WW: 70020914 PH: 444157
Logistics ▲2.43% D30 Targets ▲2.39% POGO Prop. ▲1.87%
MiddleClass ▼1.94% POGO Gaming ▼1.38% Fast Food ▼1.12%
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- [UPDATE] PAGCOR introduces its own online casino called “Live Shots”... the virtual casino will be open to Philippine Inshore Gaming Operations (PIGOs) who are willing to pay 25% of gross gaming revenue to PAGCOR. According to PAGCOR, Solaire Resort and Casino, Okada Manila, City of Dreams, and another land-based casino in Subic have already been approved for PIGO licenses. The terms of the license dictate that access to Live Shots will only be in the Philippines, and that only PIGO “VIPs” will be able to play.
- MB: PAGCOR’s revenues have dropped 97% because of COVID, so it is obviously desperate to find some way to passively get a cut of some other action. As I speculated when the news broke about DFNN’s [DFNN 5.50 ▼6.30%] “first ever” online casino license, the rest of The Gang would probably be quite interested to follow suit. Here we are. Bloomberry [BLOOM 8.40 ▼1.18%] (Solaire) and Belle Corp [BEL 1.66 ▼1.19%] are already lined up at the trough; could Dennis Uy and PH Resorts [PHR 3.00 ▲1.01%] be that far behind?
- [NEWS] MRC Allied [MRC 0.48 0.00%] halted until full consequences of Kerberus acquisition are disclosed... the deal between MRC and 5G Security Inc (5GS) calls for MRC to acquire 75% of Kerberus from 5GS, but that’s about all we can know from the relatively short disclosure. The PSE halted the stock before the open, saying that investors need to have access to “information [that] may reasonably be expected to materially affect the market activity and the price of its securities”. There was no lift date/time provided, so investors should assume that the halt will remain indefinitely until MRC is able to provide more info.
- MB: Remember how MRC changed its articles of incorporation to change its primary purpose from “property developer” to “holding company”? Yeah, well that’s the only justification that MRC has provided for the purchase; “[the purchase of Kerberus] brings the Company closer to its aspirational goal of transforming from property business to a holding company.” Holding companies aren’t special, they’re just a company that owns other companies. Where is the strategy, here, if the goal is simply to own other companies?
- [NEWS] BHI Holdings [BH 901.00 0.00%] suspended from PSE for failure to maintain 10% public float... according to the PSE, the investment holding company’s public ownership level is just 9.86%, which is below the minimum 10% required. BHI has “not been very active in investing and is only receiving interest income”, is “still in the process of finalizing its business plans”, and BH has no principal products or services because “it has not decided as to what product or service it will introduce to the market”. It’s website is still “under construction.”
- MB: Prior to the suspension, BH was listed as having a 10.02% public ownership level, which is basically the required minimum (it’s even still listed that way now on the PSE’s website). So, how did the public ownership level fall from 10.02% to 9.86%? When Ms. Jemie U. Tan, a director of BH, bought 850 shares of BH in late October and early November. Because Ms. Tan is a director of BH, as far as the PSE’s concerned, her shareholdings are considered “non-public” holdings. Shares held by directors, officers, and even principal/substantial stockholders are not counted towards the percentage of the company that is publicly-owned. Seems like a silly mistake to make for a company that, even though it basically does nothing and looks like a rough draft, still has a marketcap of over ₱450m.
Philippines Entertainment City Casinos Closed, Manila Under Government-Ordered Quarantine. Posted on: March 15, 2020, 10:48h. Last updated on: March 16, 2020, 09:06h. City of Dreams Manila: Casino Gaming City of Dreams Manila is the second casino resort to open in the Entertainment City complex, but in terms of gaming experience it’s absolutely first class. Players play at Qi Long Club, formerly know as Signature Club, an exclusive, members-only gaming club with a variety of games. City of Dreams Manila City of Dreams, owned by Melco Resorts, an IR operator with casinos in Macau and Cyprus, says its Manila complex is ready to welcome back guests once permitted. City of Dreams Integrated resorts and casino City of Dreams Manila is preparing to reopen its gaming facility with a 30-percent capacity this month. Shareholder Melco International Development Ltd. said Monday in a disclosure to the Hong Kong Stock Exchange the Philippine Amusement and Gaming Corp. allowed licensed casino operators in areas covered by the so-called general community quarantine to resume City of Dreams Manila will be the second integrated casino to open in Entertainment City, which is positioning itself as the Philippines’ version of gambling hubs in Las Vegas and Macau. City of Dreams Manila, Paranaque: Hours, Address, City of Dreams Manila Reviews: 4/5 All reviews cod nobu hotel close to the airport gaming tables huge casino free shuttle front desk las vegas hyatt entertainment restaurants play manila complex She was pretty helpful however today was her day to rest So she endorsed us to another Following the earlier announcement of City of Dreams Manila of the temporary closure of all its casino operations effective March 15 in full compliance with PAGCOR’s order to suspend all gaming Melco Crown Entertainment Ltd. opened the doors of City of Dreams Manila in Entertainment City, Paranaque, with a soft launch today of their newest integrated resort super casino.It is the second property to open in the burgeoning Asian entertain hub in Manila, following Solaire Resort & Casino which opened on March 16, 2013. Although almost everything is up and running, visitors today didn
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This is a walking tour of Angeles City in Philippines. This area of Angeles City is known as the Walking Street or Red Light District of Angeles. The road is... On Day 5 in the Philippines, along with Anton and his family, we flew to the island of Boracay to spend 2 days. Things didn’t go quite as planned, as our fir... City of Dreams Manila Now Open Casino Hotels Roxas Boulevard. City of Dreams Manila is a 1.13-billion lavish integrated resort & casino featuring a dazzling... #manilaserye #marcsantosgamboa #itsmorefuninthephilippines #tourism #manilabay #dot This is located at Macapagal Blvd., Aseana, Paranaque. City of Dreams Manila Tour Roxas Boulevard. City of Dreams Manila is a 1.13-billion lavish integrated resort & casino featuring a dazzling array of entertai... Become a member at Angel tour net website and watch naughty and informative videos from South East Asia. Over 60 member videos 80% contain nudity. Every week... City of Dreams Manila Now Open Casino Hotels Roxas Boulevard by HourPhilippines.com - Duration: 6:38. Hour Philippines TV 339,850 views. 6:38. Thanks for watching! I hope you enjoyed todays video...If your new SUBSCRIBE to keep updated.. For more information about Bonifacio Global City;go here https... City of Dreams Manila Now Open Casino Hotels Roxas Boulevard by HourPhilippines.com - Duration: 6:38. Hour Philippines TV 338,309 views. 6:38. Top10 Recommended Hotels in Manila, ... City of Dreams Manila ushers in a new era of entertainment for the Philippines, bringing visitors world-class performances, unique family attractions like Dr...
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