Philippines
Alliance Global announces US$4.4 billion capex
Alliance Global Group Inc on Tuesday announced it is planning to spend P240 billion (US$4.4 billion) over three years to ensure its “organic growth”....
Pagcor adds gaming workers to casino exclusion database
The Philippines gaming regulator has released a memorandum announcing that all gaming workers holding a “Gaming Employment License” (GEL) will be prohibited from playing...
ABG stresses regularity of Tiger takeover
Asiabest Group said the recent takeover accord reached with shareholders of Tiger Resort & Entertainment was duly authorized by the company and by its Japanese parent Universal Entertainment.
DFNN signs joint venture with Singapore tech firm
Philippine-listed DFNN, which runs the Instawin e-casino product, said it has reached a joint venture with CYG Pte, a Singapore-based software and technology center.
Universal Entertainment makes move toward Japan IR market
Philippines-based Tiger Resort Leisure and Entertainment, operator of Okada Manila and a unit of the Universal Entertainment Corporation, will open an office in Tokyo with the aim of entering the domestic IR race.
Asian Gaming Networking Social a roaring success
Dubbed the “Typhoon Party”, last Friday’s Asian Gaming Networking Social was our most successful social event to date, bringing over 200 people.
While there were...
MRP formalizes request to delist from PSE
MCO (Philippines) Investments, a wholly-owned subsidiary of Melco Resorts, confirmed on Friday its intention to acquire the remaining listed shares of its subsidiary, Melco...
CEO face time needed to improve customer experience
By Sudhir H. Kalé, Ph.D.*
In my visits to casino properties in Macau, Philippines, and Singapore, I find that top executives are ensconced out of...
Universal unit seeks backdoor listing in the Philippines
Universal Entertainment’s Philippine unit, the operator of the Okada Manila, is planning a backdoor listing through the takeover of Manila-traded Asiabest Group (ABG).
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Pachinko parlors face energy crunch in Hokkaido
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Melco facing near term headwinds, but undervalued
While Melco has been experiencing weaker than expected ramp up at City of Dreams and Studio City, Bernstein analysts believe the stock to be...
MGTO calls for halt on tour groups
The Macau government Tourism Office has called for a halt on all tour groups to Macau until the post-Typhoon restoration work is completed.
The...
Will Asia join the U.S. sports betting gold rush?
*By John English
Four months after the U.S. Supreme Court repealed a federal law limiting sports betting to just four states, there has been a...
