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Melco Crown PH is world’s best-performing casino stock

Melco Crown Philippines Resorts Corp. is the best-performing casino stock in the world this year. To punters playing baccarat at the company’s City of Dreams venue in Manila, that’s no surprise.

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Philippines Gaming

6/28/2017

article PAGCOR bracing for losses as result of Manila casino attack
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) is preparing itself for significant losses in the month of June as a result of the attack at...

6/25/2017

article Bill amending AMLA to cover casino deals
(Philippines) -- A proposed bill amending the Anti-Money Laundering Act will set P5 million as the threshold for a single casino transaction, a congressional leader said...

6/24/2017

article Proposed Entry Fee at Philippines Casinos Would Suppress Gaming Revenue, PAGCOR Says
(Philippines) -- Casinos in the Philippines might soon begin charging guests PHP3,000 ($61) to enter, as one lawmaker believes an admission fee would help fight problem...

6/22/2017

article Tiger Resort sacks Kazuo Okada as board chairman
(Philippines) -- Japanese billionaire Kazuo Okada has been removed as board chairman of Tiger Resort, Leisure and Entertainment, Inc. (TRLEI), Okada Manila has announced.
article Officials warn against introducing an entrance fee at Philippine casinos
(Philippines) -- Recently, the Representative Rodolfo Albano – a member of the Philippine House of Representatives – presented a bill that would implement an...

6/21/2017

article Lawmaker admits casino gambling
(Philippines) -- A lawmaker has inadvertently admitted to gambling in casinos during a congressional inquiry into the Resorts World Manila incident where a lone gunman...

6/20/2017

article Top Resorts World exec asks lawmakers to allow casino-hotel to resume operations
(Philippines) -- A top executive of the Resorts World Manila (RWM) has asked the government to allow it to operate again after the country’s gaming regulator...

6/19/2017

article Companies up security game after casino attack
(Philippines) -- Gaming firms, establishments in the metropolis have beefed up security measures following the rampage by a lone gunman at integrated gaming resort...

6/18/2017

article P5-M threshold for casinos too high, says AMLC exec
(Philippines) -- A member of the country’s Anti-Money Laundering Council (AMLC) said the P5- million threshold for casinos is too high and should be lowered to...
article Companies up security game after casino attack
(Philippines) -- Gaming firms, establishments in the metropolis have beefed up security measures following the rampage by a lone gunman at integrated gaming resort...

6/17/2017

article Philippines Cracks Down on Problem Gamblers in Wake of Casino Rampage
(Philippines) -- Philippine gaming authorities had alerted all casinos in the country not to allow Jessie Javier Carlos on their properties, just two months before he...

6/16/2017

article PAGCOR opens bidding process
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) is in the search of suitors to create and administrate an intermediation platform for its POGO...

6/15/2017

article PCSO is gaming, not gambling – Balutan
(Philippines) -- THE Philippine Charity Sweepstakes Office (PCSO) reiterated its commitment to responsible gaming to ensure people are protected from the adverse...
article Before attack, gunman thrown out of Resorts World casino
(Philippines) -- A former government employee who set fire to gaming tables and tried to steal millions of pesos in casino chips at Resorts World Manila last June 2 was...
article Resorts World Manila Ready to Reopen, Without Casino Gambling for Now
(Philippines) -- Resorts World Manila is beginning the process of reopening to the public, after a disgruntled gambling addict torched the casino floor and a hotel room...
article 406 gambling addicts banned from PH casinos
(Philippines) -- The Philippine Amusement and Gaming Corporation has banned hundreds of gambling addicts from casinos all over the country to promote responsible gaming.

6/14/2017

article DOT eyes revision of accreditation rules to cover casino complexes
(Philippines) -- INTEGRATED casino resorts are not required to accredit their establishments with the Department of Tourism (DOT). In an interview with the...

6/13/2017

article PEZA agrees to compromise on hosting online gambling
(Philippines) -- The Philippine Economic Zone Authority is not closing its doors completely to online gambling firms wanting to locate in PEZA-accredited buildings and...
article '300 rounds' of gunfire during Resorts World attack
(Philippines) -- Resorts World Manila president Kingson Sian says victims who were hiding – and eventually died of suffocation – likely thought there was...
article Resorts World to 'preserve and defend' casino license
(Philippines) -- The operator of Resorts World Manila said Tuesday it would "preserve and defend" its casino license, which regulators suspended after an arson...

6/11/2017

article Deadly attack casts a dark shadow over future of Philippine casinos that generate $3 billion each year
(Philippines) -- After the deadly arson attack in Resorts World Manila, a dark cloud of doubt has been cast over the emerging gaming hub in the country, that enjoys...
article Manila casinos reel from attack
(Philippines) -- An arson attack by a gunman on a Manila casino has cast doubt over a fledgling gambling centre that enjoys state backing but has stiff regional...
article OP/ED: Gov’t hypocrisy and the attack on Resorts World
(Philippines) -- The deadly incident last June 2 at Resorts World Manila (RWM) trains the spotlight on an appalling hypocrisy that has smeared previous administrations...
article Philippine casinos that rake in $3 billion annually look to get past deadly attack
(Philippines) -- After the deadly arson attack in Resorts World Manila, a dark cloud of doubt has been cast over the emerging gaming hub in the country, that enjoys...
article Police identify Manila casino killer
(Philippines) -- They said he was a Filipino, Jessie Javier Carlos, who had heavy gambling debts, and was not a terrorist. Some gamblers there were injured when they...

