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16 foreigners face charges in the Philippines following Cebu POGO raid

The Philippine National Bureau of Investigation (NBI) has filed charges against 16 foreign nationals following a raid in Cebu. The Central Visayas office of the NBI charged the individuals with qualified human trafficking after raiding a suspected Philippine Offshore Gaming Operator (POGO) hub in Barangay Agus, Lapu-Lapu City.

The Star appoints former Crown COO Mark Mackay as CEO for The Star Gold Coast

Australian gaming operator The Star has appointed former Crown Resorts COO Mark Mackay as its Chief Executive Officer of The Star Gold Coast, effective from Tuesday.

Wynn Las Vegas pays record fine over unlicensed money transmitting business

Wynn Resorts has announced that it has reached an agreement with the United States Department of Justice (DOJ) to pay the largest penalty ever by a Nevada gaming company: $130.13 million.

Five-day mandated closure of SkyCity Auckland casino commences

SkyCity’s Auckland casino has officially commenced the five-day closure period of its casino, as mandated by New Zealand’s Department of Internal Affairs.

The Star to sell Treasury Brisbane Casino building for $45.5M

Australian gaming operator The Star Entertainment Group has announced that is subsidiary in Queensland has reached an agreement to sell its leasehold on the Treasury Brisbane Casino building for $45.5 million.

75 Chinese POGO employees deported from the Philippines

The Presidential Anti-Organized Crime Commission deported 75 Chinese nationals after discovering they were employed at an illegal Philippine Offshore Gaming Operator (POGO) hub in Pasay City.

Universal Entertainment completes early redemption of $760M notes

Japanese conglomerate Universal Entertainment Corp, the parent company of Okada Manila, has completed the early redemption of overseas privately placed notes valued at $760 million.

Creditors of IPI continue to oppose sale price of casino property

The unsecured creditors of Imperial Pacific International continue opposed to the bid price for the sale of the casino property, filing an opposition to IPI’s motion to approve the bid price of $10 million.

No report yet on displaced POGO workers: Labor Secretary

No report on displaced Philippine Offshore Gaming Operator (POGO) workers has yet been received by the nation’s Department of Labor and Employment, according to the Labor Secretary.

AGEM Index increased by 5.5 percent m-o-m in August

The AGEM Index marked August with a high note, rising by 5.5 percent from the prior month. Compared to one year ago, the index was up by 35.7 percent.