Philippines
Int. Entertainment hires advisors to ensure casino compliance
International Entertainment said it has hired various advisers to provide a legal opinion on the operation of casinos and gaming activities and to review the company's internal control policies in order to comply with a guidance letter from the Hong Kong Stock Exchange.
RWM COO showcases 2.0 expansion in video
Resorts World Manila Chief Operating Officer Stephen Reilly has introduced the property's new Grand Wing, which has been under construction for five year in a near ten minute video. The production highlights the health and safety options, as well as the hotels, restaurants and swimming pool facilities.
PAGCOR donates to hospital project, police, red cross
THE Philippine Amusement and Gaming Corporation (PAGCOR) has donated P123.6 million to the state-run Veterans Memorial Medical Center (VMMC) to bankroll a building project.
International Entertainment in talks over IR license details with PAGCOR
International Entertainment said its Marina Square Properties unit is in talks with the Philippine Amusement and Gaming Corp (PAGCOR) over the details for a provisional IR license it received in November and it trying to develop a new operation format with the regulator.
International Entertainment interim revenue down 77.8%, posts loss
Hong Kong-listed International Entertainment said H2 revenue dropped 77.8 percent to HK$35.3 million due to the impact of Covid-19 restrictions, while it swung to a loss of $9.1 million.
Summit Ascent provides loan for Manila hotel and casino
Summit Ascent has made an agreement to loan HK$930 million (US$120 million) to Philippines-listed SunTrust Home Developers for the construction of a hotel and casino development in Entertainment City.
PAGCOR provides shelters for people displaced by volcano
With the Taal Volcano continuing to show signs of possible eruption, the Philippine Amusement and Gaming Corporation (PAGCOR) is providing permanent shelters to less privileged families who have been displaced.
POGOs required to register for AML reporting
Philippine Offshore Gaming Operators (POGOs) have been given one month to register for the electronic reporting system of the Anti Money Laundering Council (AMLC).
Exciting times ahead for JADE as it welcomes new additions to its team
New additions to the Jade team include Jean Rose D. Buenaventura, as Chief Financial Officer; Gary C. Hann, as Vice President - Business Development; and Joseph Del Duca, as Vice President - International Marketing.
PAGCOR unveils villages for displaced locals
The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled PAGCOR Villages, its newest charitable project to safeguard the living condition of locals affected by the eruption of the Taal volcano.
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.