Wednesday, July 15, 2020
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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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