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PIGO joy for Manila pair


May 4, 2021
In the Philippines and the giant Resorts World Manila and Solaire Resort and Casino properties have reportedly followed their neighboring Okada Manila venue in being officially licensed to offer online gaming to domestic punters.
According to a report from Inside Asian Gaming, the authorizations under the Philippine Inland Gaming Operator (PIGO) scheme were revealed by the Chairman and Chief Executive Officer for the nation’s Philippine Amusement and Gaming Corporation (PAGCor) regulator, Andrea Domingo. The source detailed that such licenses are to give the venues the ability to offer a wide range of iGaming entertainment including video slots and live-dealer games to afficionados in the Philippines that have first registered. ....

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First-quarter discouragement for Okada Manila


April 19, 2021
In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly detailed that the 993-room property saw its first-quarter gross gaming revenues decrease by some 42% year-on-year to just over $109.2 million.
According to a report from Inside Asian Gaming, the revelation from the Tiger Resort Leisure and Entertainment Incorporated subsidiary of Japanese conglomerate Universal Entertainment Corporation came after the Entertainment City facility was shuttered for the final 17 days of the quarter owing to the ongoing coronavirus pandemic. The source explained that this temporary closure had also led to the 110-acre development recording a drop of 35% year-on-year in adjusted earnings before interest, tax, depreciation and amortization to around $14.2 million as visitor numbers plummeted by 52% to roughly 572,000. ....

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