Saturday, October 24, 2020
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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...

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...

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