06/02/20 Bloomberry sued again by Bangladesh Bank The resorts and hotels operator has been sued in the United States along with 16 other companies over a USD$81 million heist in 2016.
06/02/20 Suncity Group increases stake in Philippines developer The agreement for almost US$145 million in convertible bonds will provide funding for the hotel and casino at Westside City Resorts World in Manila.
05/29/20 City of Dreams Manila preparing to reopen City of Dreams Manila has begun preparing for a soft reopening of its venue by setting up free Covid-19 testing for all staff members.
05/26/20 Okada Manila to cut more than 1,000 employees Operator lays off staff as a result of the Covid-19 pandemic and the forced casino closure in the country.
05/25/20 Duterte to reassess lockdown measures Businesses including casino operators optimistic the easing of restrictions could come soon.
05/25/20 PAGCOR publishes reopening guidelines Regulator outlines health and safety measures for licensees preparing to reopen post Covid-19 pandemic.
05/25/20 POGOs behind on tax payments Bureau of Internal Revenue says that until payments are met, no POGO will be allowed continue operating in the country.
05/22/20 Non-payment causes APE to cancel lease agreements APE said it will write off an estimated HK$26million (US$3.4million) as a result of not being paid by two firms.
05/21/20 Paid leave for City of Dreams Manila employees Non-management employees were given one month’s paid leave to assist financially during the Covid-19 pandemic.
05/20/20 POGOs playing “significant role” in economic recovery Accredited Service Providers Association of PAGCOR say POGOs are contributing PHP94.7billion (US$1.87billion) to the local economy.
05/19/20 Melco Resorts flight takes Philippine workers home Operator chartered a special flight to take some of its Philippine workers home amid the on-going Covid-19 pandemic.
05/18/20 PhilWeb extends forced leave for 184 employees The company said leave would now continue through to June 15, although this could be brought forward.
05/14/20 Bloomberry net revenue down 13% in Q1 Operator’s consolidated net revenue in Q1 was P9.4 billion with the loss attributed to the impact of Covid-19.
05/13/20 Duterte confirms lockdown extension in Metro Manila Quarantine measures will remain in place for at least another two weeks but the government is keen to restart its economy.
05/12/20 Okada Manila supports lockdown The company told GGRAsia that despite being forced to keep its doors closed, it supported the government’s stance on Covid-19.
