Philippines | World Casino News

Casinos in the Philippines set to benefit as the country’s relationship with China continues to improve

November 5, 2016

Latest Casino and Gambling News, China, Philippines

The Philippines and China have not had the best of relationships in the past, but things are looking better for both countries after Philippine’s president Rodrigo Duterte visit to China in October. Philippine ...

Belle Corporation to invest in proposed Manila airport project

Adam Morgan

November 4, 2016

Latest Casino and Gambling News, Philippines

In the Philippines, local investment vehicle Belle Corporation revealed this week that it has agreed to join a consortium hoping to build a new international airport on reclaimed land near the southwest suburbs...

Casinos in the Philippines will have to report all suspicious financial transactions if House Bill 14 is approved

Renee Kingsley

November 2, 2016

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

The Philippines has continued to tighten financial regulations on the casino industry in an effort to stop money laundering activities in the country. Rep. Feliciano Belmonte Jr from Quezon City recently introd...

Philippine Supreme Court upholds Solaire’s exemption from corporate taxes

Kim M

November 1, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Fines, Lawsuits & Litigation, Philippines

The Supreme Court of the Philippines has upheld its decision that declared Bloomberry Resorts and Hotels, Inc.’s (Bloomberry)(BLOOM.PS) exemption from paying a corporate tax, imposed by the Bureau of Internal R...

Philippines operator reports improved nine-month net income

Adam Morgan

October 29, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation has released its financial results for the nine months to the end of September showing that it achieved a 0.32% increase year-on-year in net income to $65.91 mill...

Eleven charged over controversial Manila casino land deal

Adam Morgan

October 25, 2016

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

In the Philippines, an anti-graft and corruption watchdog has lodged a formal complaint against Cristino Naguiat, the former Chairman and Chief Executive Officer for the Philippine Amusement And Gaming Corporat...

Filipinos may get local e-gaming cafes back

Sadonna Price

October 11, 2016

Latest Casino and Gambling News, Gaming Industry News, Philippines

After putting PhilWeb, a top gaming technology provider based in the Philippines, through the ringer, the country has finally decided to stop a war against iGambling. The government has fought the industry for ...

PAGCOR confirms that 76 operators have applied for offshore gaming licenses

Renee Kingsley

October 11, 2016

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

The Philippine Amusement and Gaming Corp (Pagcor) announced in September that it would be awarding offshore gaming licenses to allow operators to offer online casino games and sports betting services in the cou...

Okada Manila soft launch delay due to bad weather

Alex Lanter

October 10, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

The 110 acres (44 hectar) casino and hotel resort in Entertainment City, Manila, the Okada Manila, will delay its November soft opening, according to local news reports. The $2.4 billion investment was supposed...

PhilWeb Corporation intends to “reapply” for operating licenses

Adam Morgan

October 7, 2016

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

In the Philippines, online games developer PhilWeb Corporation has reportedly announced that it intends to “reapply” for licenses to operate its network of e-Games parlors. According to a report from GGRAsia...

FATF may blacklist Philippines if casinos are not covered by AMLA

Sadonna Price

October 4, 2016

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

The Financial Action Task Force is considering blacklisting the Philippines if the government does not include casinos within the Anti-Money Laundering Act. Known as the AMLA, the Anti-Money Laundering Council ...

PAGCOR conducting study on sale of casino assets

Sadonna Price

October 4, 2016

Latest Casino and Gambling News, Philippines

A study is already underway by the Philippine Amusement and Gaming Corporation to look into the possibility of selling over 40 productive assets in an effort to end a conflict of interest that is coming into pl...

Alliance Global finalizing master plan for Westside City

Kim M

October 4, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

After an annual stockholders’ meeting on Thursday, Sept 29, Kingson U. Sian, the president and chief operating officer of Alliance Global Group Inc. (AGI) (AGI:PM) told reporters that by June of 2017, the compa...

Partial reprieve for Leisure And Resorts World Corporation

Adam Morgan

September 27, 2016

Latest Casino and Gambling News, Licenses, Philippines

After becoming the latest casualty of new Philippine President Rodrigo Duterte a few weeks ago and being ordered to close 53 of its 137 bingo and electronic games parlors, operator Leisure And Resorts World Cor...

Okada Manila planning to add cruise ship port

Adam Morgan

September 26, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

After stating earlier this month that it wanted to promote the Philippines as a destination for luxury cruise operators, Tiger Resort Leisure And Entertainment Incorporated has reportedly announced plans to add...

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Casinos in the Philippines set to benefit as the country’s relationship with China continues to improve

Belle Corporation to invest in proposed Manila airport project

Casinos in the Philippines will have to report all suspicious financial transactions if House Bill 14 is approved

Philippine Supreme Court upholds Solaire’s exemption from corporate taxes

Philippines operator reports improved nine-month net income

Eleven charged over controversial Manila casino land deal

Filipinos may get local e-gaming cafes back

PAGCOR confirms that 76 operators have applied for offshore gaming licenses

Okada Manila soft launch delay due to bad weather

PhilWeb Corporation intends to “reapply” for operating licenses

FATF may blacklist Philippines if casinos are not covered by AMLA

PAGCOR conducting study on sale of casino assets

Alliance Global finalizing master plan for Westside City

Partial reprieve for Leisure And Resorts World Corporation

Okada Manila planning to add cruise ship port

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