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Philippines casino industry to grow: Razon

Enrique Razon, chairman and chief executive of Asian casino operator Bloomberry Resorts Corp, says the prospects for the casino sector in the Philippines look better this year, as the industry is set to grow following the opening of one more property in the Manila market.

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Philippines Gaming

9/20/2017

article Aussie-Backed Casablanca Casino in the Philippines Close to Reopening Following Spat with Operator
(Philippines) -- A Philippines casino that was shut down by local regulators when its Australian owners failed to stump up the requisite cash to maintain its license...
article Gaming Industry in the Philippines Part I – Casinos
(Philippines) -- In the first part of this two-part article on the Philippine Gaming Industry, I will focus on the country’s casino industry. Together with the...

9/18/2017

article PCSO calls on PNP to go after illegal gambling operators
(Philippines) -- The Philippine Charity Sweepstakes Office (PCSO) on Monday urged the police force to probe illegal gambling operations in the country instead of...
article Philippines’ Casablanca Casino Could Soon Reopen, Frontier Searching for Partner
(Philippines) -- A Philippines casino shut down by the Philippine Amusement and Gaming Corporation (PAGCOR) in February will be ready to reopen soon, according to the...
article Frontier seeks new partner for Philippine casino ops
(Philippines) -- Australia-listed casino investor Frontier Capital Group Ltd said on Friday that it is in discussions with a third party to manage the operations at the...

9/15/2017

article GLI wins accreditation in the Philippines
(Philippines) -- Gaming Laboratories International (GLI) has become the first independent test laboratory to secure approval from the Philippine Amusement and Gaming...

9/14/2017

article Mocha still under probe over casino shows
(Philippines) -- The Presidential Communications Operations Office (PCOO) is still investigating its assistant secretary Margaux “Mocha” Uson’s alleged...

9/11/2017

article Enrique Razon cuts Bloomberry casino stake, raises $75 million
(Philippines) -- Bloomberry Resorts chair and controlling shareholder Enrique Razon has unloaded a 3.18% stake in the Philippine casino company, raising around 3.8...

9/10/2017

article Gov’t to sell 17 state-run casinos next year
(Philippines) -- The Department of Finance (DOF) has set the initial number of government-operated casinos that are expected to be privatized next year.

9/8/2017

article Palace to Mocha: Anywhere but casinos
(Philippines) -- SAYING that it was against the law, Malacañang on Friday discouraged Presidential Communications Assistant Secretary Margaux “Mocha” Uson...

8/31/2017

article QC gambling measure set for review
(Philippines) -- Amid mixed reactions on the proposed responsible gambling ordinance in Quezon City, the 37-member City Council has endorsed the measure to another...
article Sterner gambling regulation in Quezon City
(Philippines) -- The Quezon City council has just finished public consultations on further regulating games of chance. One of the first cities to enact in 2014 a...

8/25/2017

article Travellers seeking to offset RWM losses with insurance claims
(Philippines) -- Travellers International Hotel Group Inc. is seeking insurance compensation for financial losses suffered when the company’s Resorts World Manila...
article Chinese gambling has room to grow in Philippines: MS
(Philippines) -- The market for gambling by Chinese is likely to grow in the Philippines, fuelled by junket-based proxy betting and the prospect of visa-free access for...

8/20/2017

article Bill seeks to make Congress as Pagcor’s sole regulatory body
(Philippines) -- Are there too many regulatory agencies in the gaming industry? Party-list group One Patriotic Coalition of Marginalized Nationals (1-Pacman) has gotten...
article Chinese casino financier nabbed for abducting Korean in Manila
(Philippines) -- A Chinese man was arrested on Saturday for abducting a Korean man, who failed to settle his debt, for 10 days and demanding P4 million for his release.
article Philippine Casino Market Will Not Suffer Cannibalization, Says Analyst
(Philippines) -- The Philippine casino market is a long way off saturation, according to Morgan Stanley, and the Okada Manila’s entrance to the sector will not...

8/17/2017

article Injunction filed against PCSO
(Philippines) -- The Philippine Charity Sweepstakes Office (PCSO) has allegedly violated Berjaya Philippines Inc’s right to control the supply and lease of lottery...

