GGRAsia – Philippines

Philippines

China urges Philippines to stop ‘all online gambling’

Aug 22, 2019 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Chinese authorities are urging the Philippines to ban “all online gambling” generated via the Southeast Asian country. Beijing in addition has praised Cambodia for announcing over the weekend...

Special units to curb kidnappings at Manila casinos: police

Aug 21, 2019 Newsdesk Latest News, Philippines, Top of the deck

The Philippine National Police are to deploy at least two special teams to combat casino-related kidnappings in the country’s capital Manila. That is according to a report from local media outlet...

Resorts World Manila op starts tender offer for delist bid

Aug 20, 2019 Newsdesk Latest News, Philippines, Top of the deck

The operator of the Resorts World Manila casino resort (pictured) in the Philippines started on Monday its offer to public shareholders to take the business private, according to an update that day...

Pagcor pauses fresh online permits, joining Cambodia

Aug 20, 2019 Newsdesk Latest News, Philippines, Top of the deck

The Philippines has stopped accepting applications for online gaming licences providing services aimed at offshore customers, report multiple news outlets, citing an announcement from the head of the...

Philippines casino GGR down sequentially in 2Q: Pagcor

Aug 19, 2019 Newsdesk Latest News, Philippines, Top of the deck

The Philippine casino sector produced nearly PHP52.30 billion (US$999.7 million) in gross gaming revenue (GGR) in the second quarter this year, according to data released on Monday by that...

Asia growth in machine management, strong sales: RGB

Aug 19, 2019 Newsdesk Latest News, Philippines, Rest of Asia, Trends & Tech

Malaysia-listed casino equipment maker and supplier RGB International Bhd says it sees opportunities in the Asia-Pacific region for its technical support and management – or “TSM” – business...

Junket Suncity opens VIP club at Resorts World Manila

Aug 16, 2019 Newsdesk Latest News, Philippines, Top of the deck

Macau junket investor Suncity Group says it held a soft opening on Thursday for a VIP club at the Resorts World Manila casino complex, a property close to Manila International Airport. The new VIP...

Travellers offering up to US$165.7mln to go private

Aug 15, 2019 Newsdesk Latest News, Philippines, Top of the deck

Philippine casino operator Travellers International Hotel Group Inc says it is offering public stockholders PHP5.50 (about US$0.11) a share to take the company private. Travellers International told...

Operator of Resorts World Manila means to go private

Aug 14, 2019 Newsdesk Latest News, Philippines, Top of the deck

The board of Philippine casino operator Travellers International Hotel Group Inc says it has agreed to take the company private. The company told the Philippine Stock Exchange in writing on Wednesday...

Suncity proxy immaterial for Bloomberry’s EBITDA: Nomura

Aug 14, 2019 Newsdesk Latest News, Philippines, Top of the deck

Brokerage Nomura says it does not expect Suncity Group’s decision to withdraw from proxy betting to have a significant impact on the results of Philippine casino operator Bloomberry Resorts...