Philippines
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...
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...