6/10/2017

article Autopsy belies claim Resorts World attacker was shot by casino security
(Philippines) -- The police on Thursday belied the claim of Resorts World Manila's management that Jessie Carlos, the gunman who attacked the posh casino hotel last...

6/9/2017

article PAGCOR issues suspension order vs. Resorts World Manila
(Philippines) -- The Philippine Amusement and Gaming Corporation has ordered Resorts World Manila (RWM) to indefinitely stop all its gaming operations in the wake of...
article Philippine gaming regulator suspends Resorts World Manila casino operations
(Philippines) -- Resorts World Manila will not be able to resume casino operations until the Philippine gaming regulator rules on the company's liability for the...
article Proposed casino fees for locals comes back from the grave in Philippine House
(Philippines) -- In what could be described as a knee-jerk reaction to last week’s Resorts World Manila (RWM) casino rampage, Philippine legislators are reviving...
article Solon seeks to impose P3K casino entrance fee
(Philippines) -- Following an attack at Resorts World Manila by a lone gunman that left 38 dead, casino goers may soon pay a P3,000 entrance fee once this bill filed in...

6/8/2017

article Congress to seek authority to license, regulate casinos
(Philippines) -- House Majority Leader Rodolfo Fariñas said Thursday he would file a bill to transfer the power to regulate and grant licenses to casinos to Congress...
article 3 questions answered at House probe into Resorts World attack
(Philippines) -- Lawmakers spent more than 10 hours grilling Resorts World Manila executives and top law enforcement authorities to determine why lone gunman Jessie...
article Families of casino attack victims eye class suit
(Philippines) -- A man holds back tears as he lights candles for victims in an attack at the Resorts World Manila complex, Friday, June 2, 2017, in Manila, Philippines.
article House starts probe on Resorts World attack
(Philippines) -- Three House of Representatives’ panels on Wednesday started a joint legislative inquiry on the alleged security lapses and other failed safety...
article Lawmaker wants P3,000-casino entrance fee after Resorts World attack
(Philippines) -- A lawmaker is pushing for a measure that would require casinos to charge steep entrance fees to deter the poor from gambling.
article PNP body: Resorts World security’s lapses may lead to sanctions, license cancellation
(Philippines) -- There might be probable cause to believe that the Resorts World Manila’s security provider has committed offenses after the deadly June 2 attack...
article Police: DNA test confirms casino gunman's identity
(Philippines) -- The Philippine National Police Crime Laboratory has confirmed the identity of the gunman in a casino attack last Friday based on a DNA laboratory report.
article Editorial: Time for a full review of national gambling policy and casino operations
(Philippines) -- WE are in broad agreement with the House of Representatives that the daring attack and robbery perpetrated against the Resorts World Manila hotel-casino...
article OP/ED: Gambling corrodes character
(Philippines) -- We always hear the saying “Once tasted always wanted.” Although this is still contentious, if we already have an idea that the proven effect...
article OP/ED: Ruin
(Philippines) -- THE major irony is the government through Pagcor now wants to subdue gambling addiction after practically cheering gambling addicts on while they were...
article Seares: RWM attack wasn’t terrorism
(Philippines) -- SURPRISED or even upset that House Speaker Pantaleon Alvarez and National Capital Region police chief Oscar Albayalde cannot agree on whether the June 1...

6/7/2017

article Why steal chips from a casino? Expert explains gambling currency
(Philippines) -- Following last week’s attack at Resorts World Manila in Pasay City, questions on the value of casino chips and why the lone gunman decided to...
article ‘Lax, laxer’: Solons grill casino execs over attack
(Philippines) -- He may have been absent from Wednesday’s hearing, but Pampanga Rep. Aurelio Gonzales Jr., who lost his wife to the Resorts World Manila (RWM)...
article Business continues to bet on PHL’s gambling industry
(Philippines) -- IN the late ’70s the Marcos administration decided to pursue a project that aims to reclaim a portion of the Manila Bay, part of what is now known...

6/6/2017

article Probe on casino attack to focus on security lapses
(Philippines) -- The House of Representatives begins today its investigation into the Resorts World tragedy, expecting to focus on lapses in security and emergency...

6/5/2017

article NCRPO to ask Resorts World security: Why did you abandon 'whole building,' CCTV room?
(Philippines) -- A police official on Monday said security personnel at the Resorts World Manila (RSM) will be questioned for abandoning the building while a lone gunman...
article Police start probe into Resorts World's alleged security lapses
(Philippines) -- OFFICIALS of the Resorts World Manila's security provider on Monday faced the Philippine National Police (PNP) Supervisory Office for Security and...
article Resorts World attacker was ‘rent-tangay’ racket victim, says widow
(Philippines) -- The gunman in the Resorts World Manila attack had engaged in casino financing and fallen victim to the “rent-tangay” racket, according to...
article Pagcor plans to limit number of offshore gaming firms to 50
(Philippines) -- The Philippine Amusement and Gaming Corp. (Pagcor) said yesterday it is planning to initially trim the number of online gambling operators in the...

