Philippines | World Casino News

Travellers International Hotel Group spending big in Manila

June 13, 2016

Latest Casino and Gambling News, Casino expansion projects, Philippines

Travellers International Hotel Group has announced that it intends to spend up to $216.8 million this year in order to complete construction on the second and third phases of its Resorts World Manila developmen...

Planned Manila casino to target mass market players

Adam Morgan

June 11, 2016

Casino proposals, Latest Casino and Gambling News, Philippines

The Chairman and Chief Executive Officer for Bloomberry Resorts, Enrique Razon, has reportedly revealed that a new casino his firm is planning for the northern suburbs of Manila will aim to target the mass mark...

Graft charges filed against former PAGCOR officials

Kim M

June 6, 2016

Latest Casino and Gambling News, Crime, Philippines

A 2011 complaint filed by the Philippine Swimming League has led to graft charges being filed on Friday by the Philippines’ Office of the Ombudsman against Philippine Amusement and Gaming Corp’s (PAGCOR) former...

Significant growth to be seen by City of Dreams Manila says Ocier

Kim M

May 31, 2016

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Philippines

As the Philippine-based City of Dreams Manila benefits from a full year of operations and gaming promotions, Willy Ocier says the venue is expecting significant growth in 2016. The prospects in 2016 for the ...

Manila Bay Resorts on track to open late this year

Adam Morgan

May 27, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

The first phase of the $2.7 billion Manila Bay Resorts development is on track to open by the end of the year with operator Tiger Resorts Leisure And Entertainment confident about the project’s future, despite ...

Probe into Bangladesh Bank heist ended by Senate

Kim M

May 23, 2016

Latest Casino and Gambling News, Hacking, Money Laundering, Financial Fraud, Fines, Lawsuits & Litigation, Philippines

The investigation into the theft and laundering of approximately $81 million from the bank account of the Bangladesh central bank at the Federal Reserve in New York was ended on Thursday by the Philippine Senat...

Special economic zone in the Philippines seeks to lure casino investors

Kim M

May 20, 2016

Latest Casino and Gambling News, Philippines

The Aurora Special Economic Zone and Freeport Authority (APECO) in the north eastern Philippines is looking to the gaming industry for investment and has begun to offer both land-based and online casino license...

Andrea Domingo appointed new head of PAGCOR

Kim M

May 19, 2016

Latest Casino and Gambling News, Philippines

President-elect Rodrigo Duterte announced on Tuesday that he had selected Andrea Domingo to head the Philippine Amusement and Gaming Corporation (PAGCOR). Domingo, a member of Duterte’s election campaign tea...

Manila Bay Resorts developer secures loan deal

Adam Morgan

May 17, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

As it looks to complete construction of its $2 billion Manila Bay Resorts multi-phase hotel and casino development by the end of the year, Tiger Resort Leisure And Entertainment has secured a $809.9 million loa...

Travellers International reports first-quarter drop in gaming revenues

Adam Morgan

May 16, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

The owner and operator of the giant Resorts World Manila hotel and casino, Travellers International Hotel Group, has announced its financial results for the first three months of 2016 showing a 33.5% decline ye...

AML laws of Philippines to be strengthened after $81M bank heist

Sadonna Price

May 12, 2016

Latest Casino and Gambling News, Money Laundering, Philippines

In February, hackers managed to steal $101 million from bank accounts in New York for account holders located in Bangladesh. $81 million of this amount was transferred to Manila, at a branch of the Rizal Commer...

First-phase of Vietnamese resort casino to offer three hotels

Adam Morgan

May 5, 2016

Latest Casino and Gambling News, Casino proposals, Australia, Hong Kong, Macau, Philippines, South Korea, Vietnam

Macau junket promoter Suncity Group has revealed that the first phase of the casino resort it is building in Vietnam in partnership with asset management firm VinaCapital Group and Gold Yield Enterprises will i...

Cash hacked from Bangladesh bank returned by junket operator

Kim M

May 5, 2016

Latest Casino and Gambling News, Money Laundering, Philippines

Chinese casino boss and junket operator in the Philippines, Kim Wong, has turned over $5 million, in what is believed to be stolen funds, to the Anti-Money Laundering Council. The money is the fourth and fin...

PAGCOR exceeds first-quarter earnings expectations

Adam Morgan

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...

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Travellers International Hotel Group spending big in Manila

Planned Manila casino to target mass market players

Graft charges filed against former PAGCOR officials

Significant growth to be seen by City of Dreams Manila says Ocier

Manila Bay Resorts on track to open late this year

Probe into Bangladesh Bank heist ended by Senate

Special economic zone in the Philippines seeks to lure casino investors

Andrea Domingo appointed new head of PAGCOR

Manila Bay Resorts developer secures loan deal

Travellers International reports first-quarter drop in gaming revenues

AML laws of Philippines to be strengthened after $81M bank heist

First-phase of Vietnamese resort casino to offer three hotels

Cash hacked from Bangladesh bank returned by junket operator

PAGCOR exceeds first-quarter earnings expectations

Soft opening this week for new Philippines casino

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