Location: Philippines
Philippines Court orders arrest of Kazuo Okada, Tonyboy Cojuangco, Dindo Espeleta and associates for qualified theft
The Paranaque Regional Trial Court has ordered the arrest of Kazuo Okada and his associates for siphoning money from Okada Manila during... more
Play Synergy to open offices in Japan and the Philippines
Play Synergy Tuesday announced the opening of new offices in Japan and the Philippines. The manufacturer and distributor of casino games... more
Korean customers seen driving resurgence of Philippines VIP market
The return of Chinese play may be taking longer than expected, but Philippines casinos are nevertheless seeing surprisingly positive... more
Philippines industry GGR hits US$1.24 billion in Q1 on strong growth from Manila, Clark IRs
Licensed casinos in the Philippines, which include integrated resorts in Manila’s Entertainment City and the Clark Freeport Zone, generated... more
Philippine government must refund franchise tax slapped on POGOs, Supreme Court rules
The Supreme Court (SC) has affirmed with finality its decision issued last year which declared that the government’s imposition of a... more
PAGCOR lauds higher contribution to nation-building after strong March quarter
The improved Q1 financial performance of Philippines gaming regulator PAGCOR has also allowed it to increase its contribution to... more
Okada Manila maintains positive momentum in 1Q23 as GGR climbs to US$209 million
Philippines integrated resort Okada Manila has continued its strong recovery trajectory into 2023, with gross gaming revenue reaching... more
PAGCOR sets US$4.5 billion target for Philippines industry-wide GGR in 2023
Philippines gaming regulator PAGCOR says it is now targeting industry-wide gross gaming revenues of Php244.84 billion (US$4.5 billion) in... more
Universal Entertainment Corp says affiliate now planning to develop land near Okada Manila following collapsed sale
Japan’s Universal Entertainment Corp (UEC) said Thursday that an equity-method affiliate that owns a 9.4-hectare parcel of land alongside... more
Okada Manila parents looking to terminate merger agreement for US listing
The operating entities of Philippines integrated resort Okada Manila have filed a series of counterclaims against US-based SPAC firm 26... more
