Tag Archives: Philippines
- Makati office space void to grow as online gaming firms eye city exit
November 3, 2017
The number of vacant office spaces in the Makati Central Business district (CBD) may grow next year as online gambling firms leave the financial district in favor of more business-friendly Philippine cities. A Philippine Amusement and Gaming Corporation (PAGCOR) insider, who spoke under condition of anonymity, told CalvinAyre.com that online...
- PhilWeb wins PAGCOR okay but must undergo third-party audit
November 2, 2017
Philippine gaming regulators have confirmed the re-accreditation of electronic games provider PhilWeb Corp, but the company’s rebirth will have to wait a while longer yet. On Monday, PhilWeb informed the Philippine Stock Exchange that it had received a Certificate of Accreditation from the Philippine Amusement and Gaming Corporation (PAGCOR) as...
- Philippines to put cops in casinos to watch cops in casinos
November 1, 2017
The Philippines plans to put cops in casinos to monitor other cops in casinos following a police superintendent’s alleged involvement in the kidnap and murder of a local junket operator. Last week, Philippines National Police (PNP) officers engaged in a shootout with members of a gang suspected of carrying out...
- Philippine police colonel suspect in junket operator kidnap, murder
October 31, 2017
A Philippine police colonel is among the suspects in the recent kidnapping and murder of a local casino junket operator. On October 21, junket operator Oscar Tan aka Carlos Abad Tan and his chauffeur were abducted en route to the Ninoy Aquino International Airport in Manila. Tan’s driver was released...
- Online gambling firms play messiah to save Philippine property sector from cooling
October 30, 2017
Philippine property developers are now looking at online gambling firms to play messiah and save the cooling office space sector as business process outsourcing (BPO) investments dwindle. For years, the BPO sector accounted for 60 to 70 percent of total office space demand while the online gambling sector played second...
- Aussie gov’t claims billions of punters’ dollars laundered in Vietnam, Philippines
October 27, 2017
Australian government’s gambling watchdog is warning punters not to deal with illegal overseas bookies much like mothers forbid their children from talking to strangers. Brisbane Times reported that Australia’s Black Economy Taskforce (BET) has sounded the alarm bells that illegal bookies based in Asia are siphoning tens of millions of...
Okada Manila eyes Philippine backdoor listing
May 2, 2017