Gaming

Imperial Pacific’s default accounts on the rise

However the Hong Kong-listed company announced current impairment on trade receivables is ‘in line with global industry standards’

Casino operator Imperial Pacific International (IPI) Holdings Limited announced some HK$1.27 billion (US$162.87 million/MOP1.31 billion) in impairment of trade receivables due from its ten largest cus

Winds of change

Brokerage firm Sanford C.

Despite a recent increase in anti-corruption measures by the Chinese central government, analysts from brokerage firm Sanford C.

Landing muscling up to complete Shinhwa World, Jeju

The last of a series of strategic disposals from the Hong Kong-listed casino and theme park developer is to focus its finances and efforts in South Korea

The developer of Jeju Shinhwa World, Landing International Development Limited, announced it has raised some HK$1.79 billion (US$229.21 million/MOP1.84 billion) in net proceeds through the placing of

PAGCOR pays

Local and foreign interest in acquiring casino assets of the Philippines Amusement and Gaming Corporation (PAGCOR) to be put on sale next year will depend on ‘valuation and terms’ proposed, since the

Aristocrat takes the stand

Gaming machine-manufacturer Aristocrat told Business Daily it ‘emphatically rejects’ the allegations which brought the company to court in Australia that its machines induce ‘problem gambling’

Leading gaming machine-manufacturer Aristocrat Leisure Limited began its ‘opening submission’ on a civil case brought against the company and Crown Resorts by a former client on Tuesday in Australia,

After PAGCOR, Pogo targeted to help increase public revenue

In another move to raise funds for public coffers, the Philippine government is to cash in on electronic gaming business, after announcing it is privatizing part of PAGCOR next year

Online gaming operations in the Philippines will have to renew their licenses this coming October with the state-run Philippine Amusement and Gaming Corporation (PAGCOR), the Inquirer reported yesterd

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,

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