Okada Manila continues strong ramp with GGR up 30% in September
Philippines integrated resort Okada Manila saw its gross gaming revenue grow 30% year-on-year to Php3.16 billion (US$61.2 million) and Adjusted segment EBITDA 242% to Php554 million (US$10.7 million) in September. According to the monthly update by parent company Universal Entertainment...
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PAGCOR boss suggests Landing International’s Manila IR dream still alive
PAGCOR Chairman and CEO, Andrea Domingo, has issued a strong hint that Hong Kong-listed Landing International Development Ltd will be given the green light to develop Manila’s fifth integrated resort provided it can find a suitable plot of land. Landing...
Inaugural G2E Asia @ the Philippines to welcome almost 100 exhibitors, Gala Dinner planned
G2E Asia @ the Philippines will welcome almost 100 exhibitors and sponsors, and boast a brand-new awards night with a Gala Dinner, when it is held for the very first time at the Manila Marriott Hotel on 3 and 4...
Philippines not looking to benefit from Cambodian online gaming shutdown: Domingo
The Chairman of Philippines gaming regulator PAGCOR, Andrea Domingo, says she doesn’t want the nation’s growing Philippine Offshore Gaming Operators (POGO) industry to benefit from the recent decision by Cambodia to shut down its own online gaming operations. Her comments...
Philippines police say casino-related kidnappings have more than doubled in 2019
The number of people to have fallen victim to casino-related kidnappings in the Philippines has soared in 2019, with more than double the amount of kidnappings through the first nine months of the year than throughout all of 2018. The...
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Philippines renews warning to POGOs to pay taxes or face closure
The Bureau of Internal Revenue (BIR) has renewed its warning to Philippine Offshore Gaming Operators (POGOs) to pay their taxes or face being shut down. BIR Commissioner Caesar Dulay issued the ultimatum after one licensed POGO, Great Empire Gaming and...
Chief Philippines economist says private sector best placed to run PAGCOR-owned casinos
The Philippines’ National Economic and Development Authority (NEDA) has revealed that it is studying a proposal to privatize the casino operations of PAGCOR, with the organization’s head suggesting the private sector may be better placed to operate the nation’s 47-state...
Philippine National Police to hold summit addressing casino-related kidnappings
The Philippine National Police will hold a summit for its Anti-Kidnapping Group (AKG) today to discuss the recent spate of casino-related kidnappings in Manila. The summit, under the theme “Strategic Partnership and Collaboration Towards a Kidnap-Free Philippines,” will be attended...
