Philippines
More POGOs set to leave the Philippines: Domingo
The Philippine Amusement and Gaming Corporation (PAGCOR) has warned that more gaming firms could close down as a result of stringent tax rules and...
Travellers International posts net income of US$20 million for 2019
Travellers International Hotel Group, the owner and operator of Resorts World Manila, posted a net income of PHP945 million (US$20 million) in 2019, down...
The Emerald Bay to complete construction in 22Q1
PH Resorts Group Holdings says it expects to complete the construction of the first phase of its Mactan Island integrated resort in the first...
Five POGOs have closed in recent weeks
Five Philippine Offshore Casino Operators (POGOs) have closed down due to a difficult business environment caused by the Covid-19, reports Philstar.
The information comes from...
Suncity unit gets green light to focus on tourism
Suncity Group said its Philippine unit has received permission from the Philippine Stock Exchange to amend its primary and secondary purposes to focus on tourism-related activities.
Solaire North delays opening to late 2022/2023
Bloomberry Resorts said it expects its second IR in the Philippines to now open in late 2022, or early 2023, due to construction delays following the Covid-19 pandemic.
Suncity deposits additional US$46 million deposit for Manila project
The Suncity Group Holdings has provided an additional US$46 million deposit, through its Philippines subsidiary Suntrust Home Developers, to Westside City Resort World, a...
Duterte extends Metro Manila, Cebu City lockdown
Philippine President Rodrigo Duterte has placed Metro Manila and Cebu City on lockdown again starting June 16, following a marked rise in coronavirus cases,...
International Entertainment to apply for provisional license for Manila IR
Hong Kong-listed International Entertainment Corporation has announced its intentions to apply for a provisional license to expand and upgrade its current hotel in Manila...
Capacity not demand seen as key issue in casino reopening
The lack of capacity due to social distancing measures will be the key challenge for operators in opening their properties and not the lack of demand, says Angel Sueiro, chief operating officer of PH Resorts.
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Marina Bay Sands begins first stages of reopening
Non-gaming shops at Marina Bay Sands have reopened to Sands Rewards loyalty program members after a two-month closure.
At this point, all other facilities will...
Are we really a nation of gamblers?
The shutdown of gambling venues due to Covid-19 may drive people at-risk of addiction to increased online gambling and harm. For others it might create a relief from the constant access to problematic pokies.
Flexible IR regulation needed for uncertain times
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