GGRAsia – Philippines

Hotel at NUSTAR resort in Robinsons US$178mln for tourism

Oct 03, 2024 Newsdesk Latest News, Philippines, Top of the deck

Philippine conglomerate Robinsons Land Corp said in a Thursday filing that one of its units would add an “ultra-luxury” NUSTAR-branded hotel to “complete” NUSTAR Resort and Casino, a Cebu...

International Entertainment posts 12-mth loss of US$17mln

Sep 26, 2024 Newsdesk Latest News, Philippines, Top of the deck

Hong Kong-listed International Entertainment Corp reported a loss attributable to its owners of just under HKD132.0 million (US$17.0 million) for the 12 months to June 30 this year. That compares...

FBM to invest US$10mln to build software hub in Manila

Sep 25, 2024 Newsdesk Industry Talk, Latest News, Philippines

FBM, a supplier of electronic gaming machines including casino slots, says it will invest US$10 million to build a new “software house” in the Philippine capital, Manila. The announcement was...

RGB launches Kuala Lumpur showroom, Manila delayed to 4Q

Sep 20, 2024 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Malaysia-based casino electronic games and services supplier RGB International Bhd has launched a new showroom in the country’s capital, Kuala Lumpur. The company held an opening ceremony...

Licensed POGOs agree to shut down operations: govt

Sep 20, 2024 Newsdesk Latest News, Philippines, Top of the deck

The 41 offshore online gaming operators licensed by the Philippine Amusement Gaming Corp (Pagcor) have expressed their intention to shut down operations still within this year, said on Thursday the...

E-games maybe US$357mln tax harvest for Philippine govt

Sep 13, 2024 Newsdesk Latest News, Philippines, Top of the deck

The electronically-delivered games segment in the Philippines – referred to as e-Games – could contribute as much as PHP20 billion (US$356.9 million) in franchise tax this year to the country’s...

Philippine govt ready to support 27k local POGO workers

Sep 12, 2024 Newsdesk Latest News, Philippines, Top of the deck

The Philippine Department of Labor and Employment has said that nearly 27,000 Filipinos working in legal online offshore gaming operators in the country will be affected by the ban on the...

Charter amendments to delay Pagcor casinos sale to 2026

Sep 12, 2024 Newsdesk Latest News, Philippines, Top of the deck

Privatisation of gaming venues under the Casino Filipino brand owned by the Philippine Amusement and Gaming Corp (Pagcor), the country’s regulator, is now expected to start in 2026, not mid-2025,...

Bloomberry confirms land for new casino project in Cavite

Sep 11, 2024 Newsdesk Latest News, Philippines, Top of the deck

Philippines-based casino operator Bloomberry Resorts Corp has confirmed that it is in the final stages of acquiring a plot of land for a new casino resort project in Paniman, a coastal community in...

Pagcor to reduce rates charged on GGR from January

Sep 11, 2024 Newsdesk Latest News, Philippines, Top of the deck

National gaming regulator the Philippine Amusement and Gaming Corp (Pagcor) is set to reduce further the gross gaming revenue (GGR) remittance rate for online and on-site betting platforms, starting...