GGRAsia – Philippines

Suntrust gets OK for unit handling hotel, tourism biz

Jan 20, 2021 Newsdesk Latest News, Philippines, Top of the deck

The Philippines’ Securities and Exchange Commission (SEC) has certified the incorporation of a subsidiary of Suntrust Home Developers Inc that will handle the group’s hotel and other...

Suncity Macau VIP roll 20pct of pre-Covid level: GS

Jan 12, 2021 Newsdesk Latest News, Macau, Philippines, Rest of Asia, Top of the deck

Privately-held casino junket business Suncity Group has “so far” only seen its rolling chip volume recover to “approximately 20 percent of pre Covid-19 levels in Macau,” says a Monday memo...

Hoiana Phase 2 to start this year says Suncity brand

Jan 06, 2021 Newsdesk Japan, Latest News, Philippines, Rest of Asia, Top of the deck

Privately-held Macau junket investor Suncity Group said in a Tuesday press release that Hoiana (pictured in an artist’s rendering), a Vietnam casino resort that launched last year, would see a...

Rich Goldman lands role in Solaire Manila VIP room, Jan 1

Dec 31, 2020 Newsdesk Latest News, Philippines, Top of the deck

Hong Kong-listed casino junket promoter Rich Goldman Holdings Ltd says it completed on Wednesday a deal for a company joint venture to introduce players to a VIP room at Solaire Resort and Casino...

Metro Manila, thus Entertainment City, in GCQ to Jan 31

Dec 29, 2020 Newsdesk Latest News, Philippines, Top of the deck

Metro Manila, home to the Entertainment City zone of large-scale, private-sector casino resorts, will remain under so-called general community quarantine (GCQ) until January 31 next year, said on...

Casino op Bloomberry gets extra US$400mln loan facility

Dec 23, 2020 Newsdesk Latest News, Philippines, Top of the deck

Two units of Philippine group Bloomberry Resorts Corp, an operator and developer of casino complexes, have negotiated with banks an additional loan facility amounting to PHP20 billion (US$416...

Udenna stake in casino firm PH Resorts upped to 87pct

Dec 16, 2020 Newsdesk Latest News, Philippines, Top of the deck

Philippine conglomerate Udenna Corp has upped to 86.59 percent from 82.28 percent its interest in casino developer PH Resorts Group Holdings Inc. The information was confirmed by the latter company...

Kevin Benning starts new senior role at Studio City, Macau

Dec 11, 2020 Newsdesk Latest News, Macau, Philippines, Top of the deck

Studio City International Holdings Ltd, the controlling entity of Macau casino resort Studio City, confirmed on Thursday that Kevin Benning had taken on, with effect from that day, the role of senior...

Pagcor boss affirms some Ent City casinos have PIGO permits

Dec 09, 2020 Newsdesk Latest News, Philippines, Top of the deck

The head of the Philippine casino regulator has confirmed that three of Manila’s Entertainment City gaming resorts are among venues approved to offer online gaming to domestic players via their...

Emerald Bay topped off, backer gets fresh US$59mln pledge

Dec 07, 2020 Newsdesk Latest News, Philippines, Top of the deck

PH Resorts Group Holdings Ltd, the promoter of Emerald Bay, an under-construction casino resort in Cebu, in the Philippines, stated in a press release issued on Monday, that it had completed all the...