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Bloomberry adds P20-B to existing loan facility to fund operations

ABS-CBN News
Posted at Dec 22 11:58 AM

The operator of Solaire Resort and Casino said Tuesday it has signed a deal with several banks to secure an additional P20 billion loan facility to help it continue its operations.  Read more »

NBI, DOJ confirm death of ex-CA Justice Normandie Pizarro

Mike Navallo, ABS-CBN News
Updated as of Dec 22 11:05 AM

MANILA (2nd UPDATE) — The Department of Justice (DOJ) on Monday confirmed that the body found with missing left fingers and right hand in Tarlac in October was former Court of Appeals Justice Normandie Pizarro, who had gone missing in the same month. Read more »

Bloomberry posts P2.5 billion net loss in Q3 due to pandemic operations halt

ABS-CBN News
Posted at Nov 10 07:54 PM

Difficult business environment amid quarantine and lockdowns dragged Solaire resort operator Bloomberry Resorts Corp to a net loss of P2.5 billion in the third quarter, the firm said on Tuesday. Read more »

VIRAL: Koreanong nagbebenta ng noodles, namimigay ng libreng tubig sa mga motorista sa Las Piñas

Josiah Antonio, ABS-CBN News
Updated as of Nov 04 04:57 PM

Marami ang humanga sa isang Koreanong nagbebenta ng noodles sa tabing kalsada sa Las Piñas dahil kasabay ng kaniyang pagtitinda ay ang pamimigay niya ng libreng maiinom na tubig sa mga motorista.  Read more »

Dennis Uy's PH Resorts Group sets final price for follow-on offer at P1.68

ABS-CBN News
Posted at Oct 19 09:03 AM

Dennis Uy's PH Resorts Group on Monday said it has priced its follow-on offering at P1.68 per share, nearly at the midrange of its indicative offer price of P1 to P2.50. Read more »

Japan may push back deadline for casino host-city bids by a year

Reuters
Posted at Oct 09 10:13 AM

Japan's government is considering pushing back by a year a July 2021 deadline for cities to submit bids to host casinos due to delays in preparation caused by the COVID-19 pandemic, the Yomiuri newspaper reported on Friday. Read more »

Dennis Uy's PH Resorts Group follow-on offering gets PSE approval

ABS-CBN News
Posted at Oct 02 10:25 AM

PH Resorts Group Holdings, Inc. (PHR) on Friday said the Philippine Stock Exchange has given its approval on the firm's follow-on offering aimed to fund the construction of its Mactan Cebu casino resort. Read more »

Dennis Uy's Mactan casino resort aims to open by end of 2021

ABS-CBN News
Posted at Jul 23 04:43 PM

Davao-based businessman Dennis Uy’s gaming and tourism firm is aiming to open its flagship casino resort in Mactan, Cebu by the end of next year, the company said in a disclosure to the stock market.    Read more »

'Good riddance': Villanueva says reported POGO exodus 'not a loss' for Philippines

Katrina Domingo, ABS-CBN News
Posted at Jun 29 02:53 PM

The reported exodus of Chinese-run online gambling firms from the Philippines is "not a loss" to the country's economy, Sen. Joel Villanueva said Monday. Read more »

Macau gambling king Stanley Ho dies aged 98

Reuters
Posted at May 26 03:05 PM

Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98, state broadcaster China Central Television (CCTV) reported. Read more »

490 tested for coronavirus at illegal hospital in Clark resort: police

ABS-CBN News
Posted at May 22 09:24 AM

Authorities have tested at least 490 people for the novel coronavirus at the Fontana Leisure Park inside the Clark Freeport Zone following the discovery of an illegal makeshift hospital for Chinese citizens there, police said Friday. Read more »

Palace says operators of illegal hospital in Clark resort to face charges

Arianne Merez, ABS-CBN News
Posted at May 21 03:40 PM

Malacañang said Thursday charges would be filed against the operators of a makeshift medical facility in Clark Freeport Zone as it expressed "alarm" over such. Read more »

Former Fighting Maroons player maximizes role as SK chairman in fight vs COVID-19

ABS-CBN Sports
Posted at May 17 06:05 AM

During the ongoing battle against COVID-19, Mantilla is proving that he can do so much to help others even at the Sangguniang Kabataan level. Read more »

Macau's April gaming revenues plunge 96.8 percent on coronavirus impact

Reuters
Posted at May 01 04:45 PM

Gambling revenue in Macau plunged 96.8 percent in April year-on-year, with casinos reeling in the world's biggest casino hub as authorities imposed a raft of measures to keep visitors away to contain the coronavirus outbreak.   Read more »

Nevada orders Las Vegas casinos to close amid COVID-19 pandemic

Reuters
Posted at Mar 19 04:50 AM

Nevada Governor Steve Sisolak shut down all nonessential businesses, including the Las Vegas casinos at the heart of the state's economy, as part of steps to slow the spread of the novel coronavirus. Read more »

PAGCOR suspends casino, gaming operations during Metro Manila quarantine

ABS-CBN News
Posted at Mar 15 02:58 PM

The Philippines' gaming regulatory body on Sunday said it suspended all gaming operations until the end of Metro Manila's community quarantine against the coronavirus disease 2019 (COVID-19) on April 14. Read more »

'Deafening silence': Gordon slams AMLC for supposed inaction on 'dirty money'

Katrina Domingo, ABS-CBN News
Posted at Mar 04 04:04 PM

Sen. Richard Gordon on Wednesday criticized the Anti-Money Laundering Council for its "deafening silence" on the entry of some US$447 million cash through airports in less than 6 months. Read more »

MGM Resorts says data breach exposed some guests' data

Michael Levenson, The New York Times
Posted at Feb 20 11:33 AM

MGM did not disclose the number of customers affected, but Under the Breach, a firm that monitors cybercrimes and provides intelligence about potential data breaches to companies, said 10.6 million people were affected. Read more »

Macau casinos to reopen after virus ban lifted

Agence France-Presse
Posted at Feb 18 05:09 PM

Macau's casinos will reopen Thursday after authorities lifted a city-wide two-week closure aimed at stopping the spread of the deadly new coronavirus. Read more »

Tourist arrivals, casino stocks fall as Macau takes coronavirus hit

Ryan Swift, South China Morning Post
Posted at Jan 29 11:40 AM

What started out as a promising year for Macau's tourism industry has turned out to be a major setback for the special administrative region, as visitors are put off by the rapidly spreading coronavirus epidemic that originated in the central Chinese city of Wuhan. Read more »