Tag Archives: Frontier Capital Group
- Frontier Capital’s search for Clark casino’s escrow funds continues
July 24, 2017
The fate of the Casablanca Casino in the Clark Freeport Zone in the Philippines remains in limbo because its new owner, casino investor Frontier Capital Group, has yet to cough up the remaining escrow requirements of the Philippine Amusement and Gaming Corporation (PAGCOR). Australia-listed Frontier Capital Group acquired the Stotsenberg...
- Frontier Capital’s ‘aggressive expansion’ dream ends after Clark casino closes
February 6, 2017
Failure to settle its remaining escrow has caused the demise of another casino in the Clark Freeport Zone in the Philippines, local media has reported. State regulator Philippine Amusement and Gaming Corporation (PAGCOR) reportedly ordered the closure of Casablanca Casino at the Stotsenberg Hotel last week because its new operators...
- Former Genting Group exec joins Frontier Capital Group as executive chairman
April 19, 2016
Australia-listed casino investor Frontier Capital Group has appointed a former employee of Genting Group as its new executive chairman. The company said in a filing with the Australian Stock Exchange that Henri Ho joined Frontier Capital effective April 15. A veteran with more than 17 years of experience in the...
- Frontier Capital drops lottery venture in Mongolia
February 23, 2016
Australian firm Frontier Capital Group Ltd. has dropped its lottery and possibly casino venture in Mongolia. Frontier, in a filing to the Australian Securities Exchange on Tuesday, announced that it has terminated an agreement to operate the Mongolian National Lottery (MNL). Frontier said it had received a notice from the...
- Frontier Capital Group bets on proxy betting to lure VIP gamblers
January 21, 2016
Frontier Capital Group’s new Philippine casino will rely on proxy betting to lure its share of Asian high rollers. This month will see the Australia-listed Frontier Capital Group complete its $26m acquisition of the Hotel Stotsenberg and Casablanca Casino in the Clark Freeport Zone in the Philippines. The company expects...
- Frontier Capital forecasts doubling of profit by 2018
November 20, 2015
Frontier Capital Group Ltd. is expecting to see its profit double two years down the road, thanks to its recent Clark casino acquisition. Last week, the Australian-listed company announced it is acquiring the Stotsenberg Hotel and Casablanca Casino in the Philippines’ Clark Freeport Zone for $26 million in shares, which...
Okada Manila eyes Philippine backdoor listing
May 2, 2017