07/19/24 AGI to invest US$1.29bn to support growth initiatives Alliance Global Group aims to boost growth across its real estate, hospitality and restaurant sectors.
07/18/24 Iloilo City bans offshore gaming amid concerns over crime and security The resolution bans offshore gaming operators and their local gaming agents.
07/17/24 PAGCOR opposes total ban on online gaming PAGCOR’s chairman and CEO said the government could lose up to PHP40bn (US$685.5m) in tax revenues.
07/17/24 Manuel Villar Jr. says his first casino in the Philippines could open next year The Filipino businessman has plans for two IRs.
07/16/24 Buildings seized from illegal gambling operators to be used by government, PAOCC says Seized buildings have been repurposed following civil forfeiture cases.
07/12/24 Philippine court orders asset freeze on suspended mayor Alice Guo The freeze order covers 90 bank accounts across 14 financial institutions.
07/12/24 PH Resorts reportedly in talks with various investors over Emerald Bay The company said there are no executed agreements to finish the project.
07/12/24 Genting Malaysia unit redeems US$276.9m in medium-term notes GENM Capital has completed an early redemption of over half of a 2015 issuance.