Philippines
Slow progress seen in Asian online gaming regulation
Asian governments are expected to eventually regulate online gaming, though lack of legislation is still a major factor holding back potential.
Travellers to delist on Oct. 21
Travellers International Hotel Group has been given the green light to delist from the Philippine Stock Exchange on Oct. 21 following a tender offer.
Philweb Q3 EBITDA best in three years
PhilWeb Corp. said it had its best quarterly performance in EBITDA terms in three years in Q3, helped by its network of e-bingo machines.
Melco gets Philippines sustainability award
Melco Resorts & Entertainment said it has been recognised by the 2019 Sustainable Business Awards Philippines for its performance on energy management and employee development.
Okada Sept. GGR jumps 29.5%
Okada Manila saw gross gambling revenue rise 29.5 percent in September, with strong gains from both the VIP and mass market segment.
Philippines looking to expand cruise tourism industry
The Philippines, which is home to more than 7,600 islands, is aiming to ramp up its cruise tourism industry, Business Times reports.The country has...
Close to 200 illegal POGO firms shut down amid crackdown
The Philippines Gaming regulator says that nearly 200 “fly-by-night” Philippine Offshore Gaming Operators (POGOs) have been shut down in the last few months, local...
G2E Asia Philippines debuts in December
G2E Asia @ the Philippines, the newest addition to the Global Gaming Expo (G2E) Asia series of events, makes its official debut December 3-4,...
Pagcor urged to issue GEL ID cards for POGO employees
The vice-chairman of the House Committee on Games and Amusements has urged the gaming regulator to issue gaming employment license (GEL) cards to all...
Delinquent POGOs owe PHP21.62b
Philippine Offshore Gaming Operators (POGOs) owe about PHP21.62 billion ($417 million) in taxes and the pace of collection is still slow, according to local media reports.
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Mass GGR jumps in Q3, though VIP drops
Gross gambling revenue from the mass market sector rose almost 18 percent in Q3, while VIP play declined 22.5 percent as the slowing Chinese economy held back growth, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).
SkyCity convention centre faces significant delay after fire
SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.
Suncity to enter Philippines integrated resort market
Hong Kong-listed Suncity Group Holdings has acquired a controlling stake in a Philippines company involved in developing and managing an upcoming five-star hotel and...
Donaco seeks restraining orders over investor stakes
Donaco International has asked the Australian Government Takeovers Panel to restrain two shareholders from acquiring, transferring, or divesting their shares in the company.
Paradise Ent reports Q3 results, launches share award scheme
Hong Kong-listed Paradise Entertainment saw its total revenue in 19Q3 decrease 0.5 percent year-on-year to HK$270.9 million, due mainly to a fall in revenue...
