|
Packer signs deal to expand into Philippines
Crown Ltd chairman James Packer and gambling tycoon Lawrence Ho have entered a joint venture with the Philippines' richest family in a deal that will see the expansion of Mr Packer's empire into the Asian nation, according to a report by The Australian Financial Review.  Manila Casino6/10/2013
article
Okada casino payment allegations: report this month
(Philippines) -- A seven-month inquiry by Philippines officials into allegations a Kazuo Okada-controlled firm paid US$5 million (40 million patacas) to a consultant...
6/9/2013
article
Casino probe results soon
(Philippines) -- Department of Justice investigators were expected to submit at the end of the month results of investigation on reports that an international gambling...
5/31/2013
article
Pagcor: Okada should settle land issues for casino project
(Philippines) -- Philippine Amusement and Gaming Corp. (Pagcor) says Japanese gambling tycoon Kazuo Okada needs to resolve land ownership issues to proceed with his...
5/29/2013
article
Okada talks over — Robinsons
(Philippines) -- Robinsons Land Corp., the property unit of business tycoon John Gokongwei, said Wednesday it has ended talks with Kazuo Okada’s Universal...
article
Robinsons confirms no deal with Universal on Manila casino
(Philippines) -- Philippine property firm Robinsons Land Corp confirmed on Wednesday it has ended talks with Japan's Universal Entertainment Corp, without a deal to...
article
Robinsons, Okada call off deal for P41-billion casino project
(Philippines) -- Robinsons Land Corp. (RLC) and Japanese gaming magnate Kazuo Okada have called off their deal to develop a $1-billion (P41-billion) resort and casino at...
5/28/2013
article
No casino deal with Okada group - Gokongwei
(Philippines) -- The Gokongwei group is not pushing through with plans to partner with controversial Japanese pachinko billionaire Kazuo Okada for the casino project in...
article
PH eyes big chunk of Asia’s gaming market
(Philippines) -- The Philippines remains on track to open the remaining three major casino projects in the Entertainment City Manila complex in three to four years,...
article
Universal, Robinsons fail to reach deal on Manila casino
(Philippines) -- Philippine property firm Robinsons Land Corp and Japan's Universal Entertainment Corp <6425.OS> have ended talks over a planned joint...
5/26/2013
article
Casino firms welcome San Miguel win in NAIA Expressway
(Philippines) -- The 4 locators in the casino-tourism complex in Pasay City welcome the winning bid of conglomerate San Miguel Corp. for the toll road that will connect...
5/22/2013
article
Okada's Universal Entertainment calls Philippines payment unnecessary
(Las Vegas) -- Universal Entertainment Corp., the Tokyo-based company controlled by gaming magnate Kazuo Okada, called a $25 million payment at the center of an FBI...
5/19/2013
article
Pagcor appeals to BIR to soften stance on taxes
(Philippines) -- The Philippine Amusement and Gaming Corp. (Pagcor) is appealing to the Bureau of Internal Revenue (BIR) to soften its stance on the taxes slapped on...
5/10/2013
article
Philippines can ‘do right thing’ over 30 pct levy: Lawrence Ho
(Philippines) -- Income tax issue could be ‘neutralised’ by a reduction of payments to local regulator, says Melco Crown boss
5/9/2013
article
Philippines can ‘do right thing’ over 30 pct levy: Lawrence Ho
(Macau) -- Melco Crown Entertainment Ltd’s co-chairman Lawrence Ho Yau Lung said this week he is “hopeful” that the Philippine government “will...
5/2/2013
article
Tax blow for Philippines
(Philippines) -- In the Philippines, Manila’s attempt to challenge the casinos of Macau and Singapore has been hit by a ruling that the country’s casino...
4/29/2013
article
Gaming stocks battered due to BIR ruling
(Philippines) -- Gaming stocks were battered yesterday on the back of knee-jerk reactions from an operational problem in one of newest and major casino operators in the...
4/24/2013
article
Melco Crown US$377 mln share sale for Manila casino
(Macau) -- A unit of Macau casino investor Melco Crown Entertainment Ltd confirmed in a filing to the Philippine Stock Exchange it has raised US$377 million (3.02...
4/14/2013
article
The game changer
(Philippines) -- At exactly 2:28 p.m. on a recent Saturday, President Benigno Aquino III, together with Bloomberry Resorts Corporation Chairman and chief executive...
4/10/2013
article
Casino mogul under criminal investigation
(Washington D.C.) -- Universal Entertainment Corp. Chairman Kazuo Okada faces a US criminal investigation related to his Philippine casino project, sending the gaming...
