Philippines | World Casino News

Anti-Money Laundering Council of the Philippines hopes to recover Bangladesh stolen funds

December 7, 2016

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, Philippines

The Anti-Money Laundering Council or AMLC is working to recover $81 million that was stolen last February. The Philippine based group is prepping civil forfeiture cases in order to gain back the funds that were...

Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant

Renee Kingsley

December 7, 2016

Latest Casino and Gambling News, China, Unlicensed Operation, Macau, Online Gambling News, Philippines

Macau based and Hong Kong listed Jimei International Entertainment Group Limited released a statement to distance itself from its controlling shareholder and executive director Jack Lam after authorities in the...

Coming Runway Manila bridge to benefit Resorts World Manila

Adam Morgan

December 6, 2016

Latest Casino and Gambling News, Casino News, Philippines

In the Philippines, the operator of Resorts World Manila has reportedly announced that a new pedestrian bridge it is building to link a portion of Ninoy Aquino International Airport with a site near the 1,574-r...

Fontana Leisure Parks & Casino shut down after Pagcor revokes permits; Lam still at large

Lars Jones

December 5, 2016

Latest Casino and Gambling News, Casino closures, Unlicensed Operation, Macau, Philippines

Philippine Amusement and Gaming Corp. (Pagcor) agents in cooperation with Angeles City police and the regional Criminal Investigation and Detection Group carried out an order issued by President Duterte to shut...

Jack Lam flees the Philippines to avoid being arrested for illegal online gambling operations

Renee Kingsley

December 5, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Unlicensed Operation, Philippines

Authorities in the Philippines arrested over 1,000 Chinese nationals who were alleged to have been involved in illegal online gambling operations and violating their working visas. Local media reports stated th...

Philippines to deport over 1300 Chinese nationals detained in online gambling crackdown

Renee Kingsley

November 29, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, China, Unlicensed Operation, Philippines

The Philippines continues its crackdown against some elements of the gambling industry in the country under the leadership of President Rodrigo Duterte. Authorities in the Philippines arrested over 1300 Chinese...

Over 1,000 arrested during online gambling raid in Philippines

Sadonna Price

November 25, 2016

Latest Casino and Gambling News, Unlicensed Operation, Online Gambling News, Philippines

Immigration officials in the Philippines arrested more than 1,000 individuals on Friday, all of which were undocumented Chinese nationals, after a raid took place in Clark, Pampanga at a recreational facility. ...

Light at the end of the tunnel for PhilWeb Corporation

Adam Morgan

November 22, 2016

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

In the Philippines, online games developer PhilWeb Corporation will reportedly soon be given permission to re-open 131 e-Games-branded gaming parlors across the nation following a re-think by the Philippine Amu...

Kazuo Okada’s Universal Entertainment loses defamation case against Reuters Japan

Renee Kingsley

November 18, 2016

Latest Casino and Gambling News, Japan, Fines, Lawsuits & Litigation, Philippines

Billionaire Kazuo Okada, the chairman of Japanese based Universal Entertainment, had filed a case against the Japanese division of Thomson Reuters Corp and three journalists on defamation charges back in Decemb...

Manila casinos gaming revenues increase due to junket operators

Sadonna Price

November 16, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation released the gaming revenue numbers for casinos in Manila showing an increase for Q3 2016. The figures were reported on Monday and showed that the country was abl...

PhilWeb Corporation hopes to secure e-Games licenses by year’s end

Adam Morgan

November 15, 2016

Latest Casino and Gambling News, Licenses, Philippines

After announcing last month that it intends to “reapply” for licenses to operate its network of e-Games-branded parlors, Philippines online games developer PhilWeb Corporation has now reportedly revealed that i...

Universal Entertainment confirms Okada Manila Phase 1 Opening For December 2016

Renee Kingsley

November 15, 2016

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

Universal Entertainment which is led by Japanese tycoon Kazuo Okada recently confirmed that their $2.4 billion Okada Manila casino resort in the Philippines will open before the end of December 2016. The multi-...

Philippines President says lack of manpower preventing his government from cracking down on illegal gambling

Renee Kingsley

November 9, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Unlicensed Operation, Philippines

Rodrigo Duterte, the President of the Philippines has created a lot of controversy within the first year of his rule as his government looks to crackdown on corruption, wage war on narcotics and clean up the co...

$15 million returned to Bangladesh from $81m stolen in cyber heist

Lars Jones

November 8, 2016

Latest Casino and Gambling News, Money Laundering, Financial Fraud, Philippines

A team from the Bangladesh Bank was in Manila Monday to start the process of moving some of the $81 million pilfered from its New York Federal Reserve in February back the central bank in Bangladesh, according ...

Belle Corporation terminates revenue sharing agreement with LRWC

Adam Morgan

November 7, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Philippines

Philippines real estate and investments firm Belle Corporation has announced the termination of its revenue sharing agreement with retail gaming operator Leisure And Resorts World Corporation. According to a...

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Anti-Money Laundering Council of the Philippines hopes to recover Bangladesh stolen funds

Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant

Coming Runway Manila bridge to benefit Resorts World Manila

Fontana Leisure Parks & Casino shut down after Pagcor revokes permits; Lam still at large

Jack Lam flees the Philippines to avoid being arrested for illegal online gambling operations

Philippines to deport over 1300 Chinese nationals detained in online gambling crackdown

Over 1,000 arrested during online gambling raid in Philippines

Light at the end of the tunnel for PhilWeb Corporation

Kazuo Okada’s Universal Entertainment loses defamation case against Reuters Japan

Manila casinos gaming revenues increase due to junket operators

PhilWeb Corporation hopes to secure e-Games licenses by year’s end

Universal Entertainment confirms Okada Manila Phase 1 Opening For December 2016

Philippines President says lack of manpower preventing his government from cracking down on illegal gambling

$15 million returned to Bangladesh from $81m stolen in cyber heist

Belle Corporation terminates revenue sharing agreement with LRWC

Nolimit City Expands to Denmark and Introduces Outsourced: Payday Slot

Rei do Pitaco Joins Brazil’s Regulated Sports Betting Market

Rush Street Interactive Expands Board With Thomas Winter Appointment

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella