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10,000 grade-school pupils benefited from Pagcor feeding program

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Employees of Casino Filipino Tagaytay assist young pupils during the Pagcor Feeding Program in Anuling Elementary School in Mendez, Cavite. CONTRIBUTED PHOTO/Pagcor

The Philippine Amusement and Gaming Corp. (Pagcor) reported on Friday that more than 10,000 public grade-school pupils have benefitted from the agency’s feeding program this school year.

Posted: March 22nd, 2014 in Latest Business Stories | Read More »

PH to give Singapore a run for its money

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The Philippines may soon become the world’s second largest gaming market, next to Macau, with about $6 billion to $7 billion in gross gaming revenues in around five years, the chief of state-controlled Philippine Amusement and Gaming Corp. said Tuesday.

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

Bloomberry raises P11.4B for Solaire expansion

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Screengrab from http://www.bloomberry.ph/

Bloomberry Resorts Corp. has raised P11.425 billion through a private debt deal for the expansion of Solaire Resort and Casino, the first integrated gaming and entertainment hub to have opened in Pagcor Entertainment City.

Posted: February 10th, 2014 in Latest Business Stories | Read More »

Gaming firm plans IPO

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Screen grab from http://www.pepinc.ph

Digiwave Solutions Inc. (DSI), a unit of gaming company Premiere Horizon Alliance Corp., is being groomed to go public by the third quarter of this year.

Posted: February 5th, 2014 in Latest Business Stories | Read More »

Pagcor remittance hits record P21.2B in 2013

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Pagcor chairman and  chief executive officer Cristino Naguiat  INQUIRER file photo

The Philippine Amusement and Gaming Corporation’s (Pagcor) reported on Thursday its “highest recorded” remittance to the government in the amount of P21.20 billion last year.

Posted: January 30th, 2014 in Latest Business Stories | Read More »

Appeals court junks Mondragon bid to operate Clark casino

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FILE PHOTO

The Court of Appeals has dismissed the bid of the Mondragon and Resorts Corporation (MLRC) to acquire the authority to operate the Mimosa Regency Casino inside the Clark Special Economic Zone.

Posted: December 11th, 2013 in Latest Business Stories | Read More »

DOJ to summon gaming tycoon Okada over controversial deal

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Kazuo Okada AP FILE PHOTO

The Department of Justice will summon Japanese billionaire and gaming tycoon Kazuo Okada to answer the criminal complaint filed against him regarding the multi-billion peso Entertainment City Project of the Philippine Amusement and Gaming Corporation.

Posted: November 7th, 2013 in Latest Business Stories | Read More »

Century Properties inks property deal with Japanese gambling magnate

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Century-properties

Century Properties Group Inc. confirmed Friday it has signed a property deal with the group of Japanese gaming magnate Kazuo Okada to participate in the latter’s entertainment and gaming hub “Manila Bay Resorts” at Pagcor Entertainment City.

Posted: November 1st, 2013 in Latest Business Stories | Read More »

Okada no show at DOJ probe into anomalous casino project

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Kazuo Okada AP FILE PHOTO

Japanese billionaire Kazuo Okada and his alleged dummies failed to appear before the Department of Justice Thursday to answer the criminal complaint filed against him regarding the multi-billion peso Entertainment City Project of the Philippine Amusement and Gaming Corporation.

Posted: October 17th, 2013 in Latest Business Stories | Read More »

Pagcor targets to remit P23B to gov’t in 2014

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pagcor

The Philippine Amusement and Gaming Corporation (Pagcor) on Thursday said it was targeting to remit P23 billion to the government in 2014.

Posted: August 8th, 2013 in Latest Business Stories | Read More »

Bloomberry earmarks P20B for Solaire expansion

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Bloomberry Resorts Corp., the first licensee to open a gaming complex in the Entertainment City of Philippine Amusement and Gaming Corp., is spending P20.5 billion to expand Solaire Resort and Casino with the goal of opening the additional facilities to the public next year.

Posted: June 24th, 2013 in Headlines | Read More »

IT infra to link Pagcor outlets, machines seen completed by Q2

State-run regulator Philippine Amusement and Gaming Corp. (Pagcor) eyes the completion by the second quarter next year of an IT infrastructure upgrade that will link all its casinos in the country.

Posted: June 18th, 2013 in Headlines | Read More »

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