6/4/2017

article Koko urges PAGCOR, casinos: Help gambling addicts
(Philippines) -- Senate President Aquilino "Koko" Pimentel III on Sunday said the Philippine Amusement and Gaming Corporation (PAGCOR) and gaming centers...
article Q&A With Gaming Veteran Ben Lee: The Philippine Casino Market Is 'Oversaturated'
(Philippines) -- Ben Lee has a reputation for defying Asian gaming’s conventional wisdom. That reputation can obscure Lee’s more important standing as one of...
article Senator pushes for Pagcor to cede casino operator role
(Philippines) -- A lawmaker in the Philippines has submitted a bill to the country’s Senate to amend a Presidential Decree that created the Philippine Amusement...

6/3/2017

article House OKs bill including casinos in AMLA
(Philippines) -- The House of Representatives has approved on third and final reading a bill including casinos in the coverage of the Anti-Money Laundering Law (AMLA)....
article Manila casino attack trouble for Philippines tourism
(Hong Kong) -- A deadly attack at a Manila casino resort on Friday is likely to put a dent in the country's growing tourism industry, experts say.
article Philippines to Probe Casino Security Breach After Deadly Attack
(Philippines) -- Philippine security forces and its gaming regulator will investigate possible security lapses by Resorts World Manila after a gunman set fire to its...
article Philippines’ Rodrigo Duterte Says Casino Attack Wasn’t Terrorism (sub req)
(Philippines) -- President Rodrigo Duterte said Saturday that a gunman’s rampage at a Manila casino that led to a lethal fire wasn’t an act of terrorism...
article Raw CCTV footage of Manila casino attack
(Philippines) -- Video shows the gunman setting fires and shooting security forces in an attack that left at least 37 people dead.
article Security footage reveals methodical gunman in casino attack
(Philippines) -- Security footage shows the man responsible for one of the Philippine capital’s deadliest attacks in years casually exiting a taxi just after...
article Security video shows methodical gunman in casino attack
(Philippines) -- Security footage shows the man responsible for one of the Philippine capital’s deadliest attacks in years casually exiting a taxi just after...
article The Latest: Military rejects IS claim of Manila attack
(Philippines) -- The Latest on the Philippine casino attack (all times local): 11 p.m. The Philippine military has rejected the Islamic State group’s claim of...
article Resorts World offers PHP1-M each for families of victims in casino attack
(Philippines) -- The management of Resorts World Manila assured financial assistance worth PHP1-million for families of the victims of an attack by an unidentified man...

6/2/2017

article A terror attack? Or a robbery gone wrong?
(California) -- Was it terrorism or not? On Friday around 2 a.m., a man described by Philippine government officials as tall, mustachioed and English-speaking entered...
article City of Dreams casino in Manila moving quickly to increase security
(Philippines) -- Lawrence Ho, billionaire owner of the City of Dreams casino resort in Manila, is moving quickly to increase security at his casino/resort, following the...
article IS Operative Identifies Alleged Resorts World Manila Gunman, Says He Targeted Casino (sub req.)
(Philippines) -- The Filipino Islamic State (IS) operative who earlier claimed that the group is responsible for the attack at Resorts World Manila in Pasay, Philippines...
article The Latest: Military rejects IS claim of Manila attack
(Philippines) -- International Game Technology PLC (“IGT”) (NYSE: IGT) today announced that it has completed the previously announced sale of its social...

6/1/2017

article Philippines legislators approve new anti-money laundering rules
(Philippines) -- In the face of stiff lobbying from the gambling industry, federal legislators in the Philippines approved new rules earlier this week aimed at...

5/31/2017

article Philippine Casino Market 'Oversaturated' With Okada Opening: Consultant Ben Lee
(Philippines) -- Ben Lee has a reputation for defying Asian gaming’s conventional wisdom. That reputation can obscure Lee’s more important standing as one of...

5/30/2017

article Congress expands money laundering laws to include casinos
(Philippines) -- Congress on Tuesday approved an amendment to a money laundering law to cover gambling, a move aimed at plugging loopholes that allowed $81 million...

5/29/2017

article Philippines-licensed gambling sites face new casino games tax
(Philippines) -- Philippines-licensed online gambling operators are facing a change in their online casino tax obligations. When the Philippine Amusement and Gaming...

5/28/2017

article Senate seen to approve AMLA amendments by June
(Philippines) -- The Senate may approve this week amendments to the Anti-Money Laundering Act (AMLA) to beat the June deadline imposed by the Asia/Pacific Group on Money...

5/27/2017

article Davao dealmaker expands business from oil to casino
(Philippines) -- Rodrigo Duterte’s ascent to power in the Philippines has motivated a little-known businessman from the president’s province to become one of...
article Dealmaker who bet big on Duterte forges casino-to-oil empire
(Philippines) -- President Duterte’s ascent to power in the Philippines has motivated a little-known businessman from the president’s province to become one...
article Philippine Casinos Will Soon Be Forced to Abide by Anti-Money Laundering Laws
(Philippines) -- Philippine casinos currently operate without much financial oversight from the federal government, but the odds of that changing in the not too distant...

5/26/2017

article PEZA ban won’t affect Pagcor
(Philippines) -- A source close to the situation specified that the decision from the Philippine Economic Zone Authority (PEZA) to ban online gaming operations in its...