8/15/2017

article Pyramid Lake cultural camp teaches Paiute language to children
(Nevada) -- Sounds of laughter filled the Nixon Gym on July 27 as family, friends and community members gathered to celebrate the Pyramid Lake Summer Cultural Day Camp...
article Philippines to respond security claims
(Philippines) -- Tourists in the Philippines have demanded further security measures against possible terror attacks throughout the integrated resorts areas. President...
article Resorts World Manila reports losses
(Philippines) -- After Resorts World Manila went through a shooting that killed 37 people inside its facility and was forced to close its doors, the casino reported US$6...
article Resorts World Manila Suffers Hefty Q2 Loss in Wake of Deadly June Rampage
(Philippines) -- Resorts World Manila operator Travellers International revealed on Monday the financial damage inflicted by the deadly actions of lone gunman Jesse...
article Lax laws could be a losing bet for The Philippines’ casino industry
(Philippines) -- Poised for big business this year, casino operators in Manila had expected the opening of a $US2.4 billion ($3bn) tropical waterfront resort and an...

8/14/2017

article Millennium to develop casino in the Philippines
(Philippines) -- Millennium Pan-Asia Hotel and Resort Inc and the Philippine Amusement and Gaming Corporation (Pagcor) signed an agreement that gives the company a...
article Philippines removed from AML monitoring
(Philippines) -- The Asia/Pacific Group on Money Laundering (APG), which consists of 41 member countries, said that the Philippines exited the “transitional mutual...

8/12/2017

article Philippines gets taken off APG radar
(Philippines) -- The Philippines has avoided further scorn from the Asia-Pacific Group on Money-Laundering following "significant compliance" in tightening...

8/10/2017

article Philadelphia Gaming Board rules proposed Stadium Complex Casino can proceed
(Pennsylvania) -- In a 7-0 vote Wednesday, the Pennsylvania Gaming Control Board ruled that the proposed Live! Hotel & Casino Philadelphia can proceed with plans to...
article Pagcor opens Manila Bay casino
(Philippines) -- The Philippine Amusement and Gaming Corp (Pagcor) opened yesterday the doors of the newest local casino, Casino Filipino Manila Bay at the Rizal Park...
article Philippines firm breaks ground on The Emerald Resort Hotel and Casino
(Philippines) -- In the Philippines, local firm Udenna Development Corporation recently held a groundbreaking ceremony for the $341 million integrated casino resort it...
article Philippines removed from AML watch after casino inclusion
(Philippines) -- The Philippines has been removed from an international money laundering watch list after enacting a law that brings the nation’s casinos within...
article Waterfront Philippines embarks renovations
(Philippines) -- Waterfront Philippines Inc revealed to the Philippine Stock Exchange that US$32.6 million will be spent in order to renovate the casino operator’s...

8/9/2017

article PAGCOR opens casino despite questions over lease contract
(Philippines) -- The Philippine Amusement and Gaming Corp on Wednesday opened its Casino Filipino Manila Bay at the Rizal Park Hotel, despite controversy over its lease...
article Saipan’s ‘lucrative’ casino lures Filipino gaming aficionados
(Philippines) -- There has been a “gradual increase” in the number of Filipinos gaming aficionados traveling to Saipan for casino gambling, a tourism...

7/24/2017

article Congressional franchises for casinos, mining 'reeks of vested interest'
(Philippines) -- Opposition legislators questioned the House leadership’s push to require congressional franchises for operators of casinos, public transportation...

7/23/2017

article Frontier seeks escrow funds, casino ops still in limbo
(Philippines) -- Australia-listed casino investor Frontier Capital Group Ltd said on Monday that it is still seeking funds to meet the escrow requirements of the...
article OP/ED: Laundering haven no more
(Philippines) -- More than a year after money stolen by cyber criminals from the central bank of Bangladesh entered the domestic financial system and local casinos;...

7/20/2017

article 45 foreigners questioned on abduction of casino high-rollers
(Philippines) -- Agents of the Bureau of Immigration (BI) rescued on Tuesday night a Singaporean woman seized by suspected members of a Chinese kidnap-for-ransom...

