05/24/17 Philippine firm raises millions to build casino Udenna Corporation has reportedly raised more than US$80 million to build a casino resort in Mactan.
05/23/17 MGM not interested in the Philippines MGM’s Senior VP said that the Philippines market is oversaturated and that they won’t pursue a casino there.
05/19/17 Philippines market continues to grow The gaming sector in the Philippines is becoming one of the most profitable markets in Asia, analysts report.
05/10/17 PAGCOR to issue new offshore online licenses PAGCOR has introduced a new class of gambling license for operators that provide betting on sports in markets regulated by foreign bodies.
05/08/17 Philippines to sell PAGCOR-run casinos The government plans to get rid of its state run corporation’s casinos before 2018, Finance Secretary Carlos Dominguez III confirmed.
05/05/17 Udenna Corp to open a casino on Cebu Philippines president Duterte’s financier has received a PAGCOR license to establish a US$300 million casino on Mactan Island.
05/02/17 PAGCOR addresses PEZA’s resolution PAGCOR has released new BPOs after PEZA’s prohibition of iGaming services in its buildings.
04/28/17 Philippines confirms iGaming ban The gaming ban on PEZA’s accredited buildings has taken effect with the approval of the government of Philippines.
04/27/17 Pagcor increases net incomes during Q1 The state-run gaming corporation announced a 26.5 percent increase in net income revenues during the first quarter of 2017.
04/26/17 City of Dreams denies expansion A casino investor had said that there was a possibility to expand the casino venture, but officials denied any relation with the claims.
04/24/17 PEZA won’t allow iGaming operations in its buildings PEZA is soon to ban online gambling operations at its accredited buildings all across the Philippines.
04/21/17 Baha Mar to host a soft opening today The Bahamas casino Baha Mar will be celebrating a soft opening of the definitive casino today.
04/21/17 Bloomberry to develop casino in early 2018 The original plan to develop a casino in 2017 had to be rescheduled due to unsettled legal procedures.
04/17/17 Philippines won’t issue new casino licenses In order to protect current operators in the area, PAGCOR won’t release new casino licenses in Manila for the next five years.
03/28/17 Philippines to probe gaming finance Philippines will insist on controlling the economic structure of gaming and casino business to avoid possible money laundering.
