Tag Archives Manila

Manila casino authorization for International Entertainment Corporation

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Following many months of negotiations and Asian hotel and leisure operator International Entertainment Corporation has reportedly announced that it has finally received conditional approval to transform one of its Philippines properties into a full-scale integrated casino resort. According to a Tuesday report from G3Newswire, the Hong Kong-listed firm revealed that its Marina Square Properties ...

Manila integrated casino resorts may soon be allowed to partially re-open

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The Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly announced that some of Manila’s giant integrated casino resorts may soon be allowed to partially emerge from their coronavirus-induced shutdowns. According to a report from GGRAsia, the capital city’s four large gambling-friendly properties have been shuttered since March 15 but could now be permitted ...

Manila set to ease its coronavirus-related lockdown

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In the Philippines and President Rodrigo Duterte (pictured) has reportedly announced that the coronavirus-induced lockdown of metropolitan Manila is to be relaxed from tomorrow in an attempt to help jump-start the important region’s faltering economy. According to a report from Inside Asian Gaming, the 75-year-old leader placed his nation’s largest conurbation as well as ...

City of Dreams Manila records second-quarter loss of almost $50 million

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Asian casino and entertainments giant Melco International Development Limited has reportedly announced that its City of Dreams Manila facility racked up a second-quarter loss of nearly $50 million due to the impact of the coronavirus pandemic. According to a Sunday report from Inside Asian Gaming, the Hong Kong-listed firm is responsible for the 938-room ...

Metropolitan Manila casinos to remain shuttered until at least August 15

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Casinos and other gambling establishments in metropolitan Manila are reportedly set to remain shuttered until at least August 15 after the federal government extended the giant conurbation’s ‘general community quarantine’ order due to the ongoing coronavirus pandemic. According to a report from GGRAsia, the Philippines capital region was put under lockdown from March 15 ...

Manila to remain in coronavirus-induced lockdown until the end of the month

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In the Philippines and President Rodrigo Duterte has reportedly responded to a recent local spike in the prevalence of coronavirus by extending the lockdown program for metropolitan Manila by a further two weeks. According to a Wednesday report from the Reuters news service, Manila was put under a partial quarantine order on March 15 ...

International Entertainment Corporation reveals Manila casino plan

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Asian hotel and leisure operator International Entertainment Corporation has reportedly informed investors that one of its subsidiaries is hoping to be given permission to bring an integrated casino resort to the Philippines capital of Manila. According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official filing to detail that ...

Okada Manila closure hurting parent Universal Entertainment Corporation

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Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly detailed that it expects to record comparable drops in its net income and aggregate sales for the twelve months to the end of the year. According to a report from Inside Asian Gaming, the Tokyo-listed firm used an official filing to explain ...

Philippines extends temporary Manila casino closure order nationwide

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Only two days after ordering all of the casinos in metropolitan Manila to close and authorities in the Philippines have now reportedly extended this temporary shuttering to encompass gambling venues nationwide. According to a report from Inside Asian Gaming, the move came only hours after Philippines President Rodrigo Duterte widened the scope of the ...

Record December visitor and revenue figures for Okada Manila

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In the Philippines and local casino operator, Tiger Resort Leisure and Entertainment Incorporated, has reportedly revealed that its Okada Manila property recorded a 76% increase year-on-year in December gross gaming revenues to $91.14 million. According to a report from Inside Asian Gaming, the Manila-listed firm used an official Wednesday filing to detail that the ...

Xixiang Luo of China wins Asian Poker Tour Championships Event while APT signs new deal with Resorts World Manila

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The Asian Poker Tour (APT) has been quite busy as of late, finishing up tournament events and signing new contract deals. The APT Philippines II 2019 Championships Event has finished up with Xixiang Luo of China earning the first-place win. The win marked the first time Lou even earned a major APT title. At ...

PAGCor disputes Casino Filipino Manila Bay debt allegations

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The Philippines’ state-owned gaming regulator has reportedly rubbished claims that its Casino Filipino Manila Bay facility had run up aggregated debts of over $41.35 million in the five years to the end of 2018. Mistaken identity: According to a Wednesday report, the Philippine Amusement and Gaming Corporation (PAGCor) responded to the allegation from the ...