The Philippine Stock Exchange will reclassify PH Resorts Group Holdings from the Casinos & Gaming subsector to Hotel & Leisure, effective 5 January. The change follows the revocation of the company’s provisional casino licence for its Emerald Bay project, the source said.
The reclassification reflects PH Resorts’ loss of its provisional casino licence and changes how the company is categorised on the exchange.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| PH Resorts Group, EEI Corp | Not stated | PAGCOR revokes Emerald Bay provisional gaming licence in the Philippines | Not stated | |
| Not named | Not stated | ASEAN Gaming Summit coverage reports PAGCOR plans to define PIGO licences | Not stated | |
| PAGCOR | USD 7,160,000,000 | PAGCOR reports rise in online gaming licence inquiries after grey-list exit | Not stated |
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Reportedly, Kaban Hotel and Casino Boracay plans a soft opening in the Philippines on 16 September. The property will have 88 rooms and a gaming floor licensed by PAGCOR.
Kaban Hotel and Casino Boracay is scheduled to open to guests on 16 September, becoming the first hotel-casino destination on the Philippine resort island, according to a report by Manila Bulletin. The company said separately on its official website that the 16 September soft opening would be followed by a grand launch on 11 October.
PAGCOR has approved EGT Philippines to supply casino content, sportsbook technology and aggregation services in the Philippines, citing EGT Digital’s 10 September statement. The three accreditations allow the supplier to offer proprietary products and technology connecting multiple content providers to locally licensed operators.
EGT Digital has announced that its Philippine arm secured three accreditations from the country's gaming regulator, PAGCOR. The approvals were disclosed in a statement dated 10 September, according to the supplier.
PAGCOR granted gaming supplier EGT two accreditations in the Philippines. The approvals cover game content provision and game aggregation.
PAGCOR has approved EGT Philippines to supply casino content, sports betting and game aggregation in the Philippines, according to reports. The approvals allow EGT Digital to offer its casino games and sportsbook to PAGCOR-licensed operators, while its aggregation service can provide access to content from multiple suppliers.
Reportedly, International Entertainment aims to start online gaming in the Philippines during late August or September. New Coast Leisure will operate the platform, while DigiPlus subsidiary Total Gamezone Xtreme will supply its technology. The agreement assigns New Coast Leisure a 3% share of gross gaming revenue and its partner 97%, with specified deductions applying.