• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Manila casinos back maybe mid-June: Union Gaming

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


Manila casinos back maybe mid-June: Union Gaming

Reopening of Manila casinos “could be on the horizon,” possibly around June 15, suggested a Friday memo to investors from Union Gaming Securities LLC.

Analysts John DeCree and Sam Ghafir gave the commentary in the context of the first-quarter results of Japan’s Universal Entertainment Corp, parent of Okada Manila, one of the new generation of large-scale private-sector casino resorts in Metro Manila’s Entertainment City, designed to appeal to international customers as well as local ones.

“President [Rodrigo] Duterte announced he could begin easing some restrictions on June 1 that would allow gatherings of up to 10 people and any businesses or shops that can adhere to the 10 person capacity,” noted Union Gaming.

“This would likely preclude casino resorts, which would possibly have the opportunity to open around June 15,” the institution’s analysts added.

It emerged in local media reports on Monday that the anti- Covid-9 lockdown in Metro Manila (pictured) was being eased somewhat for the second time in fewer than three weeks.

The lockdown in place since mid-March has led to the temporary closure of the Entertainment City casinos. The measure started as what is known locally as enhanced community quarantine, was then tweaked in mid-May to a “modified enhanced community quarantine”. That has now shifted to a general community quarantine.

But there was no word specifically on the status of Manila’s casinos. On Monday the respective websites of the Entertainment City properties said only that the shutdowns were ongoing.

Last week a senior executive at City of Dreams Manila confirmed to GGRAsia that it, like market rival Solaire Resort and Casino, would eventually restart with reduced gaming operations for health and safety reasons once the Covid-19 lockdown is lifted.

In mid-May, Nomura Group said in commentary that Solaire’s operator Bloomberry aimed to “restart approximately 20 percent of its gaming capacity once the lockdown is lifted” in Metro Manila, “but this will greatly depend on the government allowing casinos to operate.” The institution was echoing comments made to local media in April by Enrique Razon, the chairman of Bloomberry, who had referred to the need for physical distancing.


  • tweet
Related articles
  • Nascent gaming recovery, challenges remain: Genting boss
    Nascent gaming recovery, challenges...

    Apr 07, 2021  

  • China bans travel for 89, says some had overseas bet links
    China bans travel for 89, says some had...

    Apr 06, 2021  

More news
  • Jeju Lotte casino shut, ready for permit swap to Dream Tower
    Jeju Lotte casino shut, ready for...

    Apr 09, 2021  

  • GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s
    GEN Sing 2022 EBITDA to be below 2019...

    Apr 09, 2021  


Latest News

Jeju Lotte casino shut, ready for permit swap to Dream Tower

Jeju Lotte casino shut, ready for permit swap to Dream Tower

Apr 09, 2021  

Lotte Tour Development Co Ltd has closed its Jeju Lotte Tour Casino on the southern coast of the South Korean holiday island of Jeju, with effect from Friday morning. That was in preparation for...
Read More
GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

Apr 09, 2021  

Guangdong urges cross-border bet criminals to surrender

Guangdong urges cross-border bet criminals to surrender

Apr 09, 2021  

Lawrence Ho awarded US$10mln in Melco Resorts shares

Lawrence Ho awarded US$10mln in Melco Resorts shares

Apr 09, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


110,000

Total number of suspects "apprehended" by Chinese police since 2020 as part of its anti- cross-border gambling operations



Most Popular

  • GEN Malaysia may deleverage within 2 years says FitchGEN Malaysia may deleverage within 2 years says Fitch April 7, 2021
  • Macau daily visit volume down 17pct m-o-m for April 2 to 6Macau daily visit volume down 17pct m-o-m for April 2 to 6 April 8, 2021
  • Moody’s expects MGM, Wynn to pursue large IR development Moody’s expects MGM, Wynn to pursue large IR development  April 8, 2021
  • China bans travel for 89, says some had overseas bet linksChina bans travel for 89, says some had overseas bet links April 6, 2021
  • Studio City new water park launches May 22: MelcoStudio City new water park launches May 22: Melco April 1, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us