Friday, March 22, 2019
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PGMC to sue over loss of exclusive

  Philippine Gaming and Management Corp., a subsidiary of the Philippine arm (PM:BCOR) of Malaysia's Berjaya Corp., said it plans to sue the Philippine Charity...

Universal acknowledges error in $25 million payment

  Universal Entertainment Corp has concluded that a $25 million payment to a consultant with ties to Philippine gaming regulators was unjustified. The Japanese company...

Ayala not betting on casinos

  Ayala Land Inc., the largest Philippine property developer, has ruled out joining other major local companies pushing into the gambling industry. "We will stay...

Melco in $400 million local share offer

  Melco Crown (Philippines) Resorts Corp. (PH:MCP), the local unit of Macau's Melco Crown Entertainment, has filed with regulators to sell up to 1.2 billion...

Bodog Asia recruits chief operating officer

  Greg Fermont, a veteran of several gambling-related companies in the Philippines, has been recruited to be chief operating officer of Bodog Asia, which has...

Manila Bay complex taking shape

  Belle Corp and Melco Crown Entertainment finalized their joint venture to operate the planned $1 billion Belle Grande Manila Bay casino hotel. The casino...

Police and military charged with murder for gambling massacre

  President Benigno Aquino has ordered an investigation into a mass shooting of a supposed criminal gang after it was discovered that among those killed...

Investors focused on gaming stocks

  Philippine stocks rallied again this week after a sell-off last Monday, with gaming stocks being a particular focus for investors.  It is expected that...

Credit Suisse bullish about The Philippines gaming market

In its new research note entitled “Let the Games Begin”, Credit Suisse declared that it was positive about the prospects of the Philippine gaming...

Bloomberry opens Solaire Manila next month

  Bloomberry Resorts Corp. (BLOOM:PH) is gearing up to open phase one of its USD $1.2 billion Integrated Resort Solaire Manila, on March 16. Located...

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Wynn Resorts hit by record $20 million fine in Las Vegas

The Nevada Gaming Commission has fined Wynn Resorts the record amount of $20 million for its inappropriate handling of sexual misconduct allegations against company...

Two men shot at illegal internet casino in Osaka

A man entered an illegal internet casino in Osaka’s Minami district early Monday morning and immediately opened fire with a revolver, shooting an employee...

IPI sued over human trafficking claims

Saipan casino operator Imperial Pacific is being sued by former construction workers, claiming they were victims of forced labor and human trafficking during their...

Habanero launches 5 Lucky Lions

Premium slots and table games provider Habanero is giving players the chance to unearth riches with its latest offering, 5 Lucky Lions.  The 6x4 slot,...