4/6/2013
article
PH attracts casino investors with lower taxes
(Philippines) -- The Philippines' gaming tax rate has been effective in bringing in high-end casino investments into the country. This is according to officials from...
4/5/2013
article
PhilWeb shrugs off entry of high-end casinos
(Philippines) -- As Manila beefs up its gaming artillery with Resorts World and the recent opening of Solaire Manila, Dennis Valdes, president of PhilWeb, a gaming...
3/31/2013
article
Solaire Dream: First of Entertainment City projects opens
(Philippines) -- It’s been more than 10 years since officials with the Philippine Amusement and Gaming Corporation (PAGCOR) announced plans for Entertainment City...
3/24/2013
article
Gaming firm set to spend P5.2 billion for expanded casino, hotel operations
(Philippines) -- GAMING firm Leisure and Resorts World Corp., an owner of the grand casino to be opened at Entertainment City in Manila by next year, said it will spend...
3/22/2013
article
MGM China not eyeing Philippines for now: Bowie
(Macau) -- MGM China’s Chief Executive Officer Grand Bowie says the firm is “unlikely” to invest in the Philippines “at this time” and...
3/20/2013
article
Melco Crown to raise funds for Manila casino
(Philippines) -- Melco Crown (Philippines) Resorts Corp, the Philippines unit of Macau’s Melco Crown Entertainment Ltd, plans to raise up to US$400 million (MOP3.2...
3/19/2013
article
The Philippines Wants To Become The Next Asian Gambling Hub
(Philippines) -- On March 16th Bloomberry Resorts' Solaire Manila, the first of four giant casino resorts that are to be opened the next four years, started trading...
3/18/2013
article
Manila shoots for place at Asia's gambling table with new mega-casino
(Philippines) -- Manila’s newest and most luxurious casino has opened its doors, upping the ante in the Philippines' drive to compete with Asian gambling hot...
3/17/2013
article
Manila gambles on attracting the high rollers
(Philippines) -- The first casino in the hub that is the Philippines' answer to Macau opened at the weekend, and the container port services billionaire Enrique...
article
Owner wants to develop casino brand in Asia
(Philippines) -- BUSINESSMAN Enrique Razon Jr. said he is considering developing the Solaire casino brand in Asia as Bloomberry Resorts Corp. may expand its operation in...
article
Philippines Bets Big on Casinos
(Philippines) -- The Philippines this weekend launched its bid to become Asia's third gambling hub with the opening of a $1.2 billion casino, as the region battles...
article
Solaire Dream
(Philippines) -- It’s been more than 10 years since officials with the Philippine Amusement and Gaming Corporation (PAGCOR) announced plans for Entertainment City...
article
‘East meets West’ in first casino-hotel for high rollers
(Philippines) -- Solaire Resort and hotel- will offer an “East meets West” venue, combining “the glitz and grandeur and the sparkle of Las Vegas...
article
$1.3-B Belle Grande Mla Bay set to open mid-2014
(Philippines) -- The upscale leisure developer of mall and banking conglomerate SM Investments Corp. (SMIC) will join the party at the Entertainment City in the middle...
article
F.B.I. Inquiry Over Casino Focuses on Filipino's Fee
(Philippines) -- The F.B.I. and Philippine investigators investigating potential bribery related to Universal Entertainment’s bid to build a casino in Manila have...
article
FBI probe of Universal focuses on $25 million consultant fee company now disavows
(Philippines) -- The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp.'s bid to build a casino in Manila have...
3/16/2013
article
Manila bets big on casino to win place in gambling circuit
(Philippines) -- The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world’s elite gaming destinations, with the launch of a US$1.2...
article
Manila debuts as gambling’s new VIP venue with $1.2 bln casino
(Philippines) -- Big casino operators will be scrutinising the Philippines’ debut as Asia’s newest top-end gambling destination this weekend to see if Manila...
article
Melco banking on Asian players for $1-B casino
(Philippines) -- Macau casino giant Melco Crown Entertainment Ltd. is banking on its vast gaming network catering to Asians for its $1-billion gaming complex along...
article
PH debuts as Asia’s new gamblers’ haven
(Philippines) -- President Benigno Aquino III described in glowing terms the giant $1.2-billion Solaire Resort and Casino on Manila Bay that he opened on Saturday,...
article
PH gambling business seen comparable to Vegas in a few years
(Philippines) -- Macau casino magnate Lawrence Ho has no doubt that the Philippine gaming industry could be as big as Las Vegas or Singapore’s in the next five to...
