Philippines | World Casino News

PAGCOR exceeds first-quarter earnings expectations

May 4, 2016

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

The state-run Philippine Amusement And Gaming Corporation (PAGCOR) has revealed that its net income for the first three months of 2016 rose by 11% year-on-year to reach $22.1 million. PAGCOR operates 13 casi...

Soft opening this week for new Philippines casino

Kim M

April 26, 2016

Latest Casino and Gambling News, Casino openings, Philippines

This week, the Midori Clark Hotel and Casino in the Philippines will have a soft opening for the casino only. In an email to GGRAsia, the property’s marketing team said that the grand opening to include the hot...

Quezon City is site for Razon’s second casino

Kim M

April 25, 2016

Casino proposals, Latest Casino and Gambling News, Philippines

A P1.9-billion property in Quezon City, the most populous city in the Philippines, is the chosen location for Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr.’s second casino in ...

Bloomberry chairman Razon warns of oversupply in Manila casino market

Kim M

April 22, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

On Thursday, Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr., warned that the opening of two additional gaming complexes within the next two years would produce an “oversupply” ...

PAGCOR defends gaming industry amidst money laundering incident

Sadonna Price

April 3, 2016

Latest Casino and Gambling News, Money Laundering, Philippines

Philippine Amusement and Gaming Corporation Head Cristino Naguiat Jr. recently spoke with reporters, defending the gambling industry, stating that casinos are not the easiest venue for criminals to launder fund...

Chinese junket operator in Manila reportedly received $30 million from hacked bank account

Lars Jones

March 16, 2016

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

Details are beginning to emerge in one of the largest cyber bank heists in history with the governor of Bangladesh's central bank resigning along with two deputies being fired. $81 million was reportedly stole...

Loopholes in anti-money laundering law will be plugged; Philippine Senate vows

Kim M

March 13, 2016

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

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The Senate Blue Ribbon committee will attempt to fix loopholes in the Anti-Money Laundering Act (AMLA) on Tuesday when is conducts a public hearing on the alleged $81 million cross-border money-laundering and e...

$100 million money laundering probe in the Philippines: report

Lars Jones

February 29, 2016

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

What appears to be the single largest money laundering crime in the history of the Philippines is being investigated by financial regulators there, according to local media. Apparently $100 million was introduc...

Money Laundering Probe by U.S. tied to gaming/Western Union says

Kim M

February 22, 2016

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Bahamas, Money Laundering, Costa Rica, Panama, Peru, Dominican Republic, Haiti, Fines, Lawsuits & Litigation, Philippines

A probe by the U.S. tied to possible money laundering is reviewing whether the Western Union Co. was aware of gaming transactions involving other nations, and if the firm had sufficient safeguards against such ...

US$300m tag for casinos outside Manila set by Philippines

Kim M

February 4, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Asian Casino News, Philippines

In order to ensure that world-class properties are in provincial towns and cities, the Philippines is open to locations outside the capital of Manila receiving gambling licenses at a cost of approximately US$30...

MJC Investments opens casino in Manila’s “Greater Chinatown”

Lars Jones

January 7, 2016

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Mergers, Acquisitions & Partnerships, Philippines

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On Wednesday MJC Investments Corp (Manila Jockey Club) announced a ceremonial opening of their new Winford Casino on the ground floor of a 5 star hotel at the site of the former San Lazaro Hippodrome racetrack ...

Philippines NTRC look to impose $75 casino entry fee on Filipino nationals

Renee Kingsley

December 29, 2015

Gaming Law & Legislation, Macau, Taxation, Asian Casino News, Philippines, Singapore

The Philippines government was very eager to encourage foreign gambling establishments to set up new casinos in the country and capitalize on the decline of Macau’s gambling industry. However things haven’t wor...

Scientific Games Corp to supply and maintain the lottery system in the Philippines

Alex Lanter

December 16, 2015

Latest Casino and Gambling News, Lottery, Philippines

American company Scientific Games Corp revealed that it will supply and maintain the electronic lottery system in the Philippines. Sci Games has extended the deal with Pacific Online Systems Corp for another th...

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

Renee Kingsley

December 7, 2015

China, Asian Casino News, Macau, Philippines, Vietnam

The Crown International Games Club in Danang, Vietnam appears to have found the right formula in attracting a regular clientele of VIP gamblers from Mainland China, who once used to frequent Macau’s casinos. ...

International Poker Open Battle of the Nation’s win goes to Team Philippines

Sadonna Price

November 30, 2015

Latest Casino and Gambling News, Poker Tournaments, Poker, Philippines

Late last week the International Poker Open Battle of the Nations was hosted by the Resorts World Manila, seeing poker teams from around the Asia-Pacific region converge to compete for the coveted crown. In the...

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PAGCOR exceeds first-quarter earnings expectations

Soft opening this week for new Philippines casino

Quezon City is site for Razon’s second casino

Bloomberry chairman Razon warns of oversupply in Manila casino market

PAGCOR defends gaming industry amidst money laundering incident

Chinese junket operator in Manila reportedly received $30 million from hacked bank account

Loopholes in anti-money laundering law will be plugged; Philippine Senate vows

$100 million money laundering probe in the Philippines: report

Money Laundering Probe by U.S. tied to gaming/Western Union says

US$300m tag for casinos outside Manila set by Philippines

MJC Investments opens casino in Manila’s “Greater Chinatown”

Philippines NTRC look to impose $75 casino entry fee on Filipino nationals

Scientific Games Corp to supply and maintain the lottery system in the Philippines

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

International Poker Open Battle of the Nation’s win goes to Team Philippines

Queensland Premier Signals Tough Stance on Star Entertainment Amid Financial Crisis

Gambling Commission Issues Warning on Licensed Games Found on Illegal Sites

Flutter Entertainment Considers Joint Bid for Italian Lottery License

China’s Supreme Court Cracks Down on Cross-Border Gambling Syndicates

Unusual Betting Activity Sparks Investigation Into Eastern Michigan Basketball Games