Thursday, June 20, 2019
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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...

Philippines spare casinos from tougher money laundering regulations

  Casinos were given a free pass as Congress passed a tougher law against money-laundering, but protected the government’s bid to chase mega-dollars in Asia’s...

MPEL readies for Manila

A 93 percent stake of Philippine based Manchester International Holdings Unlimited Corp. (MIH) is being bought by Melco Crown Entertainment (Nasdaq: MPEL) at USD...

Bodog launches Asia mobile interface

Bodog88.com partnered with ONEworks to develop and launch new smartphone and WAP interfaces for the Asian markets. While smartphone usage is rising in the...

Pagcor estimates $1.08 bln gross revenue in 2013

Cristino L. Naguiat Jr., chairman and chief executive of Philippine Amusement and Gaming Corp. (Pagcor) expects to reach USD $1.08 billion in gross revenue...

Pagcor income tax breaks P1 billion mark in 2012

  The Philippine Amusement and Gaming Corp. (Pagcor), which oversees the casino gaming operations in the Philippines, will pay a total of USD $135 million to...

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Macau solicits tourism tax opinion as visitation concerns mount

Macau’s tourism body is studying whether to impose a tourism tax amidst concern the territory may not be able to handle a sharp increase in visitors as connectivity with the mainland improves.

Nagasaki pushes forward on IR bid policy

Despite the delay in central government policy and criticism from some citizen’s groups, Nagasaki Prefecture is pushing ahead with its IR plans, launching the first meeting of an Experts Committee on Wednesday evening.

Decision to be made soon on gaming commission, new casino policy

The appointment of a gaming commission for Goa’s casino industry and the accompanying new casino policy are now in the final stages of consideration,...

SkyCity’s Queenstown problem unresolved despite land purchase

SKYCITY Ltd has now obtained permission to buy land in Queenstown for a new luxury hotel complex, but is still battling with regulatory issues...

DFNN says hopeful PCSO spat is close to resolution

DFNN said it is hopeful a long-standing legal dispute with the Philippine Charity Sweepstake Office (PCSO) is close to being settled and it will be able to collect the PHP310 million ($5.9 million) in damages that it was awarded by a court.