article
Razon’s $1.2-b casino first in gaming hub
(Philippines) -- The Philippines today opens the first casino in the hub that is its answer to Macau, and billionaire Enrique Razon will have the gamblers to himself for...
article
Tycoons gung-ho on casinos
(Philippines) -- The Philippines has opened the first of four casinos in the hub that is its answer to Macau, and billionaire Enrique K. Razon Jr. will have the gamblers...
article
$1-B Solaire Resort & Casino Opens
(Philippines) -- Hello high-rollers! And come they did in droves to the rolling of the first dice and opening yesterday of the US$1.2-billion Solaire Resort & Casino...
article
Aquino opens mega casino in bid to join gaming elite
(Philippines) -- President Benigno Aquino III opened a giant $1.2 billion casino on Saturday to kick off the Philippines’ high-stakes bid to join the likes of...
article
Bloomberry aims to complete first expansion of Solaire in Q3 2014
(Philippines) -- BLOOMBERRY Resorts Corp. aims to complete the $400- million Phase 1A expansion of its Solaire Resorts and Casino in the third quarter of next year.
article
Noy leads mega casino opening
(Philippines) -- The first phase of the $1.2-billion Solaire Resort and Casino in Parañaque City opened its doors yesterday to the country’s VIPs led by President...
article
Opinion: The economic boom is here
(Philippines) -- Our MOPC colleague Tony Lopez featured a fairly balanced article in his magazine about the economy — pointing out the reasons why the country...
3/15/2013
article
Billionaire Razon’s $1.2 Billion Casino Gets Lead
(Philippines) -- The Philippines tomorrow opens the first casino in the hub that is its answer to Macau, and billionaire Enrique Razon will have the gamblers to himself...
article
Macau group signs $600m Philippine casino deal
(Philippines) -- Macau mogul Lawrence Ho’s gaming firm signed an agreement Friday to invest $600-million (U.S.) in a giant casino project in Manila, boosting the...
article
Opening of Solaire casino launches Manila's new gambling hub
(Philippines) -- The Philippines today opens the first casino in a hub designed to emulate the success of Macau. Port tycoon Enrique Razon's US$1.2 billion Solaire...
3/14/2013
article
$1 Billion Casino To Open in the Philippines This Weekend
(Philippines) -- A $1 billion casino resort is opening in the Philippines this weekend, making the country one of the biggest gambling centers in the world, next to...
article
Philippines bids to join global gambling elite
(Philippines) -- The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world's elite gaming destinations, with the launch of a US$1....
article
Philippines set to open $1 billion casino-resort
(Philippines) -- The Philippines will become one of the biggest gambling centers in the world, vying with Macau, Singapore and Las Vegas for Asia's high rollers,...
3/13/2013
article
Belle, Melco Crown close $1B resort-casino deal
(Philippines) -- Property developer, leisure and gaming company Belle Corporation has closed a $1-billion deal with Macau casino and resort developer Melco Crown...
article
Bloomberry to shell out $450M more in Vegas-style casino Solaire
(Philippines) -- Publicly-listed Bloomberry Resorts Corp. is investing $450 million more to expand its flagship Solaire Resort and Casino Manila—to open this...
article
Curtains rise on Pagcor’s $4B gaming complex
(Philippines) -- Cristino Naguiat Jr. is a man visibly relieved. And he has good reason to be. Ever since he assumed the top post at the Philippine Amusement and Gaming...
article
SM Group, Macau’s Melco ink $1-B deal
(Philippines) -- The SM Group has finalized its partnership with the local unit of Macau casino giant Melco Crown Entertainment Ltd. for a $1-billion gaming complex on...
3/12/2013
article
Philippines opens bid to join global gambling elite with $1.2b casino
(Philippines) -- The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world's elite gaming destinations, with the launch of a US$1.2...
2/20/2013
article
Melco Crown’s Philippine Unit to Sell Shares for Casino Project
(Philippines) -- Melco Crown Entertainment Ltd.’s Philippine unit plans to sell as many as 1 billion new shares to help fund a $1 billion Manila casino venture.
2/15/2013
article
Billion-Dollar Casino To Soon Open In Philippines
(Philippines) -- Officials in the Philippines are reportedly trying to keep pace with other top gaming markets around the world such as Las Vegas, Macau and Singapore.
2/8/2013
article
First Manila Bay casino to open next month
(Macau) -- The first of the four casino resorts at Manila’s bay side Entertainment City is set to start operating next month, parent firm Bloomberry Resorts Corp...
2/6/2013
article
Mega casino to open in March
(Philippines) -- A 500-room casino hotel near Manila Bay owned by the group of port tycoon Enrique Razon and designed to rival those in Macau and Las Vegas is set to...
