Akos May 7, 2015 07:22:51
City of Dreams Manila is the first integrated casino resort to receive a regular gaming license from the Philippine Amusement and Gaming Corporation. The Philippine casino destination operated by Melco Crown Resorts Corporation announced the acquisition of their full gaming license. With a provisional license from the Philippine casino regulators, they were able to immediately […]
Alex Nevsky October 6, 2014 14:59:19
Philippine Entertainment City is anticipating the City of Dreams Manila integrated casino resort opening this year. The Philippines is about to challenge the big boys of Macau and Las Vegas as the new gambling destinations on the global map. Philippine gambling laws have allowed Melco Crown to start construction of their gambling mecca dubbed Entertainment […]
Monica E. September 9, 2014 08:49:15
Pagcor’s income is considerably lower after the gaming authority decided to award major casino operators a 10% license fee reduction. While the Philippine Government’s financial resources are shrinking, the Bureau of Internal Revenue (BIR) is on a very important mission: to try and find ways to increase revenue collection. A big part of these revenues […]
Staff June 30, 2014 17:27:29
Despite the construction being almost completed, the casino cannot open its doors until Okada finds a local business partner. Japanese tycoon Kazuo Okada is parading his $2 billion mega casino project, but is yet to find a business partner for his investment. As recent gambling news have reported, his company is in talks with several […]
Monica E. June 30, 2014 17:27:29
Despite the construction being almost completed, the casino cannot open its doors until Okada finds a local business partner. Japanese tycoon Kazuo Okada is parading his $2 billion mega casino project, but is yet to find a business partner for his investment. As recent gambling news have reported, his company is in talks with several […]
Monica E. February 25, 2014 15:12:57
The Airport Casino Filipino’s gambling license is set to expire this July and PAGCOR won’t be renewing it. The casino industry in the Philippines seemed to be heading the right way, with Manila Bay getting ready to welcome new gambling venues. But with the current Filipino gambling laws giving full control to the Philippine Amusement […]
Monica E. February 14, 2014 13:59:27
The Solaire hotel in Manila will get an extra 300 rooms and the resort’s casino will have more slot machines and tables. Bloomberry Resorts Corporation is not giving up its plans to expand the Solaire Manila casino. Company representatives announced they have succeeded in raising another P11.425 billion (about $250 million) for the project. “The […]
Monica E. January 30, 2014 11:51:38
While 2013 was a slow year for gambling, PAGCOR is expecting higher revenues this year. The Philippine Amusement and Gaming Corporation (PAGCOR) has published its final figures for 2013 and the results are disappointing. The state-run gambling company and regulator has earned PHP 40.52 billion in 2013 and while this makes it the country’s third […]
Monica E. January 17, 2014 18:07:24
City of Dreams Manila is expected to bring in significant profits for the Filipino state. The Asian gambling market is continuing to develop, with several new casino projects expected to be implemented this year. Basing its calculations on projections of increased gambling revenues and regulatory fees, the Philippine Amusement and Gaming Corporation (PAGCOR) is estimating […]
Monica E. January 15, 2014 18:19:36
Last year’s gambling profits are lower than Pagcor initially projected. The Philippine gambling industry has hit a rough patch, as local gambling news report the government’s share from casino profits were lower than expected. From January 2013 to November, the Philippine Amusement and Gaming Corporation (Pagcor) announced an income of PHP 12.076 billion for the […]
Alex Nevsky June 28, 2011 14:36:30
According to forecasts of gambling industry experts Philippines to be the next likely country to reach the gambling levels of Macau and Singapore.
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