Thursday, February 25, 2021
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Suncity signs construction contracts with Megawide for Philippine project

Suncity Group said it has signed two construction agreements worth HK$1 billion with Megawide to develop its integrated resort project in the Philippines.

PAGCOR suspends gaming operations in Manila

The Philippine Amusement and Gaming Corp. said it was suspending all gaming operations in Manila following President Rodrigo Duterte’s decision to put Metro Manila under community quarantine.
Okada Manila

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.

Okada Manila April GGR gains 26 percent

Tiger Resorts & Leisure, the company that operates Okada Manila, said the integrated resort generated a 26 percent gain in gross gaming revenue in April.

Tiger ordered to file amended Manila tender offer

Tiger Resorts & Leisure has been ordered to re-submit its tender offer to minority shareholders in Asiabest Group to disclose factual information about civil and criminal proceedings involving its directors in Hong Kong.

Okada Manila casino revenues hit record; parent raises funds

Universal Entertainment released financial figures showing that casino revenues at Okada Manila reached a record-high PHP2.9 billion ($55.1 million) in November, combined with a record-high EBITDA of almost PHP528 million pesos ($10 million) during the same period.

Philippines GGR gains 23 percent in Q3

Philippine gross gambling revenue gained 23 percent in Q3, with figures for year to September already surpassing 2017’s total, according to figures released by the Philippine Gambling and Amusement Corp (PAGCOR).

Appeals court orders PAGCOR to issue casino license

The Philippine Court of Appeals has upheld a lower court ruling ordering the Philippine Amusement and Gaming Corp. to issue a license for Waterfront Philippines to operate an IR in Manila’s Entertainment City.

Destination as a revenue driver

Okada Manila, owned by Japan’s Universal Entertainment, is the new comer to Entertainment City, holding a soft opening for the resort in late 2016. At 44 hectares, the property is by far the biggest in the complex and the rollout of hotels and other facilities is continuing. At its completion of Phase One, Okada will have 994 hotel rooms and operate 500 tables and about 3,000 slots. Its centrepiece is the world’s largest coloured fountain, as well as a giant inner city beach complex, known as “Cove Manila”. Managing Director Steve Wolstenholme spoke to AGB about the progress of the rollout and his optimism about non-gaming opportunities in the Philippines.

Gaining strength from adversity – Interview with Stephen Reilly, COO RWM

Resorts World Manila (RWM) was the first integrated resort (IR) to open in the Philippines and is the only one not located in Entertainment City, but opposite the country’s primary international airport. The property is currently in the third phase of its expansion, which will consist of a further three hotels, more gaming and other amenities, and is scheduled to be completed by 2018. Chief Operating Officer Stephen Reilly tells AGB about recovery from a deadly attack last year and how the resort fosters a loyal local base. 
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.