Under a three year agreement with gaming regulator, Philippine Amusement and Gaming Corp, the Midas Hotel along Roxas Boulevard in Manila Bay is to start conducting junket operations in a sub-agency agreement with Gurutech Asia Inc.
Genting, a joint partner in Travellers Group along with Andrew Tan's Alliance Global, has announced that it is bullish about continued growth in Manila, with revenues from Travellers Group, which owns Resorts World Manila, climbing 30 percent in the first semester.
Pacific Automated Systems Corp., a Philippine subsidiary of Malaysia's Tanjong Group, sold 34.59 million shares of lottery company Pacific Online Systems Corp., representing a stake of about 12 percent, for 484.3 million pesos ($10.9 million).
Vergel Bico, a newspaper columnist, editor and publisher who frequently wrote about illegal gambling, was killed in Calapan City. Bico riding his motorocycle when he was shot in the head twice by an attacker riding behind the driver of another motorcycle. Bico had told another journalist that he had received threats from government officials and others mentioned in his columns.
Justice Secretary Leila de Lima said investigators are working with "potential witnesses who have implicated Pagcor officials" in their probe of
bribery allegations against Kazuo Okada, chairman of Japan's Universal Entertainment Corp., regarding the company's planned $2 billion Manila Bay Resorts casino hotel complex. She said that Efraim Genuino, former chairman of Philippine Amusement and Gaming Corp., was "among those being investigated".
SBOBET, the Philippine-based online bookmaker, reached agreements to be the Asian betting partner of two additional English Premier clubs, adding Southampton and West Ham United to pacts earlier in the month with Norwich City, Hull City and Swansea City.
Manchester City Football Club announced a two-year deal to make 188BET its official international betting partner. The English Premier League club said 188BET would get a prominent place on the club's Chinese, Malay, Thai and Indonesian websites. "We look forward to working together to help them expand their operations, particularly throughout Southeast Asia," said Tom Glick, chief commercial & operating officer.
PhilWeb Corp. named Anna Bettina Ongpin, daughter of controlling shareholder Roberto Ongpin, to its board, days after Craig Ehrlich, a Hong Kong telecommunications executive, resigned for personal reasons.