2/5/2013
article
Japan exchange probes accounting of Universal’s Philippine payments: sources
(Japan) -- The Osaka Securities Exchange is investigating how Universal Entertainment accounted for millions of dollars paid in 2010 to advance the Japanese firm’s...
2/1/2013
article
RLC-Universal Entertainment deal delayed
(Philippines) -- SEALING of a deal between local property developer Robinsons Land Corp. and casino giant Universal Entertainment Corp. on a commercial-entertainment...
article
NZ’s Top 5 Company Mum on Manila Venture
(New Zealand) -- New Zealand casino operator SkyCity Entertainment Group declined to say whether or not it will enter the growing gaming market in the Philippines after...
1/24/2013
article
Why Manila can beat Macau as a gaming hub
(Philippines) -- Macau may continue to be a prime destination for gamblers but a casino operator said Manila's better accessibility and lower tax rate may begin...
1/15/2013
article
FBI sent agents to Manila to probe Universal payments: Philippine regulator
(Manila) -- The FBI sent agents to Manila as part of a probe into millions of dollars of payments made by Universal Entertainment Corp to a government consultant in...
article
Philippine Authority Says Okada Faces FBI Probe on Permit
(Philippines) -- Japanese billionaire Kazuo Okada faces a U.S. Federal Bureau of Investigation probe, adding to a Philippines justice department inquest into how he got...
1/13/2013
article
FBI probes payments for Manila casino project
(Philippines) -- The FBI has sent agents to Manila in a widening of its investigation into millions of dollars of payments made by Japan’s Universal Entertainment...
article
Palace clueless on FBI probe on casino payoff
(Philippines) -- Malacañang is not aware of the reported arrival of US Federal Bureau of Investigation (FBI) agents to probe allegations that a Japanese casino investor...
1/7/2013
article
Okada firm to probe alleged Pagcor bribes - report
(Philippines) -- The firm of Japanese gambling tycoon Kazuo Okada will launch its own probe into media reports about alleged bribes the firm made in relation to a casino...
1/4/2013
article
Japanese tycoon’s dream casino mired in lawsuits and bribery probe
(Manila) -- Japanese billionaire Kazuo Okada was facing a crisis: Work on his dream casino by the bay in Manila was going nowhere.
12/31/2012
article
Japan's casino tycoon bet big on Philippines fixer
(Manila) -- Japanese billionaire Kazuo Okada was facing a crisis: work on his dream casino by the bay in Manila was going nowhere.
12/30/2012
article
Filipinos hope Macau gaming means tourists
(Philippines) -- With gambling thriving in Macau and Singapore and growing in Vietnam, the Philippines hopes to see some of that activity boosting the country’s...
article
Japan casino tycoon bets big on Philippines fixer
(Japan) -- Japanese billionaire Kazuo Okada was facing a crisis: work on his dream casino by the bay in Manila was going nowhere. Instead of a world-class resort packed...
12/29/2012
article
For Casino Builders, Manila Is the Next Macau
(Philippines) -- A casino rush has started in the Philippines, buoyed by strong economic growth and a stock market that has been among the top performers in the world...
12/27/2012
article
For Casino Builders, Manila Is the Next Macau
(Manila) -- A casino rush has started in the Philippines, buoyed by strong economic growth and a stock market that has been among the top performers in the world this...
12/26/2012
article
Global Gaming acquires 8.7% of Bloomberry
(Philippines) -- Global Gaming Philippines LLC exercised its option to purchase 921.18 million shares of Bloomberry Resorts Corp., which is building a casino and hotel...
article
Manila primes for casino boom despite corruption probe
(Philippines) -- The two most richly valued companies in the financial and consumer discretionary sectors in Southeast Asia share two things in common – both are...
12/25/2012
article
Entertainment City Ramps Up in Manila
(Philippines) -- When the Philippine Amusement and Gaming Corporation (PAGCOR) first proposed the Entertainment City development, consisting of four integrated resorts...
article
Licences for private investors to develop Philippines' gaming complex
(Philippines) -- With the Philippines aiming to become the region's next gaming hub, the government has granted licences to private investors to help develop its 120...
12/20/2012
article
Okada-Gokongwei casino complex to debut in ’14
(Philippines) -- The $1-billion Manila Bay Resorts, an integrated entertainment and resort venture between the groups of tycoon John Gokongwei and Japanese pachinko...
12/14/2012
article
Okada gets Philippines partner for casino
(Philippines) -- Japanese gambling tycoon Kazuo Okada has teamed up with the family of Philippine billionaire John Gokongwei for a billion-dollar casino project in...
