By Miguel R. Camus
The county’s casino gambling regulator is likely to penalize the local unit of Japan’s Universal Entertainment Corp., led by billionaire Kazuo Okada, if it fails to open its $2-billion project in the Entertainment City complex by Manila Bay by March next year.
By Kristine Felisse Mangunay
The construction of the fourth and final complex that will make up the Pagcor Entertainment City in Parañaque began last week.
Australian mogul James Packer’s Crown Resorts has paid Aus$280 million (US$260 million) for a prime site on Las Vegas Boulevard in a bid to crack the American casino market, the company said Monday.
By Ben O. de Vera
Leisure and Resorts World Corp. (LRWC) in the fourth quarter will unveil a new and integrated brand for its retail gaming outlets for bingo, as well as other e-games, following its recent acquisition of Total Gamezone Extreme Inc. (TGXI).
By Doris C. Dumlao
Casino operator Melco Crown (Philippines) Resorts Corp. has raised P5.48 billion from a “top-up” equity placement, proceeds from which will boost capital outlays for the upcoming City of Dreams Manila.