Neptune approves name change

The board of local junket operator Neptune Group Limited has approved a motion proposed on August 29 to change the English name of the company to Rich Goldman Holdings Limited, according to a filing o

Melco on the prowl

Gaming operator Melco Resorts & Entertainment could be looking to increase its stake in the Philippines as PAGCOR works to sell off its 17 exclusively-owned casinos.

Local casino operator Melco Resorts & Entertainment told Business Daily the company welcomes the ‘developments’ disclosed by the Philippines Amusement and Gaming Corporation (PAGCOR) over the weekend,

Gaining majority

The Cyprus government has given permission for Melco International Development Limited to buy the interest held by Hard Rock International Inc.

Melco International Development Limited received approval from the Cyprus gaming authorities to purchase a 35.37 per cent interest owned by Hard Rock International Inc.

End of the year bonus

Galaxy Entertainment Group Limited will push forward the date for employees to sell off one-third of their granted Special Share Awards to October 4

Gaming operator Galaxy Entertainment Group Limited (GEG) will allow employees to sell one-third of their received Share Awards on October 4 of this year, a company filing with the Hong Kong Stock Exch

Half empty or half full?

Different gaming analysts can’t agree if Typhoon Hato impacted the MSAR gross gaming revenues in the first 10 days of September

Gaming analysts are divided over the long-term impact of Typhoon Hato on gross gaming revenues registered in the first 10 days of September.

Privatizing PAGCOR

As the Philippines’ state-run gaming corporation takes its first steps to becoming just a regulator, Macau-based gaming operators and junkets may be interested in the bid, under certain conditions, an

The Philippines Amusement and Gaming Corporation (PAGCOR) announced it will start privatizing 17 casinos exclusively run by the state-corporation next year, media outlets reported over the weekend.

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