GGRAsia – Philippines

Banyan Tree-brand hotel breaks ground at Hann Reserve

Dec 04, 2023 Newsdesk Latest News, Philippines, Top of the deck

Hann Resorts, the master brand of the Hann Reserve leisure property at Clark in the Philippines, says a Banyan Tree-branded hotel broke ground on Friday at the complex. Hann Reserve’s Phase...

Philippines committed to exit FATF grey list: AML Council

Dec 04, 2023 Newsdesk Latest News, Philippines, Top of the deck

The Philippines’ Anti-Money Laundering Council (AMLC) says the country’s government has “reaffirmed its steadfast commitment to bolstering the effectiveness” of the nation’s anti-money...

Philippine 2023 GGR likely 5pct up on 2019: consultancy

Nov 30, 2023 Newsdesk Latest News, Philippines, Top of the deck

Philippine gross gaming revenue (GGR) could be “US$5.0 billion to US$5.2 billion” for full-year 2023, says industry consultancy GCG Gaming Advisory Services Pty Ltd. Anything toward the top of...

Kazuo Okada properly removed from IR op: Philippine court

Nov 28, 2023 Newsdesk Latest News, Philippines, Top of the deck

Japan’s Universal Entertainment Corp, the founding parent of the Okada Manila casino resort in the Philippines, says the Philippine Supreme Court has “lifted” a “status quo ante”...

Pagcor tops 99pct in govt agencies annual evaluation

Nov 27, 2023 Newsdesk Industry Talk, Latest News, Philippines

State-run Philippine Amusement and Gaming Corp (Pagcor), the country’s gaming regulator, says it has “received formal recognition” from the nation’s Governance Commission for Government-Owned...

Philippines 3Q industry GGR US$1.03bln, up 15pct y-o-y

Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck

The Philippine casino sector produced gross gaming revenue (GGR) of PHP56.85 billion (US$1.03 billion) in the third quarter, a slight increase from PHP56.61 billion in the preceding quarter. The...

Newport World Resorts to introduce table games to PIGO ops

Nov 20, 2023 Newsdesk Latest News, Philippines, Top of the deck

The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of...

Newport World op has 3Q loss, net rev up 28pct y-o-y

Nov 15, 2023 Newsdesk Latest News, Philippines, Top of the deck

The third-quarter net loss attributable to the owners of Travellers International Hotel Group Inc, which runs the Newport World Resorts casino and leisure complex (pictured) in the Philippine capital...

Bloomberry 3Q profit up 19pct y-o-y, down 46pct q-o-q

Nov 07, 2023 Newsdesk Latest News, Philippines, Top of the deck

Philippines-listed Bloomberry Resorts Corp reported net income attributable to shareholders of nearly PHP1.86 billion (US$33.2 million) for the third quarter of 2023, a year-on-year rise of 19.2...

Casino Filipino upgrade to yield US$321mln in 5 yrs: Tengco

Nov 05, 2023 Newsdesk Latest News, Philippines, Top of the deck

Alejandro Tengco (pictured), chairman and chief executive of state-run Philippine Amusement and Gaming Corp (Pagcor), says an upgrade to its Casino Filipino chain of land-based venues might...