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Okada refutes bribe allegations anew

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The group of Japanese gaming magnate Kazuo Okada again refuted on Wednesday allegations of improper conduct in obtaining a foothold in the Philippines, noting that the provisional license granted by the Philippine Amusement and Gaming Corp. (Pagcor) to its local unit contained the same terms and conditions granted to other gaming licensees.

Posted: June 19th, 2014 in Headlines | Read More »

Melco hikes casino capex

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Casino operator Melco Crown (Philippines) Resorts Corp. is planning an equity offer via “top-up” placement to cover part of P9-billion increase in capital outlays for the upcoming integrated resort City of Dreams Manila.

Posted: June 19th, 2014 in Headlines | Read More »

Melco Crown, DreamWorks dream up resort draws

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Melco Crown Philippines Resorts Corp. is collaborating with popular American animation studio DreamWorks to provide entertainment at the soon-to-be-opened City of Dreams Manila gaming resort.

Posted: May 22nd, 2014 in Headlines | Read More »

Biz Buzz: San Miguel’s mega-airport

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It was a few years in the making but San Miguel Corp. president Ramon S. Ang had to make sure that the timing was right and all potential legal issues were clarified before proposing the massive $10-billion airport project to Malacañang as an alternative to the congested Ninoy Aquino International Airport.

Posted: May 16th, 2014 in Columnists,Inquirer Columns | Read More »

House itching to grill casino mogul Okada

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Kazuo Okada AP FILE PHOTO

The House committee on games and amusement will compel Japanese gaming magnate Kazuo Okada to attend its hearings to personally explain allegations he used dummy corporations to meet his casino license requirements.

Posted: May 12th, 2014 in Latest Business Stories | Read More »

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