7/19/2017

article Duterte signs law including casinos in AMLC coverage
(Philippines) -- President Duterte has signed a law including casinos under the purview of the Anti-Money Laundering Council (AMLC), more than a year after money stolen...
article Philippine police arrest 43 foreigners for kidnap of Singapore woman
(Philippines) -- Philippine police said on Thursday they had arrested 43 foreigners for kidnapping a Singaporean woman at a casino resort in the capital, highlighting...

7/18/2017

article Duterte signs law placing casinos under anti-money laundering coverage
(Philippines) -- The government is flexing its legal muscle to combat dirty money that may pass through local casinos. President Duterte has signed a new law placing...

7/15/2017

article Is the government hedging its bets?
(Philippines) -- If graphic warnings on the hazards of smoking can be printed on every cigarette pack, why can’t similar graphics about the ill effects of gambling...

7/14/2017

article Rodrigo Duterte Favorite To Break Ground on Philippines’ First Casino Outside Manila
(Philippines) -- Plans to build the first Philippine casino resort outside Manila appear to be coming to fruition for businessman Dennis Uy’s Udenna Development...

7/8/2017

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...

7/7/2017

article Philippine Casinos Cleared by PAGCOR as Personal Troubles for Okada Mount
(Philippines) -- Billionaire Kazuo Okada is feeling the heat from investigations into his personal alleged improprieties, but Philippine gaming regulator says that...

7/5/2017

article Manila Casino Aims to Win Back Trust, Expand After Fatal Fire
(Philippines) -- Resorts World Manila, the Philippine casino where 38 people died after an arson attack last month, aims to complete a new gaming zone this year as it...

7/4/2017

article PAGCOR warns gaming licensees not to offer ‘kickbacks’ to officials
(Philippines) -- Philippines-based gambling operators have been formally warned that offering kickbacks to public officials is a guaranteed one-way trip to jail and/or...

7/3/2017

article Philippines government remains bullish on casino privatization plan
(Philippines) -- In the Philippines, the government is reportedly confident that it will continue to earn revenues from the 46 casinos currently owned and operated by...

7/2/2017

article Online gambling conman Robert Gustafsson rises from the dead
(Philippines) -- Like a zombie rising from the dead, infamous con artist Jan Robert Gustafsson appears intent on worming his way back into the online gambling industry.
article Gov’t determined to sell Pagcor casinos
(Philippines) -- The Department of Finance (DOF) is confident the government will continue to earn revenues from state-owned casinos once these assets are unloaded from...
article ISIS 'sanctioned, if not directed' Resorts World attack – expert
(Philippines) -- One month after the Resorts World attack in Manila, terrorism experts tell Rappler they believe the Philippines prematurely dismissed claims by the...
article Resorts World Manila Back in Business After Attack as License Suspension Lifted
(Philippines) -- Resorts World Manila resumed its casino operations on Thursday after a suspension of its gaming license was lifted by Pagcor, the Philippine regulator.

7/1/2017

article Resorts World Manila Cleared for Reopening, PAGCOR Claims Casino Has Addressed Security Shortfalls
(Philippines) -- On Thursday, the property was fully cleared by the Philippine Amusement and Gaming Corporation (PAGCOR) to open its doors to the space where the...

6/30/2017

article One year on: Gambling in the time of Rodrigo Duterte
(Philippines) -- The sound of phones ringing incessantly inside the Philippine Stock Exchange drown out the gasps of traders as they watch the share price of gaming...
article Resorts World Manila is reopened
(Philippines) -- International touristic attraction in Philippines, Resorts World Manila reopened its doors yesterday after two weeks of investigations related to the...

6/29/2017

article Investments, tax reforms highlight Duterte’s first year
(Philippines) -- THE government secured investment commitments, including so-called submarket loans worth at least $46 billion, in the inaugural year of President...
article Philippines: Resorts World Manila resumes operations
(Manila) -- Resorts World Manila Thursday announced resumption of operations following the lifting of its suspension by the country’s amusement and gaming...
article Resorts World Manila reopens gaming area
(Philippines) -- Integrated gaming operator Resorts World Manila (RWM) resumed its gaming operations on Thursday as the Philippine Amusement and Gaming Corporation (...
article RWM incident to lower Pagcor’s revenue
(Philippines) -- Andrea Domingo, head of the Philippine Amusement and Gaming Corporation (Pagcor), has revealed that the country’s gaming regulator is expecting a...

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...

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