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Philippine prosecutors clear Kazuo Okada

Philippine prosecutors in Paranaque and Makati cities have dropped all charges filed against Japanese gaming billionaire Kazuo Okada.

Duterte dismisses two Pagcor officials

Two senior Pagcor officials have been fired by President Rodrigo Duterte for their alleged involvement in corrupt activities, according to a report from Philippine...

CEZA positions itself as crypto hub

The Cagayan Economic Zone Authority (CEZA) has signed its first 15 offshore companies to its new fintech solutions and blockchain hub in northern Luzon....

LRWC Q1 profit drops 70 percent

Leisure & Resorts World Corp. said its Q1 profit dropped nearly 70 percent following its divestment from the City of Dreams, non-recognition of deferred tax assets and pre-opening expenses from a planned casino on Boracay.

PLC in talks to acquire shares in Melco PH unit

Premium Leisure Corp is reportedly in “preliminary discussions” with Melco Resorts & Entertainment in order to acquire shares in Melco’s local operating unit which...

Landing PH aiming for regulatory approval in 18H2

Landing International is expecting to obtain regulatory approval for its proposed Paranaque City IR sometime in the second half of the year. “We’ve submitted...

Universal seeks IPO for Tiger, says Manila sales rising

Universal Entertainment said it plans to seek a stock market listing for the company that controls its Okada Manila property within the next two years as it positions for further growth.

Travellers 18Q1 net profit falls due to mass decline

Travellers International Hotel Group, owner and operator of Resorts World Manila, saw its net profit fall 35.2 percent in 18Q1, reaching P444 million (US$8.5...

Hatch Asia plans Q2 stock exchange listing

Hatch Asia plans to file for a listing on the Philippine Stock Exchange in Q2 ahead of a plan to raise capital for further expansion, CEO Kirk Arambulo said.

Bloomberry expects banner year after solid 18Q1

Philippine casino operator, Bloomberry Resorts Corp saw strong earnings growth in the first quarter of 2018, smashing prior records. Net profit increased 71 percent year-on-year,...

TRENDING ARTICLES

Yggdrasil named innovator supplier of the year

Yggdrasil Gaming has been named Innovator Supplier of the Year at the 2018 International Gaming Awards (IGAs), held in London on the eve of...

Wynn CEO to get base salary of $2m in 2018

Wynn Resorts announced details of it employment contract with new CEO Matt Maddox, disclosing that he will receive a base salary of $2 million...

Interblock brings two 25-seat stadiums to Thunderbird Resorts & Casinos

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock has announced the placement of two twenty-five seat Diamond Stadiums within Thunderbird Resorts...

PRIME Philippines in talks for Davao casino

PRIME Philippines says it’s in talks with Davao City Investment Promotion Center for a hotel and casino in the area, local media reports.

Offshore casino in Goa causing traffic problems

An offshore casino operated by M/s Golden Globe Hotels Pvt Ltd has attracted the ire of local commuters, with complaints that the spillover of...