08/24/21 PH Resorts raises US$11.9m to complete Emerald Bay project PH Resorts has raised nearly PHP599.2m (US$11.9m) after its parent firm Udenna Corp. sold 352 million shares.
08/24/21 Manila eases restrictions but casinos remain closed Although authorities have eased Covid-19 countermeasures in Metro Manila, casinos remain closed.
08/24/21 Goa casinos to remain closed for another week Authorities in Goa have confirmed current countermeasures will remain in place until August 30 although the curve of new Covid-19 cases has started to decline.
08/23/21 Paradise Casino Walkerhill in Seoul closes for 24 hours The casino operator Paradise Co has announced the closure of its venue in Seoul for 24 hours although it hasn’t confirmed if the closure is related to the Covid-19 pandemic.
08/20/21 Manila to ease Covid-19 restrictions from August 21 Authorities have announced Manila will be under the modified enhanced community quarantine (MECQ) from August 21 until the end of the month.
08/20/21 Singapore to allow quarantine-free entries from Hong Kong and Macau The government in Singapore has announced that people coming from Hong Kong and Macau will not be required to undergo a 14-day quarantine.
08/19/21 PH Resorts to raise US$11.9m to complete Emerald Bay project The gaming company PH Resorts has announced it will raise nearly PHP599.2m (US$11.9m) from a subscription transaction involving parent firm Udenna Corp.
08/19/21 Philippines: DFNN reports GGR of US$2m for Q2 DFNN Inc has posted PHP99.9m (US$2m) in gross gaming revenue (GGR) and a net loss of PHP44m (US$872,796) for the second quarter of the year.
08/18/21 Genting Malaysia likely to reopen in November, analysts say Maybank Investment Bank has predicted that Genting Malaysia’s Resort World Genting won’t reopen its doors until November due to a rise in Covid-19 cases.
08/18/21 LRWC profits down 54% in Q2 LRWC has shared its financial results for the second quarter of the year, reporting gross profits of PHP171.74m, down 54 per cent when compared to the first quarter.
08/18/21 Singapore to reach 80% vaccination rate by September, analysts say Analysts predict Singapore will have 80 per cent of its population fully vaccinated against Covid-19 by September, which could lead to an easing of restrictions and the end of reduced capacity limits at Genting Singapore.
08/18/21 MJC Investments gaming revenue drops 68.6% in Q1 MJC Investments Corp has reported a fall in gaming revenue of 68.6 per cent year-on-year for the first three months of the year, from PHP116.9m to PHP36.7m.
08/17/21 PH Resorts posts loss of US$3.5m for H1 PH Resorts Group Holdings saw a comprehensive loss of PHP175.5m (US$3.5m) for the six first months of the year.
08/17/21 PAGCOR to investigate Suncity over client deposits PAGCOR will investigate Suncity Group over claims the company failed to return some player deposits.
