Search Results for: Philippines
U.S. court denies Bloomberry appeal to drop GGAM case
March 24, 2022
A U.S. court has denied an appeal by Bloomberry Resorts, its Sureste Properties unit and its billionaire chairman Enrique Razon J...
Okada Manila launches new VIP gaming space
March 22, 2022
Okada Manila said it has launched Perlas Club, a gaming space catering for its top-tier members.
The resort, which is ultimate...
Belle Corp reports 105% increase in its share of gaming revenues from City of Dreams Manila in 2021
March 18, 2022
Philippines real estate firm Belle Corp reported a 105% increase in its share from gaming revenues at City of Dreams Manila in 20...
Duterte not willing to suspend esabong, says govt needs revenue
March 18, 2022
Philippines president Rodrigo Duterte has justified the continuation of e-sabong (online cockfighting) operations, despite calls ...
E-sabong Addiction ‘Forces’ Woman to Pawn Her Child to Repay Debt
March 17, 2022
E-sabong has long been one of the most popular activities in the Philippines and the pandemic really highlighted the need for mor...
PH NFT developers seek gov’t tax regulation
March 16, 2022
Filipino developers and players in the rapidly growing NFT (non-fungible tokens) agreed that the industry must be regulated, incl...
LRWC said $40m share sale to finance online growth, expansion plans
March 10, 2022
Leisure & Resorts World Corp (LRWC) said it plans to use the proceeds from a PHP2.1 billion ($40 million) share sale to finan...
Megaworld 2021 profit gains 36%, with resorts arm rebounding
March 10, 2022
Megaworld, a Philippines property developer, said its 2021 net income rose 36 percent with its hospitality arm showing a strong r...
Melco Resorts & Entertainment: Returning Consumers May Begin A Recovery
March 10, 2022
SummaryThe Covid-19 pandemic and ensuing lockdown wreaked havoc on the resorts and casinos industry.
With the return of the pr...
Manila IRs see GGR grow 20% to US$1.53 billion in 2021
March 4, 2022
Total gross gaming revenue from the Philippines’ licensed casinos climbed 18.4% year-on-year to Php88.36 billion (US$1.72 billi...