Philippines | World Casino News

Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos

August 26, 2016

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

The end result of president Duterte's crackdown on gambling in the country might not be a concern for the integrated resort casinos in Manila and Entertainment City. A recent report in GGRAsia quotes CLSA Ltd ...

Resorts World Manila to open new Marriot Hotel wing in September as part of its phase three roll-out

Renee Kingsley

August 25, 2016

Latest Casino and Gambling News, Casino expansion projects, New Hotels, Casino project updates, Philippines

Genting Hong Kong Ltd (hk:678) partnered with the Alliance Global Group Inc in the Philippines to form the Travellers International Hotel Group Inc which is the company that operates Resorts World Manila, situ...

Philippines: Pagcor to issue online gambling permits with six months initial validity

Renee Kingsley

August 24, 2016

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

Pagcor, the Philippine Amusement and Gaming Corporation who owns and operates casinos and delegates land based casino licenses in the most populated areas of the country, may be getting into the online gambling...

Philippines Finance Secretary says government wants Pagcor out of the casino business

Kim M

August 24, 2016

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

It is the opinion of the Philippine Department of Finance (DOF) that the country’s gaming regulator, Philippine Amusement and Gaming Corporation (PAGCOR), should operate only in a regulatory capacity and allow ...

Calata Corporation partners up for new Mactan Leisure City integrated casino resort

Adam Morgan

August 23, 2016

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

Philippines farming products distributor Calata Corporation has announced plans to team up with American firm Sino-America Gaming Investment Group and British Virgin Islands-registered Macau Resources Group Lim...

Ongpin makes last ditch effort made to save Philweb

Sadonna Price

August 22, 2016

Latest Casino and Gambling News, Philippines

A final effort has been made by Roberto Ongpin to save the employees of Philweb Corp., a Philippine company that just recently received the news that they will not be seeing thA final effort has been made by Ro...

Philippine regulator takes aim at electronic bingo

Adam Morgan

August 19, 2016

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

After earlier announcing that it would not be renewing the license of online games developer PhilWeb Corporation, the Philippine gaming regulator is now reportedly taking aim at the electronic bingo sector. ...

PhilWeb Corporation shares offered to Philippines government

Adam Morgan

August 18, 2016

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

The majority shareholder of Philippine online games developer PhilWeb Corporation has offered to donate most of his stake to the nation’s gaming regulator in an effort to save the firm and safeguard the jobs of...

Philippine regulator unlikely to reverse PhilWeb Corporation decision

Adam Morgan

August 17, 2016

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

Hopes of salvaging the future of Philippine "online" games developer PhilWeb Corporation seem to be at an end after the nation’s regulator revealed that it was not likely to reconsider an earlier decision not t...

Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans

Renee Kingsley

August 16, 2016

Latest Casino and Gambling News, Casino expansion projects, Financial Press Releases, Philippines

The Alliance Global Group in the Philippines and Genting Bhd in Malaysia created a joint venture company called the Travellers International Hotel which was responsible for operating the Resorts World Manila ca...

Bangladesh central bank withholding results of investigation into cyber theft

Adam Morgan

August 15, 2016

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

The central bank of Bangladesh has revealed that it is withholding the findings of an investigation into a February cyber theft that netted criminals around $81 million in order to avoid tipping off the “foreig...

Bloomberry Resorts Corporation returns to profitability

Adam Morgan

August 13, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

Philippine casino operator Bloomberry Resorts Corporation has published its unaudited consolidated financial results for the first six months of 2016 showing a return to profitability thanks to record highs in ...

Tax holiday set to end for Entertainment City casinos

Adam Morgan

August 13, 2016

Latest Casino and Gambling News, Taxation, Philippines

After previously taking aim at the online gambling sector, the administration of newly-elected Philippine President Rodrigo Duterte has now turned his attention to the nation’s land-based casino industry by ann...

PAGCOR now looking into CEZA-licensed online operators

Sadonna Price

August 12, 2016

Latest Casino and Gambling News, Philippines

The online gambling woes continue in the Philippines as operators may not be safe from the efforts to ban the activity by President Rodrigo Duterte. Yesterday, the Philippine Amusement and Gaming Corp (PAGCOR) ...

Roberto Ongpin auctioning his controlling stake in PhilWeb Corporation

Adam Morgan

August 11, 2016

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

In a latch ditch effort to save Philippine online games developer PhilWeb Corporation, businessman Roberto Ongpin has announced that he will be holding an auction for the 53.76% stake he holds in the enterprise...

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Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos

Resorts World Manila to open new Marriot Hotel wing in September as part of its phase three roll-out

Philippines: Pagcor to issue online gambling permits with six months initial validity

Philippines Finance Secretary says government wants Pagcor out of the casino business

Calata Corporation partners up for new Mactan Leisure City integrated casino resort

Ongpin makes last ditch effort made to save Philweb

Philippine regulator takes aim at electronic bingo

PhilWeb Corporation shares offered to Philippines government

Philippine regulator unlikely to reverse PhilWeb Corporation decision

Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans

Bangladesh central bank withholding results of investigation into cyber theft

Bloomberry Resorts Corporation returns to profitability

Tax holiday set to end for Entertainment City casinos

PAGCOR now looking into CEZA-licensed online operators

Roberto Ongpin auctioning his controlling stake in PhilWeb Corporation

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

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