Monday, August 19, 2019
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Genting New York

Genting defends Empire acquisition

Genting Malaysia has issued a statement defending its proposed acquisition of Empire Resorts saying the combination is in the best interests of both companies’ shareholders.
Suncity-RWM

Suncity opens RWM VIP club

Suncity Group held the soft opening of a new VIP club at Resorts World Manila on August 15.

Duterte backs POGO hubs

President Rodrigo Duterte supports the idea of hubs to contain Philippine Offshore Gaming Operators as long as worker rights are not violated, according to local media reports.
Resorts World Manila

Travellers to delist from Philippine Stock Exchange

Travellers International Hotel Group says it plans to delist its shares from the Philippine Stock Exchange to avoid disclosing its business strategy to competition.
Pagcor

Finance Dept. supports POGO hubs

The Philippines’ Department of Finance supports the creation of two hubs to house Philippine Offshore Gaming Operators, despite misgivings from Beijing that the plan may violate the rights of its workers in the sector, local media reports. 
Resorts World in Manila

Travellers Q2 net halves despite revenue gains

Travellers International Hotel Group posted an almost 52 percent drop in Q2 net profit as costs rose and a one-time gain reported last year wasn’t repeated, though revenue growth was strong.
Kate Chambers

SiGMA, Clarion, team for Manila event

SiGMA Group and Clarion Gaming say they are joining forces to produce a gambling show in Manila in June 2020.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.

Philippines vows to take down illegal POGO recruiters

The Philippines government has promised to crack down on illegal recruiters for Philippine offshore gaming operations (POGOs), said Malacañang on Friday.  Presidential Spokesperson Salvador Panelo...
VIP Room

China statement a warning to junkets: Bernstein

China’s statement on online gambling in Manila could be seen as a warning to junkets and online gaming operations about gambling outside of Macau, Bernstein analysts wrote in a note.

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Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.