5/22/2017

article Casino related real estate firms in the Philippines post banner Q1 results
(Philippines) -- According to disclosures on the Philippines Stock Exchange along with local reports, it looks like the Philippine real estate market is producing well...
article CoD Manila casino riding Chinese visitor wave: Aegis
(Philippines) -- The City of Dreams Manila casino resort (pictured) should benefit from rising numbers of Chinese visitors to the Philippines, said a Friday note from...
article Philippines Making Strides in the Gambling Industry
(Philippines) -- As a clear sign of things changing across the globe for the online gaming industry, one of the most conservative nations in the world, the Philippines,...

5/21/2017

article CoD Manila casino riding Chinese visitor wave: Aegis
(Philippines) -- The City of Dreams Manila casino resort (pictured) should benefit from rising numbers of Chinese visitors to the Philippines, said a Friday note from...

5/19/2017

article Melco Crown PH is world’s best-performing casino stock
(Philippines) -- Melco Crown Philippines Resorts Corp. is the best-performing casino stock in the world this year. To punters playing baccarat at the company’s...

5/18/2017

article Duterte’s gambling policy pulls down LRWC Q1 net income
(Philippines) -- Philippine-listed holding company Leisure and Resorts World Corporation (LRWC) is feeling the pinch of President Rodrigo Duterte’s new online...

5/16/2017

article PHL seen making all the right moves in gaming
(Philippines) -- The Philippines has a long way to go before matching Macau as a gaming and entertainment hub, but analysts said the country is making the right moves in...

5/15/2017

article Philippines to issue new offshore online betting licenses
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) is to introduce a new category of offshore licence for operators intending to offer online...

5/8/2017

article Philippines preps more gambling raids as it cozies up with China
(Philippines) -- The Philippines’ National Bureau of Investigation (NBI) has declared open season against illegal betting operations serving mainland Chinese...
article Philippines to sell PAGCOR-run casinos
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) will no longer operate casinos once this year ends, as the government plans to sell them in...
article Udenna Corp to open a casino on Cebu
(Philippines) -- Philippine Amusement and Gaming Corporation (PAGCOR) has authorised the construction of the first integrated resort outside Manila. Udenna Development...

5/7/2017

article As Philippines joins China to fight illegal gambling, more scrutiny of casinos likely
(Philippines) -- China and the Philippines have joined forces to tackle illegal gambling, part of Beijing's broader campaign to curb illicit capital outflows and a...
article Investors betting big on gambling
(Philippines) -- Local and foreign investors are betting big on gambling – from building sprawling integrated casino resorts to scrambling for small-time lottery...
article Pagcor okays $300-M Cebu casino venture
(Philippines) -- The Philippine Amusement and Gaming Corp. (Pagcor) and Udenna Corp. recently signed a provisional license agreement for what could become the country...

5/5/2017

article $341-M Cebu casino resort gets Pagcor green light
(Philippines) -- The state-owned Philippine Amusement and Gaming Corp. (Pagcor) has granted Udenna Development Corp. —the holding firm for companies engaged in...
article Pagcor nods licence for casino resort in Cebu
(Philippines) -- The Philippine Amusement and Gaming Corp (Pagcor), the country’s gaming regulator, has approved a provisional licence for local firm Udenna Corp...
article Udenna Corp to open a casino on Cebu
(Philippines) -- Philippine Amusement and Gaming Corporation (PAGCOR) has authorised the construction of the first integrated resort outside Manila.

5/4/2017

article Davao businessman secures license to build $300-million casino resort in Cebu
(Philippines) -- DAVAO businessman Dennis Uy has secured a provisional license from the Philippine Amusement and Gaming Corp. (Pagcor) that could become the country...
article Philippines' Udenna to build casino-resort outside capital
(Philippines) -- The Philippines' Udenna Corp said on Thursday it will build a US$300 million integrated casino-resort in central Philippines, the first such outside...
article Udenna Corporation given green light to build $300m casino
(Philippines) -- Casino developer Udenna Corp. has been granted a provisional licence to build a US$300m casino resort on the central Philippines island of Cebu.

5/3/2017

article China's High Rollers Are Phoning In Big Bets to Manila Casinos
(Philippines) -- In a VIP room reserved for high-spending gamblers at City of Dreams Manila casino in the Philippine capital, many of the players are nowhere to be seen...

5/2/2017

article Philippines confirms iGaming ban
(Philippines) -- Online gaming operations are officially banned from the Philippine Economic Zone Authority (PEZA) accredited buildings. The legislation attempt was...

5/1/2017

article Okada mulls Tiger Resort listing in Manila: reports
(Philippines) -- Several Philippine newspapers report – citing comments by Japanese gaming entrepreneur Kazuo Okada (pictured) – that he may seek a listing...

4/29/2017

article Anti-gambling NIR police director denies favoritism
(Philippines) -- Chief Superintendent Renato Gumban, director of the Police Regional Office-18 (Negros Island Region), debunked claims of practicing "favoritism...

4/27/2017

article Belle Corp confirms Manila expansion plans
(Philippines) -- Belle Corp confirmed vice chairman Willy Ocier’s comments on its expansion plans for its project in City of Dreams Manila. During a PSE filing...
article Pagcor increases net incomes during Q1
(Philippines) -- The Philippine Amusement and Gaming Corp (Pagcor) announced that during the first three months of the year they perceived net incomes of US$26.5 million...
article Gambling operator links 2 Cabinet men, retired generals to slay plot
(Philippines) -- Gambling operator Charlie “Atong” Ang on Thursday accused two Cabinet officials and several retired military generals of plotting to kill...