12/12/2012
article
Billionaire Gokongwei to Join Magnate Okada in New Casino
(Philippines) -- Philippines billionaire John Gokongwei will become a partner of Japanese pachinko magnate Kazuo Okada to build a casino in Manila amid efforts by the...
article
Japan's Okada gets Philippines partner for casino
(Philippines) -- Japanese gambling tycoon Kazuo Okada has teamed up with the family of Philippine billionaire John Gokongwei for a billion-dollar casino project in...
12/11/2012
article
COLUMN: Undue interest in Pagcor payoff
(Philippines) -- Why is there such undue interest in the alleged payoff to Philippine Gaming and Amusement Corp. officials, past and present? Japanese casino magnate...
article
Pagcor clears Okada of bribery
(Philippines) -- A whistle-blower claimed Japanese casino mogul Kasuo Okada bribed former Philippine Amusement and Gaming Corp . officials to obtain a license to operate...
12/9/2012
article
Macau casino giant buys backdoor listing vehicle for PH gaming
(Philippines) -- The Melco casino group of Macau has signed a deal to take over 93 percent of Manchester International Holdings Unlimited Corp. (MIH), thereby acquiring...
article
Melco Crown acquires pharma firm to manage Manila casino
(Philippines) -- The casino-operator that Sy-led Belle Corp has partnered with to develop a casino-entertainment complex in Pasay City has tapped a local pharmaceutical...
article
Melco Crown goes backdoor to list in PH
(Philippines) -- Melco Crown Entertainment Ltd., a casino venture between billionaire James Packer and a son of gambling tycoon Stanley Ho, announced that its Philippine...
article
Melco purchase of Manchester paves way for backdoor listing
(Philippines) -- It is going to be a Philippine backdoor listing after all for Macau-based casino operator Melco Crown Entertainment Ltd. Melco Crown said on Friday it...
12/5/2012
article
Japanese casino tycoon Kazuo Okada considering lawsuit against Reuters
(Japan) -- Kazuo Okada, the Japanese billionaire and casino tycoon behind Universal Entertainment Corp., stated on Tuesday that he is considering legal action against...
12/2/2012
article
Senate body sets probe on casino deal payoff
(Philippines) -- THE SENATE will conduct a probe on alleged bribes made to former officials of the Philippine Amusement and Gaming Corp. (PAGCOR) in exchange for a...
11/30/2012
article
Casino bagman got $30M
(Philippines) -- Japanese billionaire Kazuo Okada’s Universal Entertainment funneled at least $30 million to an ex-consultant for the state gambling regulator, the...
11/29/2012
article
Ex-PAGCOR consultant got $30M from Okada firm — Reuters
(Philippines) -- Japanese billionaire Kazuo Okada's Universal Entertainment funnelled at least $30 million to an ex-consultant for the Philippines gaming authority...
11/28/2012
article
Alleged $5-M bribe to PAGCOR exec by Okada firm puzzles PHL officials
(Philippines) -- The House committee on games and amusements on Wednesday faced more questions than answers in the investigation on a $5-million bribe supposedly given...
article
No proof against Japanese tycoon
(Philippines) -- The House committee on games and amusement on Wednesday failed to establish any proof to support charges that Japanese tycoon Kazuo Okada had spent $15...
article
Okada firm confirms $5M transfer to ex-Pagcor consultant
(Philippines) -- AN AFFILIATE of Japanese billionaire Kazuo Okada's Universal Entertainment Corp. confirmed Wednesday reports that a former consultant of the...
11/25/2012
article
4 groups eye Phl version of Las Vegas strip
(Philippines) -- At least four foreign groups are waiting in the wings to bid for the right to operate a casino at the Entertainment City along Roxas Blvd. as the...
article
Documents prove Pagcor bribe
(Philippines) -- Bayan Muna Rep. Teddy Casino said on Sunday he has the bank documents on the $10 million bribe that Japanese gambling magnate Kasuo Okada paid to the...
article
Other groups keen on Okada’s license
(Philippines) -- Several investors are ready to acquire the casino license of Japanese tycoon Kazuo Okada in the Philippines, once the state-run Philippine Amusement and...
11/21/2012
article
Gambling boom
(Macau) -- In a matter of months, the government will unveil Entertainment City Manila, also known as Pagcor City Manila on an eight-square kilometre reclaimed lot of...
article
Probe of Okada ‘sin city’ sought
(Philippines) -- Muna congressman and Makabayan senatorial candidate Teddy Casiño urged the Philippine Amusement and Gaming Corp. on Wednesday to suspend the $2-billion...
