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Casino
June 3, 2022
Universal Entertainment Condemned Okada Manila Illegal Takeover
The operator of Okada Manila casino integrated resort in the Philippines, Tiger Resort, Leisure and Entertainment (TRLEI), will file criminal charges against everyone involved in the property takeover on Tuesday, stated the operator’s Japanese parent Universal Entertainment Corp. on its website. Criminal Charges against Everyone Involved The statement published by Universal Entertainment in response to […]
Sports
June 3, 2022
Philippine Authorities Make Final Appeal to Meta to Comply
The Department of the Interior and Local Government (DILG) of the Philippines issued a statement Wednesday to warn Meta that its operations in the country should be compliant with all Philippine laws, rules and regulations at all times. Ignoring the Request of Philippine Authorities Speaking on behalf of DILG, the department’s Undersecretary Jonathan Malaya reminded […]
Casino
June 2, 2022
PAGCOR Interested in Okada Manila Operation Continuation Only
The Philippine Amusement and Gaming Corporation (PAGCOR) performed a U-turn on its official position with regard to the takeover of Okada Manila by a group close to Kazuo Okada just a day after it was adamant to launch an investigation into the matter. ‘Corporate Squabble between Contending Shareholders’ Following the news of the takeover of […]
Casino
June 2, 2022
Four Kidnappers Gunned Down in the Philippines, Chinese Victim Saved
The exploitation of Chinese nationals in overseas illegal gambling markets continues. The most recent law enforcement operation in the Philippines led to authorities gunning down four Chinese citizens who had reportedly kidnapped a compatriot. The victim had come to the Philippines to work in a casino but was captured by the criminals who wanted to […]
Casino
June 1, 2022
Singaporean Hospital Manager Sentenced over Gambling Addiction Fraud
Gambling pushes us to desperate lengths. Before some of us can get the help they need to tackle their gambling problem, they have already committed bad deeds. In the case of a former manager at the Gleneagles Hospital in Singapore, a manager’s embezzlement of hospital funds will now see him sent to jail. Manager Misappropriates […]
Poker
June 1, 2022
APT Announces Plans for International and Regional Growth
The Asian Poker Tour (APT), which is Asia’s premier poker tour offering a world-class poker experience for the region, was purchased by a newly formed company called APT Events Private Limited. The announcement came Wednesday and sees the ownership of the APT transfer from Asian Poker Tour Limited, an Asianlogic Group Company, after 12 years […]
Casino
June 1, 2022
Thailand Police Busts Illegal Gambling Websites at Lake Pine Resort
Thailand is still tip-toeing around the idea of whether to legalize its casinos. On the face of it, the idea seems pretty good. The Asian country is a premier tourist destination for many rich countries and adding casinos into the mix would be a great way to ensure that more tax revenue is generated. But […]
Casino
May 31, 2022
Bloomberry Resorts Is on Its Way to Recovery after the Pandemic
Analysts at investment bank Morgan Stanley recently raised the earnings estimates of Bloomberry Resorts after the Philippines-based operator performed better than expected following Q1 of this year. Bloomberry is now projected to reach 71% of its 2019 EBITDA by the end of the fourth quarter, totaling PHP14 billion ($267.6 million). Bloomberry Is Steadily Returning to […]
Casino
May 31, 2022
Oceanus Acquisition May Be SJM’s Last Satellite Casino
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM Holdings which, following its acquisition of Oceanus, will most likely not be looking to buy any additional satellite casinos moving forward, at least according to JP Morgan. SJM Holdings Unlikely to Buy More […]
Casino
May 31, 2022
PAGCOR Opens First Dedicated Village Project to Offer Safe Housing
PAGCOR or the Philippine Amusement and Gaming Corporation has made good on its promise to deliver on various good causes and social campaigns. The gaming watchdog has just launched the PAGCOR Village in Lemery, Batangas, which is the first of more similar projects to follow. The main purpose of the Village is to provide safe […]
