Tuesday, February 25, 2020
Home South East Asia Philippines

Philippines

Clark casino hotel breaks ground

  Eagle Sky Corp. broke ground on Hotel Midori Clark, a planned 2 billion peso ($49 million) casino hotel within the Clark Freeport Zone. The...

Agents foil kidnapping of Manila casino financier

  The National Bureau of Investigation foiled the attempted kidnapping of Flor Ty, a casino financier at the Manila Pavillion Casino, after being tipped to...

Melco Philippines begins road show

  Melco Crown (Philippines) Resorts Corp. began a road show to raise up to $377 million through the private placement of new shares. The unit...

Melco Philippines raises $52 million

  Melco Crown (Philippines) Resorts Corp. raised $52 million from the sale of treasury shares and received approval from the Philippine Securities and Exchange Commission...

Philippine Legislators target slots contract

  Congressmen Angelo Palmones and Teddy Casiño called on government-owned Philippine Amusement and Gaming Corp. to cancel a planned contract  to supply paper-based ticket-in/ticket-out technology...

PhilWeb steps up foreign push

  PhilWeb Corp is seeking approval to launch gaming ventures in countries including Thailand, Laos, Myanmar, Nepal, Sri Lanka, Mongolia and Palau. The company is...

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...

TRENDING ARTICLES

Macau government orders two-week closure of all casinos

Chief Executive Ho Iat Seng has announced that all 41 of the territory’s casinos must be shut for a period of at least two...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

Coronavirus live updates: Almost a third of Macau casinos to remain closed

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

SunCity grants employees special leave during casino closure

Macau junket operator SunCity Group is granting its employees special paid leave during the 15-day closure of casinos in Macau, local media reports. SunCity CEO...

Seven Macau hotels have suspended operations

A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...