11/20/2012
article
Bribery allegations threaten pachinko firm's Philippine casino plan
(Philippines) -- Manila will revoke a license it granted to Japanese pachinko firm Universal Entertainment Corp. if allegations that it bribed a Philippine official to...
article
Universal Entertainment Corp’s casino license in danger of being revoked in Philippines
(Philippines) -- Japanese pachinko firm Universal Entertainment Corp is being hounded with allegations of bribing a former consultant of the Philippine Amusement and...
11/19/2012
article
$2-B casino deal in peril
(Philippines) -- The license issued to Universal Entertainment Corp. of Japanese billionaire Kazuo Okada to operate a casino in Manila will be canceled if it is found to...
article
If Pagcor bribes proven true, gov't to revoke Okada's license
(Philippines) -- If the reports are proven true that former officials of state regulator Philippine Amusement and Gaming Corporation (Pagcor) received bribes in 2010,...
article
Japanese may lose casino biz
(Philippines) -- The Philippine government will cancel Japanese billionaire Kazuo Okada’s license to operate a casino at the Entertainment City in Pasay City if it...
article
Manila probes Okada payment, Universal shares drop
(Philippines) -- Prosecutors in Manila will investigate whether bribes were paid in relation to the $2 billion Manila Bay casino being developed by Japanese billionaire...
11/18/2012
article
US authorities probe alleged $5M casino bribe to Genuino associate
(Japan) -- US gaming regulators are investigating millions of dollars paid by affiliates of Japanese billionaire Kazuo Okada's Universal Entertainment Corp to a...
article
Genuino ‘bagman’ got $5M for casino project
(Philippines) -- State-owned Philippine Gaming Corp. (Pagcor) on Sunday welcomed the discovery of what it said was new evidence of alleged corruption involving Rodolfo...
11/17/2012
article
'Okada firms probed for alleged $5-M payment to ex-Pagcor consultant'
(Philippines) -- Affiliates of Japanese billionaire Kazuo Okada's Universal Entertainment Corp. are now being investigated by US gaming authorites for allegedly...
11/16/2012
article
Payments give US casino regulators new focus in feud
(Philippines) -- US gaming regulators are investigating millions of dollars paid by affiliates of Japanese billionaire Kazuo Okada’s Universal Entertainment Corp...
10/24/2012
article
Sy's Belle formalizes casino deal with Melco Crown
(Philippines) -- Henry Sy's Belle Corp. on Thursday formally signed a deal with Melco Crown Entertainment Ltd., led Australian billionaire James Packer and Macau...
article
Sy, Packer, Ho formalize Manila casino deal
(Philippines) -- The Sy group has formally entered into an agreement with casino billionaires James Packer and Lawrence Ho for a US$1-billion gaming venture in Manila.
9/16/2012
article
China a threat to PH gaming
(Philippines) -- The Philippines is developing a gambling strip in the reclaimed area in Manila. Investors have committed $4 billion to develop it hoping to mirror Macau...
9/10/2012
article
Ho-Packer deal with Filipino tycoon to be finalized in October
(Manila) -- The deal between Lawrence Ho, Australian casino billionaire James Packer and Philippines' tycoon Henry Sy, for a USD1-billion gaming venture in Manila is...
article
Sy-Packer-Ho casino deal still a go despite missed deadline
(Manila) -- The deal among Australian casino billionaire James Packer, Macau's Lawrence Ho, and Philippines' richest Henry Sy for a US$1-billion gaming venture...
8/2/2012
article
Lopez group not pursuing talks with Okada
(Philippines) -- The Lopez group, which recently regained control of Rockwell Land, says it may no longer pursue talks with Japanese casino magnate Kazuo Okada for the...
7/22/2012
article
Okada Getting It On in Manila
(Philippines) -- Kazuo Okada needed backers to complete his US$2 billion resort casino at Manila’s planned Entertainment City, and it looks like he has secured...
7/21/2012
article
Bloomberry poaches Filipinos in Macau for Manila casino
(Philippines) -- BLOOMBERRY Resorts Corp. is poaching Filipino talent from Macau as it prepares to lure Chinese gamblers from the world’s largest gaming hub to its...
7/19/2012
article
Bloomberry Poaches Filipinos in Macau for Casino: Southeast Asia
(Philippines) -- Bloomberry Resorts Corp. (BLOOM) is poaching Filipino talent from Macau as it prepares to lure Chinese gamblers from the world’s largest gaming...
article
Filipino casino on hiring spree in Macau
(Macau) -- Philippines-based Bloomberry Resorts Corp has hired over 400 Philippine nationals from Macau and Singapore to work at its upcoming Solaire Manila Resort...
