Tag Archives: robinsons land corp
- ENTERTAINMENT CITY: share sales, stalled negotiations and local casino impact
February 20, 2013
Melco Crown Entertainment (MCE) shareholders have approved a plan to raise up to $450m via the sale of up to 1.2b shares in Manchester International Holdings Unlimited. In December, MCE acquired 93.1% of the Philippines-based Manchester as a vehicle to manage and operate its Belle Grande Manila Bay resort-casino joint...
- Macau’s January 2013 revenues up 7.3 percent; Okada, Gokongwei extend talks
February 1, 2013
January 2013 is officially in the books and for the month, Macau's gambling revenue reached 26.9 billion patacas ($3.4 billion), a number that represents a 7.3-percent improvement from their previous performance in the same time last year. The robust returns could be attributed to the return of Chinese bettors who...
- Okada, Gokongwei talks continue despite FBI probe
January 22, 2013
Undaunted by the ongoing FBI probe involving Kazuo Okada and Universal Entertainment, Robinsons Land vice chairman Lance Y. Gokonwei told reporters last week that discussions between the two companies are still ongoing with the hopes of finalizing a contract that would seal the partnership between Robinsons Land and Universal's Philippine...
- Manila Bay Resorts sets late 2014 timetable; Travellers inks deal with Hilton
January 10, 2013
With Enrique Razon's Solaire Manila expected to open in the coming months, the race is on for three of the other luxury casino resorts in Pagcor's Entertainment City to stage their own opening. Manila Bay Resorts, the $1 billion resort and casino joint venture between Tiger Resort Leisure and Robinson's...
- Universal firms up Incheon plans, inks Manila deal with Robinsons Land
December 12, 2012
Japanese pachinko manufacturer/casino operator Universal Entertainment has firmed up its plans to construct an integrated resort casino in South Korea’s ambitious 8City project on an island in the Incheon Free Economic Zone. Last week, Universal signed a non-disclosure agreement with the Shinsegae Group, one of South Korea’s leading retail shopping...
- Okada in talks with Gokongwei on Manila tie-up; pachinko firm’s Hong Kong IPO
July 13, 2012
Philippine property developer Robinsons Land Corp. (RLC), a subsidiary of Chinese-Filipino businessman John Gokongwei Jr.’s JG Summit Holdings, has confirmed it is in talks with Universal Entertainment’s Kazuo Okada to partner on Okada’s $2b casino project in the Entertainment City Manila complex. In a disclosure to the Philippine Stock Exchange,...
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September 14, 2017
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May 2, 2017