4/26/2017

article Philippines government agency to force online gambling firms out of Manila
(Philippines) -- In the Philippines, the government agency tasked with accrediting buildings for the nation’s numerous special economic zones has reportedly...
article Philippines Online Gaming Operators No Longer Welcomed Inside State-Sponsored Economic Zones
(Philippines) -- Philippines online gambling companies that are currently occupying millions of square feet of office space in the country’s state-sponsored...

4/24/2017

article Philippines bans online gaming firms
(Philippines) -- Authorities in the Philippines have today banned online gaming firms from operating in any of the accredited sites across the country, according to...
article Philippines steps up i-gaming prohibition
(Philippines) -- The Philippine Economic Zone Authority is banning online gaming firms from operating anywhere within its accredited locations across the country...

4/23/2017

article PEZA to kick out online gambling operators in accredited buildings
(Philippines) -- Philippine Economic Zone Authority (PEZA) Director General Charito Plaza wants no online gambling operations inside its accredited building nationwide....

4/9/2017

article PNP nabs 6,531 illegal gamblers
(Philippines) -- THE Philippine National Police (PNP) arrested 6,531 persons for illegal gambling as authorities pressed a nationwide vice crackdown.

3/30/2017

article Gaming the correct way
(Philippines) -- AT a recent discussion with Widus Hotel & Casino Vice President David Lawrence, he shares how Widus is a premier destination for leisure and how the...

3/26/2017

article VACC not giving up yet on Army navy club case
(Philippines) -- An anticrime group has maintained that its legal fight against the construction of a boutique hotel and gaming facility on the historic Army Navy Club...

3/25/2017

article CDO archbishop says no to new casino
(Philippines) -- Cagayan de Oro Archbishop Antonio Ledesma opposed over the weekend the reported plan by Limketkai Sons Inc. to build a new gaming site in its commercial...

3/21/2017

article Philippine casino investors scared away by President Duterte’s heavy hand
(Philippines) -- After taking on the role as president of the Philippines in 2016, Rodrigo Duterte quickly began to make changes to the gambling industry of the country...
article Philippines freezes gaming license issuances in Manila
(Philippines) -- The Philippines will not issue any more gaming licenses in the capital for five years after the industry regulator heeded oversupply concerns among...
article Pagcor okays $500-million Mactan casino
(Philippines) -- The Philippine Amusement and Gaming Corp. (Pagcor) has approved the license for Lapu-Lapu City Casino, a $500- million integrated resort to be located...
article Philippines approves $500-mln mega-casino project, first outside the capital
(Philippines) -- The Philippine gaming regulator has approved a $500-million project for an integrated casino resort in the central island of Cebu, the first mega-casino...

3/20/2017

article Philippines casino industry to grow: Razon
(Philippines) -- Enrique Razon, chairman and chief executive of Asian casino operator Bloomberry Resorts Corp, says the prospects for the casino sector in the...

3/19/2017

article Bloomberry Exec. says Philippines may surpass Singapore in casino gaming
(Philippines) -- An improvement in tourism numbers as well as infrastructure within the Philippines may give the country an opportunity to see their casino sector...

3/17/2017

article ‘Political risks’ expected to delay Cebu casino
(Philippines) -- A group of potential investors in the US$1.4-billion casino project on the Philippine island of Cebu has dropped out due to “perceived political...

3/15/2017

article PNoy, other ex-execs accused of benefiting from pork, gambling; Saycon gives 'evidence' to Aguirre
(Philippines) -- Former President Benigno Aquino III and other officials during his administration mostly from the Liberal Party (LP) benefited from corrupt activities...

3/14/2017

article PAGCOR could lose part of its authority
(Philippines) -- The Anti-Trapo Movement of the Philippines (ATM), an advocacy non-governmental organisation, introduced to the national Supreme Court a petition to...
article PAGCOR chair Andrea Domingo to keynote inaugural ASEAN Gaming Summit
(Philippines) -- There’s no denying that the Philippines’ thriving gambling industry has seen a lot of changes in the last couple of months. The local...

3/13/2017

article Group seeks stop to online gaming
(Philippines) -- A CIVIL society group has asked the Supreme Court to stop the Philippine Amusement and Gaming Corp. from granting licenses for online gaming operations...
article SC asked to stop Pagcor from issuing online gaming licenses
(Philippines) -- An advocacy group on Monday asked the Supreme Court to stop the Philippine Amusement and Gaming Corporation (Pagcor) from issuing online gaming licenses.

3/12/2017

article Jack Lam victim of extortion try: Philippine Senate
(Philippines) -- A Philippine Senate committee has said Chinese gaming entrepreneur Jack Lam Yin Lok was a victim of “extortion” rather than an instigator of...
article Philippine court rules on casino staff tussle: report
(Philippines) -- The Philippine Court of Appeals has reportedly ordered Melco Crown (Philippines) Resorts Corp – operator of the City of Dreams Manila casino...

3/11/2017

article Domingo defends P2.34-million advance rental fee to casino operator
(Philippines) -- Philippine Amusement and Gaming Corporation (Pagcor) Chairman Andrea Domingo has upheld the legality of the P234-million advance rental fees paid to the...

3/9/2017

article Extortion raps poised over sacked BI execs
(Philippines) -- SEN. Richard Gordon yesterday said he would recommend extortion charges against former Immigration commissioners Al Argosino and Michael Robles but...

