GGRAsia – Philippines

Philippines

G2E Asia to have Philippines edition in December

Jun 24, 2019 Newsdesk Industry Talk, Latest News, Macau, Philippines, Top of the deck

An organiser of Global Gaming Expo (G2E) Asia, a casino industry conference and trade exhibition that has been held annually in Macau since its inception in 2007, says that this year there is to be...

Quezon mayor-elect vows to push for gambling ordinance

Jun 17, 2019 Newsdesk Latest News, Philippines, Top of the deck

Quezon City mayor-elect Joy Belmonte said the ordinance that will regulate casino operators and require residents to pay an entry fee to any gaming venue in the city might be implemented in her term...

Melco Int 2018 dividend nod, seeks new independent director

Jun 14, 2019 Newsdesk Latest News, Macau, Philippines, Top of the deck, World

Shareholders of global casino investor Melco International Development Ltd have approved a final dividend for 2018. The decision was ratified at the annual general meeting on Thursday. Melco...

Okada Manila May GGR down 6.7pct as VIP dips 38pct

Jun 13, 2019 Newsdesk Latest News, Philippines, Top of the deck

Japanese gaming company Universal Entertainment Corp says preliminary figures show that its Okada Manila casino resort (pictured) in the Philippines recorded gross gaming revenue (GGR) of just over...

Quezon City Council nods US$30 casino levy for locals

Jun 11, 2019 Newsdesk Latest News, Philippines, Top of the deck

The Quezon City Council in the Philippines has passed a regulatory ordinance covering gambling operations in the city. It includes a provision that city residents should pay a PHP1,500 (circa US$30)...

Kidnap risk of casino play loan sharks: Philippine govt

Jun 10, 2019 Newsdesk Latest News, Philippines, Top of the deck

The Philippine National Bureau of Investigation (NBI) has warned that people gambling at the country’s casinos should be wary of people not linked to casino managements that approach them...

JCM shifts some manufacturing from China to Philippines

Jun 10, 2019 Newsdesk Industry Talk, Latest News, Philippines, Top of the deck

Japan Cash Machine Co Ltd, known as JCM Global, says it will shift to the Philippines some of the manufacturing that currently takes place in mainland China, Kyodo News reports. The Japanese news...

Junket told no Philippine income tax refund: report

Jun 10, 2019 Newsdesk Latest News, Philippines, Top of the deck

A Philippine court has ruled that a particular entity reported to be linked to casino junket operations in that country was not entitled to a refund on 30 percent corporate income tax paid at source,...

Melco Resorts Philippines delisted Tuesday from PSE: firm

Jun 10, 2019 Newsdesk Latest News, Philippines, Top of the deck

Philippine casino operator Melco Resorts and Entertainment (Philippines) Corp will be delisted from the country’s stock exchange with effect from Tuesday (June 11). The company confirmed the fact...

Aruze Gaming CEO Takahiro Usui leaving firm

Jun 10, 2019 Newsdesk Japan, Latest News, Philippines, Top of the deck, World

Takahiro Usui (pictured), chairman and chief executive of gaming equipment supplier Aruze Gaming America Inc, and a business associate of the brand’s founder Kazuo Okada, is to resign with effect...