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Bloomberry posts lower Q2 net income

Earnings of Bloomberry Resorts Corp slumped by 17% in the second quarter of 2018, as the company incurred losses from its operations in South...

City of Dreams operator’s revenue flat in Q2

The operator of integrated resort and casino City of Dreams Manila reported flat revenue growth for the second quarter of 2018, weighed down by...

Dennis Uy-led firm shifting to resorts and gaming business

THE shareholders of Philippine H2O Ventures Corp. have approved on Monday the change in the company’s name to PH Resorts Group Holdings, Inc., paving the way for its shift to the resorts and gaming businesses.

DoJ asked to reopen Okada estafa cases

By Dane Angelo M. Enerio Tiger Resort, Leisure and Entertainment, Inc. (TRLEI), owner of casino resort Okada Manila, has asked the Department of Justice (DoJ)...

Okada estafa cases dropped for lack of probable cause

THE Office of the City Prosecutor of Parañaque City has dismissed for lack of probable cause the two separate estafa cases filed by Tiger Resort Leisure and Entertainment, Inc. (TRLEI) against Japanese gambling mogul Kazuo Okada and several other respondents.

Razon’s Bloomberry set to start building QC casino by 2019

BLOOMBERRY Resorts Corp. looks to start construction on its casino project in Quezon City by 2019, as it targets the mass market in the north.

Duterte sacks OGCC head during speech

President Rodrigo R. Duterte in his speech on Monday, May 28, lashed out and sacked the head of the Office of the Government Corporate...

Palace insists ‘no new casino’ in Boracay; PAGCOR permits China firm...

By Arjay L. Balinbin, Reporter "No new casino will rise in Boracay," Presidential Spokesperson Herminio Harry L. Roque, Jr. said on Wednesday, April 11, despite...

Filinvest building $200-million integrated casino-resort

The Gotianun family became the latest group to venture into the booming gaming sector after securing a license to build a $200-million integrated casino...

Bloomberry earnings soar 161%

Bloomberry Resorts Corp. saw its profits soar by 161% in 2017, driven by record gaming volumes at Solaire Resort and Casino. In a regulatory filing,...

Coming soon to your favorite casino: cryptocurrencies

Chips turning into Bitcoin is NOT an impossibility.

LRWC defends Boracay project

LEISURE AND RESORTS World Corp. (LRWC) on Monday defended its $550-million Boracay resort project, saying it is not a mega casino. In a statement, LRWC said...

Resorts World operator’s 2017 revenues fall 23%

The owner and operator of Resorts World Manila generated P21.1 billion in revenues in 2017, noting that gaming activities in the casino have picked...

LRWC: Boracay resort not a ‘mega casino’

Leisure and Resorts World Corp. (LRWC) clarified on Monday, March 26, that the $500-million Boracay resort it will be developing is not a mega...

PLC profit jumps 83% on strong revenues from City of Dreams

Premium Leisure Corp. (PLC) grew its attributable profit by 83% in 2017, fueled by stronger gaming revenues from City of Dreams Manila. In a regulatory...

Malacañang confirms Duterte order to temporarily stop putting up new casinos

Malacañang on Friday confirmed that President Rodrigo R. Duterte has ordered a moratorium on new casinos, a day after Reuters reported that the country’s...

Macau’s Galaxy Entertainment plans up to $500-M casino resort in Boracay

Macau casino operator Galaxy Entertainment Group Ltd 0027.HK plans to invest as much as $500 million to build an integrated casino-resort in the Philippines,...

Gov’t firms up dirty money reporting

THE ANTI-MONEY LAUNDERING Council (AMLC) has released new rules requiring banks and other covered firms to submit reports and alerts through the regulator’s online...

Razon eyes gaming opportunities in Asia

By Arra B. Francia, Reporter PORTS and gaming tycoon Enrique K. Razon, Jr. is scouting for opportunities to expand his gaming business in Asia. Mr. Razon,...

Resorts World operator still reeling from casino shooting

THE shooting incident at Resorts World Manila (RWM) last June continued to drag on Travellers International Hotel Group, Inc. (TIHGI)’s bottom line, as the...

Solaire operator’s profit surges in Q3

THE OWNER and operator of Solaire Resort and Casino posted a 31% increase in attributable profit in the third quarter of 2017, driven by...

PhilWeb gets another investor

PHILWEB Corporation said that Textron Software Solutions Inc. (Textron) acquired some shares in the listed company in a P34.75-million deal that comes just a...

Martin Nievera finds a home in Solaire

By Zsarlene B. Chua, Reporter DUBBED AS the country’s “Concert King” and with a career that has spanned more than a quarter of a century,...

City of Dreams developer reports 47% top line growth in Q2

THE developer of City of Dreams Manila said it grew its top line by 47% in the second quarter of 2017 on the back...

Leisure and Resorts World to build 20 boutique bingo sites this...

LEISURE and Resorts World Corp. (LRC) wants to open up to 20 boutique bingo gaming sites this year as the outlook on online gaming...

Okada Manila set to open in December

By Zsarlene B. Chua IT’S FINALLY happening. After a year of delays, Tiger Resort and Leisure Entertainment, Inc.’s integrated mega casino-resort will be opening before the...