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Justice department backs Okada prosecution

  The Department of Justice recommend prosecutors pursue criminal charges against Universal Entertainment Corp. chairman Kazuo Okada and 25 others for allegedly seeking to circumvent...

Travellers rejigs project priorities

  Travellers International Hotel Group Inc. will prioritize the expansion of its existing Resorts World Manila casino hotel complex near Manila International Airport over the...

Pagcor sends $27 million to government

  Philippine Amusement and Gaming Corp. remitted 1.17 billion pesos ($27 million) to the government in May, up 15 percent from a year earlier thanks...

Okada condo project still a possibility

  In a shareholder meeting, developer Empire East Land Holdings on Wednesday said it was still in discussions with Japan’s Okada on the upscale residential...

Korean casino financier slain in Cebu

  South Korean businessman Yi Sung-jung was killed when his SUV was sprayed with bullets by the passenger on a motorcycle in Mandaue City, Cebu....

Travellers postpones IPO

  Travellers International Hotel Group Inc. has postponed plans for a $500 million initial public offering until later this year amid volatile markets. The company,...

Bloomberry details expansion plan

  Bloomberry Resorts Corp. said it is spending 20.5 billion pesos ($468 million) on its phase "1A" expansion of its Solaire Manila Resort & Casino....

Resom in new Subic resort plan

  South Korea's Resom Resort Inc. plans to invest 20 billion pesos ($465 million) to develop a casino resort complex at Subic Bay (about 100...

PLDT in further PhilWeb share sale

  Philippine Long Distance Telephone Co. sold 93.45 million shares in PhilWeb Corp. back to the company for 1.01 billion pesos ($23.5 million). The sale...

Okada investigation report due

  A three-person investigation team is to submit its report into allegations that Universal Entertainment Corp. paid bribes to advance its Manila Bay Resorts casino...

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Macau casino floor

Mass GGR jumps in Q3, though VIP drops

Gross gambling revenue from the mass market sector rose almost 18 percent in Q3, while VIP play declined 22.5 percent as the slowing Chinese economy held back growth, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

SkyCity convention centre faces significant delay after fire

SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.

Suncity to enter Philippines integrated resort market

Hong Kong-listed Suncity Group Holdings has acquired a controlling stake in a Philippines company involved in developing and managing an upcoming five-star hotel and...
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Donaco seeks restraining orders over investor stakes

Donaco International has asked the Australian Government Takeovers Panel to restrain two shareholders from acquiring, transferring, or divesting their shares in the company.

Paradise Ent reports Q3 results, launches share award scheme

Hong Kong-listed Paradise Entertainment saw its total revenue in 19Q3 decrease 0.5 percent year-on-year to HK$270.9 million, due mainly to a fall in revenue...