Philippines

Former Bureau of Immigration (BI) commissioners Al Argosino and Michael Robles have withdrawn their criminal complaint filed against gaming tycoon Jack Lam.

Philippines pop-star turned government worker Esther Margaux "Mocha" Uson is being investigated for performing in casinos despite a prohibition that restricts government employees from entering gaming venues.

Bitcoin has regularly made the headlines in recent months, its price surging towards the $5,000 mark - four to five times its value at the start of 2017 - predominantly driven by interest in Asia.

 

Bitcoin has regularly made the headlines in recent months, its price surging towards the $5,000 mark - four to five times its value at the start of 2017 - predominantly driven by interest in Asia. It has also emerged as a viable gaming currency, with online operators discovering that users, particularly in Asia’s grey markets, are keen to embrace a currency that is secure and easily deposited and withdrawn.



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Chinese property developer Landing International Development is looking to build a multi-billion dollar theme park in the Philippines.

Filipinos’ well known love for entertainment means the country’s casinos may see significant upside from their non-gaming attractions if they get the mix right, giving Macau a run for its money when it comes to creating a diversified entertainment hub in Asia.

Filipinos’ well known love for entertainment means the country’s casinos may see significant upside from their non-gaming attractions if they get the mix right, giving Macau a run for its money when it comes to creating a diversified entertainment hub in Asia. Morgan Stanley estimates non-gaming may account for 20 percent of what it projects will be a $5 billion market by 2020.



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Casino operator Galaxy Entertainment Group is looking to expand its gaming business to the Philippines, according to industry sources.

A Chinese casino financier has been arrested for illegally detaining a Korean national who failed to settle his debt, local media reports.

Philippines-listed PhilWeb Corp. will be able to operate again after receiving the green light from the Philippine Amusement and Gaming Corp. (Pagcor) to become a service provider, Philstar reports.

The opening of Okada Manila hasn’t cannibalized the gaming revenues of Manila’s integrated resorts, with GGR rising 20 percent, 28 percent and 13 percent quarter-on-quarter in 17Q2, according to a note from Morgan Stanley on Thursday.

The Makati Regional Trial Court has issued a writ of preliminary injunction against the Philippine Charity Sweepstakes Office (PCSO) for allegedly violating Berjaya Philippines Inc’s exclusive right to supply and lease lottery equipment in the Luzon territory.

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