11/04/20 PAGCOR clears 3 operators to take online bets Integrated resorts had asked to be able to take online wagers from known customers in a bid to aid recovery from the impact of the pandemic.
11/03/20 Court rules in favour of Waterfront in IR case The company could become the fifth integrated resort operator in the Philippines, joining Bloomberry, Melco, Okada Manila and Travellers International.
10/30/20 Emerald Bay expects to break even in 7 years PH Resorts is confident that the “thrill” factor will lure Asian gamblers to the property it expects to open in 2021.
10/29/20 Okada Manila promoter appoints new president Tiger Resort, Leisure and Entertainment Inc. has announced changes on its board, with Byron Yip as new president.
10/29/20 Philippines could tax online cockfighting events The measure seeks to impose a tax of 5 per cent on gross revenues gained from offsite betting activities on locally licensed games.
10/28/20 PAGCOR income from gaming down 60% The Philippines casino regulator has reported a 60 per cent fall in income from gaming operations in the first nine months of 2020.
10/27/20 Philippines VP: “Chinese affluence poses threat” VP Leni Robredo has warned that 27,678 Chinese tourists are seeking permanent residency as retirees despite not being old enough.
10/23/20 Belle Corp net income plunges 96.4% The developer, which has an interest in City of Dreams Manila, has reported a fall in net income.
10/23/20 PH Resorts to raise US$15m for Emerald Bay complex The Philippines-listed gaming company has received the green light to raise funds to complete the first phase of the project.
10/22/20 More POGO workers leave Subic Bay About 85 per cent of the Chinese workers hired by POGOs in the freeport area have been retrenched since March.
10/19/20 PH Resorts sets price for a follow-on offering The gaming company has set the price for a follow-on offering as part of fundraising to complete its Emerald Bay project.
10/19/20 Widus Group pushes casino opening to 2021 The US$247m project in the Philippines’ Clark Freeport Zone has been delayed by the pandemic.
10/19/20 PAGCOR says POGOs must pay new tax Rodrigo Duterte’s government has approved a new economic relief package that changes the way POGOs are taxed.
10/15/20 PAGCOR could legalise online cockfighting Andrea Domingo has said the regulator may establish a mechanism for streaming sabong events in authorised arenas.