7/16/2012
article
Empire East Signs Deal for Manila Bay Casino Project
(Philippines) -- Empire East Land Holdings Inc. said Monday it signed a deal with Japanese billionaire Kazuo Okada’s Tiger Resorts Leisure & Entertainment Inc...
article
Empire East ties up with Okada for 25-tower condo project
(Philippines) -- EMPIRE EAST Land Holdings, Inc., an Andrew L. Tan-controlled developer, has forged a joint venture with Japan’s Okada group for a P45-billion...
article
Okada, Empire East sign deal
(Philippines) -- Empire East Land Holdings Inc. has formed a venture with Japanese billionaire Kazuo Okada for a residential project in a planned casino complex in Pasay...
7/15/2012
article
Andrew Tan, Okada team up on Pagcor City residential project
(Philippines) -- Real estate magnate Andrew Tan has teamed up with Japanese tycoon Kazuo Okada to build the upscale residential condominium component of the latter...
article
Gaming ka na ba?
(Philippines) -- And now for a bit of good news: According to think tanks in business, the next big wave of foreign tourists coming to the Philippines will most likely...
article
Tan, Okada forge P45-B real estate deal on Entertainment City
(Philippines) -- The upcoming casino-entertainment project in the reclaimed Manila Bay area is paving a way for different deals between and among local and foreign...
7/14/2012
article
Casino talk boosts local property mart
(Philippines) -- Buzz about possible hotel-casino partnerships for Manila’s rising Entertainment City is adding fizz to the property play in the country.
article
Okada forges $2 B casino jv with Gokongwei, Andrew Tan
(Philippines) -- Tycoons John Gokongwei and Andrew Tan have forged an agreement with Japanese billionaire Kazuo Okada for a $2-billion project that will integrate gaming...
7/13/2012
article
Gokongwei grp in talks with Okada for a piece of casino action
(Philippines) -- The Gokongwei group also wants a piece of the upcoming casino-entertainment project in Manila. On Friday, July 13, Gokongwei-led property firm Robinsons...
article
Japanese billionaire, Filipino mogul in talks to build Vegas-style casino
(Philippines) -- Kazuo Okada, billionaire and Japan’s “Pachinko King,” is in talks with the Philippines’ Taipan John Gokongwei Jr. to build a new...
article
RLC in talks with Japanese tycoon for $2-B casino project
(Philippines) -- Gokongwei-led property developer Robinsons Land Corp. on Friday confirmed it is in talks with Japanese billionaire Kazuo Okada for his casino...
article
Robinsons Land, Japanese investor Kazuo Okada exploring business prospects
(Philippines) -- Robinsons Land Corporation on Friday said it “is presently in discussions with the group of Kazuo Okada,” the Japanese gaming magnate who...
7/12/2012
article
Gokongwei in talks to join Okada for Vegas style, $2-B casino by bay
(Philippines) -- The gaming and entertainment mecca rising on a reclaimed area south of Manila is the latest playground of the country’s billionaires.
7/10/2012
article
Macau Casino Signs Deal to Develop $1 Billion Casino-Hotel in Manila
(Philippines) -- Major players in the Asia gambling market have joined forces and signed a conditional deal to develop a $1 billion casino-hotel in Manila.
7/9/2012
article
Booming Manila bets on casinos
(Philippines) -- THE ECONOMIC upswing is translating into an array of cranes on the skyline in downtown Manila, and among the striking developments are a number of new...
article
Casino deal sees Melco Crown enter the Philippines
(Philippines) -- Melco Crown Entertainment is to develop a billion-dollar integrated casino resort in the Philippines through a new partnership with Belle Corp.
7/8/2012
article
Belle sees Melco tieup to open overseas gaming opportunities
(Philippines) -- BEYOND gaining expertise and a financial boost, Belle Corp. is also betting that its partnership with Macau-based casino-resort operator Melco Crown...
7/6/2012
article
Government is not promoting gambling, just regulating it, says Palace official
(Philippines) -- Government is regulating and not promoting gambling in the country, Malacañang said Friday amid plans of foreign and local investors to establish $1-...
article
Leisure Resorts to get 15% share of casino proj revenues
(Philippines) -- Listed bingo operator Leisure Resorts and World Corp. (LRWC) handed over the management of a $1-billion integrated resort along the Manila Bay...
article
Macau gaming company in $1 billion Philippine casino project
(Philippines) -- Macau gambling company Melco Crown Entertainment is teaming up with the Philippines' richest man to develop a $1 billion casino resort in Manila in...
