04/22/16 Concerns about an oversupply of casinos in Manila Bay Philippine casino tycoon Enrique Razon Jr. believes casinos in the area are sprouting ‘too fast.’
04/11/16 The World Bank wants a stricter regulation for Philippine casinos All casinos in the Philippines must be covered by anti-money laundering legislation, said the World Bank.
04/05/16 New witnesses summoned for US$81M cyber heist probe Senator Teofisto Guingona III invited a number of witnesses to testify before the Senate after Kim Wong shed some light on the investigation and returned a portion of the stolen funds.
03/30/16 More on the trail of the stolen Bangladeshi funds Kam Sin Wong, a Chinese junket operator who testified before the Philippine Senate revealed the names of a Beijing resident and a Macau resident who may be key in the case.
03/15/16 AMLC determined to regulate casinos under anti-money laundering law After US$81 million of supposedly laundered funds ended up in Philippines, the Anti Money Laundering Council is convinced casinos should be covered by the anti-money laundering law.
03/04/16 Pagcor requires casinos to tighten its internal controls The Philippine Amusement and Gaming Corp issued a warning intended to remind casino operators to optimise its policies on funds movements and issuances of playing chips.
