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Travellers International gets go-ahead for gaming expansion

Travellers International Hotel Group said in a filing that it has obtained the approval of the Philippine Amusement and Gaming Corp (Pagcor) to significantly...

Bloomberry Resorts returns to profit in Q1

Bloomberry Resorts said it returned to a profit in the first quarter as gaming revenue at its Solaire Resorts & Casino jumped 12 fold....

SM Prime to keep Belle Corp separate

SM Prime Holdings has reached a decision not to consolidate Belle Corp, its gaming and development arm, into the group at least for the...

Results cast doubt on more IRs

Annual results from Bloomberry Resorts and Resorts World Manila have cast some doubt about the market’s ability to absorb greater competition, according to an...

Bloomberry Resorts 2013 loss doubles as operating expenses gain

Bloomberry Resorts said its 2013 net loss almost doubled as expenses related to the development of its Solaire Resort & Casino surged. The company...

Bloomberry COO says Solaire has right VIP/mass market mix

Bloomberry President and COO Thomas Arasi said the company’s Solaire casino has achieved the right balance between higher-roller VIPs and mass-market gamblers in its...

Century Properties sues Universal over abandoned deal.

Century Properties Group Inc. filed a civil case before a Makati court against the Okada Group of companies, ultimately owned by Japan’s Universal Entertainment....

Pagcor urges resolution in Okada cases

Philippine Amusement and Gaming Corp. chairman and CEO Cristino Naguiat Jr. has warned in an interview with The Philippine Star that Universal Entertainment’s Manila...

Melco hiring 5,000 for City of Dreams Manila

Melco Crown (Philippines) Resorts Corp. plans to hire 5,000 employees for its City of Dreams Manila integrated casino resort. About two thousand potential applicants...

Kazuo Okada’s Universal Entertainment calls off Century Property deal

Universal Entertainment, run by billionaire Kazuo Okada, has terminated an accord for Century Properties Group to invest in a $2 billion casino project being...

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