7/5/2012
article
Belle, Melco agree to develop $1 bln Manila casino
(Philippines) -- Philippine property and leisure firm Belle Corp signed a memorandum of agreement with Melco Crown Entertainment Ltd to develop a $1 billion casino-hotel...
article
It's sealed: Packer, Ho and Sy in Manila casino venture
(Philippines) -- Casino billionaires James Packer and Lawrence Ho are now on board with the group of the Philippines' richest man Henry Sy for a US$1-billion gaming...
article
James Packer's Manila gamble confirmed
(Philippines) -- JAMES Packer and Macau gambling tycoon Lawrence Ho are teaming up with the Philippines' richest family to develop a $1 billion casino in Manila, the...
article
Macau Firm Bets On Manila Casino
(Macau) -- Macau casino operator Melco Crown Entertainment Ltd. MPEL -1.66% is set to enter the burgeoning Philippines market by teaming with local property developer...
article
Melco Crown, Belle To Partner on $1 Billion Manila Casino
(Philippines) -- Macau casino operator Melco Crown Entertainment Ltd. is set to enter the burgeoning Philippines market by teaming up with local property developer Belle...
article
Philippine, Macau and Australia tycoons to build casino
(Philippines) -- Macau gambling magnate Lawrence Ho and Australian tycoon James Packer are partnering Henry Sy, the richest man in the Philippines, to build a $1bn (...
7/3/2012
article
Casino slams Aquino cousin’s entry into senatorial derby
(Philippines) -- The news about President Benigno Aquino III’s first cousin’s ambition to seek a Senate seat has sent Bayan Muna Representative Teddy Casiño...
7/2/2012
article
Church bucks gaming plans of foreigners
(Philippines) -- The Catholic Church is opposed to the plans of Australian and Macau gaming tycoons to set up a $1-billion casino complex in Manila, the head of the...
6/30/2012
article
Church bucks gaming plans of foreigners
(Philippines) -- The Catholic Church is opposed to the plans of Australian and Macau gaming tycoons to set up a $1-billion casino complex in Manila, the head of the...
article
COA asks Pagcor to collect P66 M from casino junket operator
(Philippines) -- In its 2011 audit report, the Commission on Audit cited the Philippine Amusement and Gaming Corp. (Pagcor) for its record-breaking P36.659 billion...
6/29/2012
article
Manila resort needs Cebu workers
(Philippines) -- A NEW resort and gaming complex in Pagcor’s Entertainment City in Manila is inviting Cebuano workers as it becomes operational early next year.
6/28/2012
article
Philippines gaming boom: cash in early
(Philippines) -- The four big casino complexes rising along the scenic Manila Bay in the Philippines haven’t opened their doors yet, four years after the...
6/27/2012
article
Australian billionaire Packer and Macau's Ho in Manila casino talks
(Philippines) -- The Philippines' richest family said on Wednesday it was in talks with Australian billionaire James Packer and Macau gambling tycoon Lawrence Ho to...
article
Manila deal not that great for Melco Crown
(Philippines) -- Union Gaming is not bullish on a possible entry of Macau-based gaming operator Melco Crown Entertainment Ltd into the Filipino casino market.
article
Melco Crown Set to Partner in Manila Casino
(Philippines) -- Macau casino operator Melco Crown Entertainment Ltd. is pursuing talks to enter the burgeoning Philippine market by teaming up with local property...
article
Packer looking at Pan-Asia gaming empire
(Philippines) -- Billionaire James Packer could be looking towards establishing a casino in the Philippines as part of a desire to create a Pan-Asian gambling empire.
6/26/2012
article
Melco Crown to partner in Manila casino with Belle
(Philippines) -- Macau casino operator Melco Crown Entertainment Ltd. is set to enter the burgeoning Philippine market with a deal to partner with local property...
article
Melco, Sy to develop $1 bln casino in Manila - report
(Philippines) -- Melco Crown Entertainment Ltd , the casino operator run by Australian billionaire James Packer and Macau gambling tycoon Lawrence Ho, is set to sign a...
article
Packer signs deal to expand into Philippines
(Philippines) -- Crown Ltd chairman James Packer and gambling tycoon Lawrence Ho have entered a joint venture with the Philippines' richest family in a deal that...
article
SM group in talks with Melco for $1-B casino in Manila
(Philippines) -- Philippine conglomerate SM Investments , owned by the country's richest man Henry Sy, is in talks with Melco Crown Entertainment Ltd for a deal...
|
visionary sponsor advertisementMost Popular Storiessponsor advertisement |