3/8/2017

article Cagayan de Oro casino proposal ignites interest
(Philippines) -- Plans for a proposed casino in the city of Cagayan de Oro in the Philippines are sparking interests beyond those of Limketkai and Sons Inc., said City...
article Philippine AML rules remain sketchy despite 2016 heist, US says
(Philippines) -- Almost a year has passed since the news of the $81 million Bangladeshi bank heist broke out, and yet the Philippines has yet to make progress in its...
article PhilWeb to acquire 15 PAGCOR e-Games stations
(Philippines) -- PHILWEB Corp. will acquire 15 Internet cafes dedicated to casino games from independent operators using 7.5 million shares currently kept in treasury....

3/5/2017

article US tags PHL as ‘major’ dirty money site
(Philippines) -- Joining the Philippines are 87 other economies considered major money laundering hubs under the International Narcotics Control Strategy Report, Money...

2/27/2017

article Why Manila Is The Next Luxury Hot Spot
(Philippines) -- When it comes to major Asian metropolises, Manila tends to get overshadowed as a luxury travel destination. The competition is fierce. In Euromonitor...

2/26/2017

article SunCity Group restructuring Philippine online gambling ops?
(Philippines) -- Leading casino junket operator SunCity Group appears to be restructuring its Philippine online gambling operations in response to the country’s...
article ‘Gambling activities got half of subsidies for arts and recreation sector’
(Philippines) -- More than half of government subsidies for the arts and recreation sector went to gambling and betting activities, according to the Philippine...

2/25/2017

article P7-B hotel-casino rises in Greater Chinatown
(Philippines) -- This year of the Fire Rooster is said to be an auspicious year for gaming. To take advantage of this, publicly listed MJC Investments Corp. (MJIC)...

2/19/2017

article Thurderbird expands casino operation in Poro Point
(Philippines) -- Thunderbird Resorts Philippines, the local franchise of the international hospitality and casino operator, has expanded its casino here, as it hopes to...

2/17/2017

article Japanese Billionaire Plans to Transform Philippines to Become China's Hawaii
(Philippines) -- A gambling tycoon wants to transform the Philippines into a country of leisure and entertainment resort for wealthy citizens of nearby nations.
article Stay away from casinos, government employees urged
(Philippines) -- GOVERNMENT officials and employees were enjoined to strictly comply with the prohibition from entering, staying or playing at casino joints.

2/16/2017

article Jack Lam won’t be back in PH soon, says lawyer
(Philippines) -- Macau-based gambling tycoon Jack Lam won’t be back in the Philippines soon, his lawyer said Thursday. “It is the consensus of Mr. Lam’...
article Jack Lam’s alleged bagman Wally Sombrero makes no friends at Senate hearing
(Philippines) -- Former Philippine police superintendent Wally Sombrero drew the ire of a Senate committee investigating his alleged role as a bagman for gaming operator...
article THE MANY HATS AND TIES OF WALLY SOMBERO | From police officer to poker master to alleged bribe-giver
(Philippines) -- For many, retirement means either slowing down or stopping work because of old age. But not for Wenceslao “Wally” Azarcon Sombero. When he...
article Was Fontana raid meant to favor 'crony' in online gambling?
(Philippines) -- Senator Antonio Trillanes IV on Thursday raised the question of whether the November 2016 raid and arrest of 1,316 Chinese workers at Fontana Leisure...
article ‘Ex-BI exec demanded P100M goodwill money’
(Philippines) -- SELF-confessed gambling expert Wally Sombero claimed that former Bureau of Immigration (BI) deputy commissioner Al Argosino had demanded P100 million in...
article Activists ask court to block construction of Manila Army and Navy Club casino
(Philippines) -- A local action group has asked the Philippines Court of Appeals to issue a temporary restraining order against government agencies and private...

2/14/2017

article Japanese Billionaire Plans to Transform Philippines into “The Next Hawaii”
(Philippines) -- Billionaire Kazuo Okada, whose net worth stands at $2.4 billion currently, intends to transform the Philippines (EPHE) (PIE) into “the next Hawaii...

2/13/2017

article Duterte announces order to combat illegal gambling
(Philippines) -- Philippine president Rodrigo Duterte has ordered the country’s law enforcement agencies to intensify the fight against illegal gambling. The...

2/12/2017

article Dela Rosa declares war on illegal gambling
(Philippines) -- The Philippine National Police’s anti-drug campaign “Oplan Double Barrel Alpha” is taking a backseat as the police shift their focus...
article Gaming industry seen expanding outside of Entertainment City
(Philippines) -- The Philippine gaming industry is seen expanding outside the 100-hectare Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor) in...
article Okada Manila pushes back grand opening to end of March
(Philippines) -- Gaming tycoon Kazuo Okada’s new casino resort Okada Manila is facing yet another delay.
article Rody to fire officials who coddle gambling lords
(Philippines) -- President Duterte would not hesitate to dismiss or order the filing of cases against officials who protect gambling lords or use his anti-illegal...

2/11/2017

article Philippines to Plug Money Laundering Holes in Casino Sector
(Philippines) -- The Philippines is pushing ahead with plans to tighten anti-money laundering (AML) controls in its casino sector.

