• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Frontier eyes proxy betting at Clark casino: brokerage

Jan 20, 2016 Newsdesk Latest News, Philippines, Top of the deck  


Frontier eyes proxy betting at Clark casino: brokerage

Australia-listed Frontier Capital Group Ltd, which expects to complete this month the acquisition of Hotel Stotsenberg and Casablanca Casino (pictured), is likely to introduce live telephone betting at the casino property in the Clark Freeport Zone, in the Philippines, says a report from Alpha Securities Pty Ltd.

Frontier Capital announced in November it had decided to buy Stotsenberg Leisure and Hotel Corp – the holding firm for the Clark casino hotel – for a total consideration of US$26 million. Frontier Capital plans to introduce a new growth strategy for the Casablanca Casino this year.

“The expansion strategy is multi-faceted, entailing improvement to the gaming area, increasing the number of slot machines and gaming tables, targeting VIP patronage, the introduction of proxy betting to generate new business and improving the standard/frequency of facilities and activities in the Stotsenberg Hotel,” said on Tuesday the report by Australia-based financial consultancy services firm Alpha Securities.

Alpha Securities compiled the report at the request of Frontier Capital.

Frontier Capital has said it plans to increase the number of gaming tables at the Casablanca Casino to 47, while the number of slot machines would increase to 250.

“While citizens of Philippines are not allowed to participate in proxy betting, it is allowed out of Philippines,” said Alpha Securities, adding that such betting could be an attractive source of gaming revenue for Philippines casinos.

Live telephone betting – also known in the industry as proxy betting – would allow players to phone in their bets to a so-called proxy agent present at a table in the resort’s casino.

The report added: “At present, casino operators in Manila … provide the facility to their foreign players via joint venture with proxy betting operators. In Clark, only Fontana provides proxy betting, which is estimated to generate over 50 percent of its revenues from proxy betting and online gaming…”

Fontana Leisure Parks and Casino at Clark Special Economic Zone is part of the interests of Jimei Group, one of Macau’s largest consolidators of gaming promoters.

Frontier Capital’s shareholders will consider the acquisition of Stotsenberg Leisure and Hotel at a general meeting to be held on Thursday. The Australia-listed firm meanwhile on Tuesday filed a new prospectus with the Australian Securities Exchange saying it was removing the proposal to rename itself Fortune Crown Group Ltd.


  • tweet
Related articles
  • Philippine Senate committee supports ban on POGOs
    Philippine Senate committee supports...

    Sep 21, 2023  

  • Premium Leisure net income up 52pct in year to Aug
    Premium Leisure net income up 52pct in...

    Sep 19, 2023  

More news
  • Philippines must up AML to exit FATF grey list says lawmaker
    Philippines must up AML to exit FATF...

    Sep 22, 2023  

  • Londoner Macao’s Harry Potter exhibition to open Dec 15
    Londoner Macao’s Harry Potter...

    Sep 22, 2023  


Latest News

Philippines must up AML to exit FATF grey list says lawmaker

Philippines must up AML to exit FATF grey list says lawmaker

Sep 22, 2023  

The Philippines needs to “exert more diligence” in ensuring “strict enforcement” of anti-money laundering (AML) controls in casino operations, says a national lawmaker. House of...
Read More
Londoner Macao’s Harry Potter exhibition to open Dec 15

Londoner Macao’s Harry Potter exhibition to...

Sep 22, 2023  

Mohegan Inspire 97pct completed, on target for 4Q launch

Mohegan Inspire 97pct completed, on target for 4Q launch

Sep 22, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”This year, so far, we will be starting [revamp] work at Grand Hyatt; then, we are looking at Countdown, and afterwards we will look at Altira and others”

Lawrence Ho

Chairman and chief executive of Melco Resorts



Most Popular

  • Golden Week Macau GGR to be 17pct up on rest of Oct: MSGolden Week Macau GGR to be 17pct up on rest of Oct: MS September 21, 2023
  • Macau logs 3.2mln visitors in Aug, only 4pct from overseasMacau logs 3.2mln visitors in Aug, only 4pct from… September 20, 2023
  • No swift resumption of dividends for most Macau ops: GSNo swift resumption of dividends for most Macau ops: GS September 19, 2023
  • Grand Hyatt MICE revamp before year end: Melco CEOGrand Hyatt MICE revamp before year end: Melco CEO September 21, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us