Mega casinos in PHL ‘losing’ money

Manila, Philippines | AFP | – The owner of the Philippines’ first mega-casino on Friday said its second-quarter profits halved amid an industry wide slump that could threaten the country’s bid to become a top gaming destination. Travelers International Hotel Group, operator of...

Philippines opens mammoth casino-resort, seeking high-rollers

Manila (Philippines) –  AFP (Joel GUINTO) A new mega-casino opened in the Philippines Monday as the fast-growing southeast Asian nation ups its bid to become a world gaming destination. Manila aims to rival Macau and Las Vegas in terms of gaming revenues, and the...