2/10/2017

article Duterte orders war on illegal gambling
(Philippines) -- Following the war against illegal drugs, President Rodrigo Duterte has ordered law enforcement and government agencies to curb illegal gambling.
article Duterte targets illegal gambling in the Philippines
(Philippines) -- Philippine President Rodrigo Duterte is cracking down on illegal gambling as he continues to press forward with a nationwide anti-drug campaign that...
article EO issued to strengthen
(Philippines) -- PRESIDENT Rodrigo R. Duterte has signed Executive Order (EO) No. 13 aimed at strengthening his administration’s crackdown on illegal gambling,...
article Philippine President Introduces Clearer Illegal Online Gambling Definition
(Philippines) -- After the massive crackdown on drugs, Philippine President Rodrigo Duterte has now set eyes on illegal online gambling. The Southeast Asian country...
article Philippines mulls seizing Jack Lam casino assets
(Philippines) -- The Philippine government is considering applying via the courts to seize casino assets held by Chinese businessman Jack Lam Yin Lok in that country.

2/9/2017

article Church opposes local business’ plan for casino in Cagayan de Oro
(Philippines) -- A plan by local business, Limketkai Sons Inc., for the creation of a casino within the company’s commercial complex located in the city of Cagayan...
article Aguirre eyes sequestration of Jack Lam’s casino assets
(Philippines) -- THE government is mulling over sequestration proceedings against Macau-based gaming tycoon Jack Lam’s casino assets at the Cagayan Economic Zone...
article Alleged bagman in BI payoff scandal again no-show at Senate
(Philippines) -- RETIRED POLICE senior superintendent Wenceslao “Wally” A. Sombero could have his passport revoked, as he would be facing contempt for again...

2/8/2017

article Argosino demanded P50-m bribe—Sombero
(Philippines) -- Retired police Supt. Wally Sombero disclosed on Wednesday that former Bureau of Immigration deputy commissioner Al Argosino demanded “five folders...

2/7/2017

article Crackdown on illegal gambling in the Philippines now underway
(Philippines) -- An apparent crackdown on illegal gambling in the Philippines is now underway as the Philippine Charity Sweepstakes Office (PCSO) is in discussions with...
article Money straps key to Jack Lam deposits
(Philippines) -- Check the bank currency straps on the P50-million bribe to the two Immigration commissioners. Those paper straps would lead to Jack Lam’s bank...

2/6/2017

article Frontier Capital’s ‘aggressive expansion’ dream ends after Clark casino closes
(Philippines) -- Failure to settle its remaining escrow has caused the demise of another casino in the Clark Freeport Zone in the Philippines, local media has reported.
article Pagcor closes Casablanca casino in Clark: reports
(Philippines) -- The Philippine Amusement and Gaming Corp (Pagcor) – the casino regulator in the country – has reportedly ordered the closure of the...

2/5/2017

article Philippines Government Directing Police to Rid Country of Illegal Gambling
(Philippines) -- The Philippines government has been going back and forth on gambling ever since President Rodrigo Duterte took the country’s highest office last...

2/3/2017

article NBI-PNP probe links syndicate getting casino payola to Ji’s death
(Philippines) -- The joint team of the National Bureau of Investigation (NBI) and the Philippine National Police (PNP) is now investigating a big syndicate in the NBI...
article Philippine casino GGR to rise 4% in 2017: analyst
(Philippines) -- Philippine casino gross gaming revenue will grow by as much as 4 percent this year as new roads in the country’s capital will make the island...

2/2/2017

article PCSO, PNP to set up task force against illegal gambling
(Philippines) -- The Philippine Charity Sweepstakes Office is now in talks with the Philippine National Police to come up with a comprehensive plan to eliminate illegal...

1/29/2017

article Aguirre knew of illegal gambling at Lam’s Fontana—Trillanes
(Philippines) -- Senator Antonio Trillanes IV on Sunday alleged that Justice Secretary Vitaliano Aguirre knew of the illegal gambling operations of Macau-based...

1/26/2017

article Despite online gaming crackdown– or because of it–casinos booming
(Philippines) -- When President Duterte assumed power in mid-2016, the prospects for the Philippine gaming industry looked uncertain. Within weeks of taking the reins of...

1/24/2017

article PNP admits fewer operations vs illegal gambling
(Philippines) -- The Philippine National Police admitted in a Senate hearing on Tuesday that anti-illegal gambling police operations have declined because of the shift...
article War on gambling: PCSO gets more small town lottery operators
(Philippines) -- The Philippine Charity Sweepstakes Office on Tuesday announced it has increased the number of small town lottery operators from 18 to 56 in a bid to...

1/23/2017

article Ignacio: Tycoon Jack Lam owes PAGCOR P 13.9 billion
(Philippines) -- Philippine Gaming Corporation (PAGCOR) Vice President Arnel Ignacio estimates gambling tycoon Jack Lam owes the Philippine government P 13.9 billion in...

1/19/2017

article Philippines Deports First Group of Chinese Illegal iGaming Workers
(Philippines) -- Officials from the Philippines’ Bureau of Immigration have confirmed that the country has begun deporting the Chinese citizens who were detained...

1/18/2017

article Over 100 Chinese nationals in alleged illegal gambling deported
(Philippines) -- More than 100 Chinese nationals working for businessman Jack Lam's alleged illegal online gambling operations in Clark, Pampanga have been deported...

1/15/2017

article Tax losses from small-town lottery probed
(Philippines) -- The government will investigate the loopholes in the operations of Philippine Charity Sweepstakes Office’s small-town lottery to stop the billions...

