GGRAsia – Philippines

GEN HK allowed to sell remaining Norwegian Cruise shares

Jun 18, 2018 Newsdesk Latest News, Philippines, Top of the deck

The shareholders of casino ship operator and gaming investor Genting Hong Kong Ltd have approved a resolution giving the firm a mandate for the disposal of its remaining shares in Norwegian Cruise...

Okada fraud cases still weighed: Philippine Justice Sec

Jun 14, 2018 Newsdesk Latest News, Philippines, Top of the deck

Allegations that Japanese gaming entrepreneur Kazuo Okada (pictured) was involved in a US$10-million swindle against Tiger Resort, Leisure and Entertainment Inc, a firm he founded to promote the...

Bloomberry unit buys more stock as patron rewards

Jun 11, 2018 Newsdesk Latest News, Philippines, Top of the deck

Bloomberry Resorts and Hotels Inc, the operator of the Solaire Casino and Resort (pictured) in Manila, the Philippines, spent nearly PHP3.27 million (US$61,500) in Monday market transactions in its...

Work on Quezon casino to start 2019: Bloomberry CEO

Jun 06, 2018 Newsdesk Latest News, Philippines, Top of the deck

Construction of the second Bloomberry Resorts Corp casino property in the Philippines will start next year, the company’s chairman and chief executive Enrique Razon said on Tuesday after the...

Andrew Tan sees son take over as Alliance Global CEO

Jun 05, 2018 Newsdesk Latest News, Philippines, Top of the deck

Andrew Tan (pictured) has resigned as chief executive of Philippine conglomerate Alliance Global Group Inc, with effect from Monday. Alliance Global gave the news in a filing that day to the...

Leisure and Resorts World declares cash dividend

Jun 05, 2018 Newsdesk Latest News, Philippines, Top of the deck

Philippine-based Leisure and Resorts World Corp, which has several interests in the land-based and online gambling sectors, has declared a cash dividend of PHP0.0425 (US$0.00080) per preferred share....

Bloomberry unit completes US$710mln Solaire land buy

Jun 04, 2018 Newsdesk Latest News, Philippines, Top of the deck

A subsidiary of Philippine casino operator Bloomberry Resorts Corp has paid in full the PHP37.33-billion (US$710.8-million) purchase price for two parcels of Manila land that are home to the...

Mood music with Interblock Stadium for player thrills

May 28, 2018 Newsdesk G2E Asia 2018, Latest News, Philippines, Rest of Asia

Interblock DD, a specialist in the supply of casino electronic table games (ETGs), has updated its Interblock Stadium product to add ‘mood’ music for different phases of the table games that can...

Okada cleared in fraud, perjury complaints in Philippines

May 28, 2018 Newsdesk Latest News, Philippines, Top of the deck

Prosecutors in Parañaque City and Makati respectively, in the Philippines, have dropped fraud and perjury complaints against Japanese billionaire entrepreneur Kazuo Okada (pictured). The complaints...

Leisure and Resorts World Corp 1Q profit down 70 pct

May 18, 2018 Newsdesk Latest News, Philippines, Top of the deck

Philippines-based Leisure and Resorts World Corp – which has several interests in the land-based and online gambling sectors – reported group-wide gross gaming revenue of PHP3.86 billion (US$73.7...