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Regions seen as outperformers
Regional casinos in the Philippines are likely to resume their outperformance once the global pandemic eases as infrastructure improves and major projects come online.
Udenna sells oil business stake to raise $80m for Mactan casino
Udenna Group has sold a 25 percent stake in listed oil company Phoenix Petroleum Philippines to raise P4 billion (US$80 million) to help finance...
Udenna gets license to build $300 mln resort in Cebu
Philippines’ Udenna Corp has secured a provisional license to build a US$300 million integrated resort casino in central Philippines, local media reports.
The country’s gaming...
Riskwise says political risk deterred Mactan investors
Riskwise Global Capital said the perceived political risk in the Philippines had deterred potential investors in a $1.4 billion project to build an integrated...
Calata Corp. seeking Pagcor license for Mactan casino
A consortium led by agribusiness Calata Corp says it expects to secure a gaming license from state-run Philippine Amusement and Gaming Corp. by the...
Calata teams up with two companies for Mactan casino complex
Agribusiness company Calata Corp. has teamed up with a US-based investment group and Macau-based gaming operator to create a real estate investment trust for...
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Puducherry government urges blanket ban on online gambling
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Asia Gaming Briefings – Oct 2020 Edition
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IN FOCUS: AUSTRALIA
Reopening pubs, online rethink and reflections on gambling behaviour
The country tackled the first wave of the epidemic with relative success, however,...