Tiger Resort Leisure & Entertainment, the operating firm for Okada Manila, reported a 68% increase in gross gaming revenue (GGR) for the month of March 2019, mainly due to a recovery in domestic and international players following Chinese New Year.
Bloomberry Resorts plans to start construction of a US$308 million cruise port in Parañaque City in the third quarter of the year, local media reported Chairman and CEO Enrique Razon as saying on the sidelines of the group’s annual shareholder meeting.
The Philippine Amusement and Gaming Corporation (PAGCOR) has again hit out at Quezon City’s acting mayor over her stance towards a planned integrated resort in the area, saying she should have played a more active role during the planning process.
Rizal Commercial Banking Corp (RCBC) is fighting back against a civil suit filed by the Bangladesh central bank seeking damages for a 2016 cyber heist, issuing its own legal action for defamation.
Bloomberry Resorts said its gaming unit has been cited in a US civil case attempting to recover funds stolen from Bangladesh’s central bank.
Philippines casinos posted 187.5 billion pisos (about US$3.6 billion) in casino GGR in 2018, increasing 22.9 percent year-on-year, according to the latest data from the Philippines gaming regulator.