1/14/2017

article Duterte’s next target: Illegal gambling
(Philippines) -- President Rodrigo Duterte’s Task Force on Illegal Gambling is taking center stage in his war on crime this month, with sweeping changes in the...
article DOJ to lead task force vs illegal online gaming, STL anomalies
(Philippines) -- The Department of Justice (DOJ) on Sunday said it will lead the task force that would crack down on illegal online gaming casinos and will also go after...

1/12/2017

article Probe Jack Lam’s tax liabilities, BIR urged
(Philippines) -- The Department of Justice (DOJ) has called on the Bureau of Internal Revenue (BIR) to conduct a probe of tax liabilities of Chinese gambling magnate...

1/8/2017

article Tokhang to be applied vs illegal gambling
(Philippines) -- Oplan Tokhang is branching out, from prohibited drugs to illegal gambling. Interior and Local Government Secretary Ismael Sueno has ordered the...
article OP/ED | Allan: The city officials that support gambling
(Philippines) -- IN 2009, the city council passed resolution number 121 enjoining the Honorable Mayor Reinaldo A. Bautista Jr to consider denying business permit...

1/7/2017

article The billionaire who wants to create the ‘kawaii’ feeling–in a casino
(Philippines) -- The man whom subordinates call “The Chairman” sat on a pink high-backed chair in the middle of a quiet atrium of the lobby of Okada Manila,...

1/5/2017

article Interpol led bust of Jack Lam’s Philippine online gambling ops
(Philippines) -- Last November’s arrests of 1,316 Chinese nationals working at Jack Lam’s illegal online gambling operation in the Philippines were part of a...

1/3/2017

article Online gambling may be Duterte's next target
(Philippines) -- Online gambling companies in the Philippines are suffering in the stock market after President Rodrigo Duterte said that he plans to shutter the...

1/2/2017

article Rody allows Jack Lam to return, on 3 conditions
(Philippines) -- President Duterte is allowing Chinese casino mogul Jack Lam to return and continue his businesses in the country after earlier ordering his arrest and...
article Sangil: There’s no business like casino business
(Philippines) -- MONEY. Big money. At any given day a gambling casino in the entertainment complex in Pasay City gets a gross net of around P100 million, according to a...

12/28/2016

article Japanese casino tycoon wants to make Philippines 'next Hawaii'
(Philippines) -- Japanese gambling tycoon Kazuo Okada, who is opening a new $2.4 billion casino resort in Manila, said Wednesday he hoped to make the Philippines "...
article Okada casino secures license, to operate Friday
(Philippines) -- The $2.4-billion Okada Manila is set to officially open on Friday after securing a provisional casino license from state gaming firm Philippine...

12/27/2016

article Lam’s online casino still cannot operate—Aguirre
(Philippines) -- JUSTICE Secretary Vitaliano Aguirre II on Tuesday clarified the online gambling outlets of Chinese tycoon in his Fontana Leisure Park and Casino in...
article Pagcor to bid out online gaming contracts
(Philippines) -- The state-owned gaming regulator Philippine Amusement and Gaming Corp. (Pagcor) will bid out the service contract for its online gaming operations,...
article Philippine online gaming industry still unsure where it stands
(Philippines) -- Online gambling technology provider PhilWeb’s hopes of acquiring a new gaming license in the Philippines have hit a major snag. On Tuesday,...
article PhilWeb to face bidding process to get back e-Games operations
(Philippines) -- PHILWEB Corp. may have to go through competitive bidding before it can operate again the e-Games network of the Philippine Amusement and Gaming Corp. (...

12/26/2016

article Ceza open to scrutiny on online gaming operations
(Philippines) -- The Cagayan Economic Zone Authority (Ceza) announced it is opening its books of accounts and operations to a government investigating team led by...
article Pagcor expediting process for new e-Games licence
(Philippines) -- The Philippines casino regulator, the Philippine Amusement and Gaming Corp (Pagcor), says it is “expediting the procurement process” for a...
article ‘Online gambling in Bataan legal’
(Philippines) -- Bataan Gov. Abet Garcia has clarified that online gambling is allowed in the province by virtue of the mandate given to the Authority of Freeport Area...

12/25/2016

article GEN HK taps Manila’s outbound casino cruise market
(Philippines) -- Casino cruise ship operator Genting Hong Kong Ltd has announced it will for the first time use Manila in the Philippines as a home port for its...

12/24/2016

article Moro ex-rebels laud Duterte anti-online gambling drive
(Philippines) -- The Philippines’ one-time largest Moro rebel group expressed support Saturday for President Rodrigo Duterte’s declaration on banning online...
article PAGCOR licensees safe from Philippine online crackdown
(Philippines) -- The Philippines gaming regulator has clarified President Rodrigo Duterte’s comments regarding his wish to curtail online gambling activity.
article Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’
(Philippines) -- Yesterday, the Philippine Amusement and Gaming Corp. (Pagcor) walked back a statement from the country’s president that indicated all online...
article Closure order lifted on Lam’s Fontana
(Philippines) -- The state-owned Clark Development Corp. (CDC) has lifted its closure order on Fontana Leisure Park here, as thousands of its workers reported for work...
article Gaming tycoon Jack Lam faces anti-dummy complaint
(Philippines) -- AN anti-crime group filed on Friday an anti-dummy complaint against Chinese gaming tycoon Jack Lam before the Department of Justice (DoJ).

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