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Okada Manila EBITDA margin improving

Okada Manila’s EBITDA margin appears to be improving on operational changes, table pricing and an improvement in non-gaming amenities.
New Manila Bay

International Entertainment appoints new CFO

International Entertainment said Li Shui Keung ceased to be chief financial officer with effect from Oct. 22.
Department of Finance

DoF wants higher POGO taxes

The Department of Finance in the Philippines has said it will back a proposal for a 5 percent tax hike on the country’s offshore igaming licensees.

Genting Malaysia theme park seen opening in Q3/2020

Genting Malaysia is planning a soft opening of its theme park in Q3, 2020, though the park will be more expensive than anticipated.
Resorts World Catskills

Genting rejects Empire investor’s allegations

Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.

Another POGO shut on tax violations

Altech Innovations Business Outsourcing, a Philippine Offshore Gaming Operator, has been closed down for failure to pay taxes.
Online gamer

Slow progress seen in Asian online gaming regulation

Asian governments are expected to eventually regulate online gaming, though lack of legislation is still a major factor holding back potential.

Travellers to delist on Oct. 21

Travellers International Hotel Group has been given the green light to delist from the Philippine Stock Exchange on Oct. 21 following a tender offer.

Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.
Philweb e-gaming cafe

Philweb Q3 EBITDA best in three years

PhilWeb Corp. said it had its best quarterly performance in EBITDA terms in three years in Q3, helped by its network of e-bingo machines.

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Solaire, Manila

Bloomberry to appeal $296.1m court ruling

Bloomberry Resorts said it will appeal a Singapore court ruling ordering it to pay $296.1 million to the Philippine unit of U.S.-based Global Gaming Asset Management in a long-running dispute over the termination of a management services agreement.

Golden Week visitation met expectations: MGTO

The Macau Government Tourism Office said tourist visitation over Golden Week met expectations, attributed to the inauguration of the Hong Kong-Zhuhai-Macao Bridge and the...

RTG Slots releases T-REXII slot

RTG Slots has announced the release of its latest slot title, T-REXII, a powerful sequel to the hit T-Rex slot.  T-Rex II is a 5x3-reel,...

Melco, MGM, Hard Rock to lead “internationalisation” of gaming brands

Melco, MGM and Hard Rock International will be the leaders in 2020 in a trend towards the internationalisation of gaming brands, Spectrum predicts.

Macau casino exclusions hit 148 in Q3

Macau received a total of 148 exclusion requests in the third quarter, putting exclusions on track for a record high, according to figures from the regulator.