GGRAsia – Philippines

FBM cash sent via Pagcor to help Philippines on Covid-19

Apr 02, 2020 Newsdesk Industry Talk, Latest News, Philippines

FBM, a maker of casino slot machines and an international specialist in electronic bingo machines with a strong presence in the Philippines, has donated PHP20 million (US$393,000) to four public...

Covid-19 might lead resort tenants to fail to pay rent: Melco

Apr 01, 2020 Newsdesk Latest News, Macau, Philippines, Top of the deck

Hong Kong-listed Melco International Development Ltd says one risk associated with the ongoing Covid-19 outbreak is casino resort tenants failing to fulfil their respective rent payments. The warning...

Pagcor says losing monthly up to US$118mln on casino pause

Apr 01, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Philippine Amusement and Gaming Corp (Pagcor), the casino regulator in that country, says it is “losing” up to US$118 million per month due to the “enhanced community quarantine” imposed...

Genting HK narrows annual loss in 2019, warns on 2020 biz

Mar 30, 2020 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

Genting Hong Kong Ltd, a casino cruise ship operator and investor in a Philippine casino resort, said it greatly narrowed its annual loss in 2019. Such loss was just under US$151.5 million, compared...

Pagcor flags coronavirus effort as calls for junket restart

Mar 24, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Philippine Amusement and Gaming Corp (Pagcor) has announced a number of donations and initiatives either by the regulator or its licensed private-sector casino operators, while also calling for a...

U.S. court dismisses case against Bloomberry unit: filing

Mar 23, 2020 Newsdesk Latest News, Philippines, Top of the deck, World

A court in the United States has dismissed a civil legal case filed against a unit of Philippine-based casino developer Bloomberry Resorts Corp. The case against Bloomberry Resorts and Hotels...

Pagcor suspends POGO operations on Luzon

Mar 19, 2020 Newsdesk Latest News, Philippines, Top of the deck

The Philippine gaming regulator said on Wednesday it had ordered the temporary suspension of many online gaming business aimed at foreign customers as part of the country’s efforts to stop the...

Stotsenberg Hotel at Clark open despite casino closure

Mar 18, 2020 Newsdesk Latest News, Philippines, Top of the deck

The owner of a casino hotel in Clark, on Luzon island in the Philippines, said in a Wednesday filing that its accommodation business was still running despite the month-long ban on bricks and mortar...

Pagcor says Philippine casinos now suspended nationwide

Mar 18, 2020 Newsdesk Latest News, Philippines, Top of the deck

All gaming establishments in the Philippines have now “been ordered to suspend operations,” the country’s gaming regulator confirmed in an emailed statement to GGRAsia on Tuesday. The measure...

Manila ops say casino closures, lockdown to hit business

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

Three Philippine-listed investors in major Manila casino resorts said in respective filings on Monday they expected their business would be negatively affected by the national gaming regulator’s...