money laundering legislation this year

Bloomberry Resorts Corporation is back in the black

North Korea “Sony code” found in $81m cyber heist laundered in PH casinos

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

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