Philippines' booming casino sector at risk of oversupply

The 48-year-old Singaporean woman was kidnapped at the Solaire casino on July 17 and taken to a nearby hotel where she was beaten and threatened by her captors who demanded $180,000 for her release, the Bureau of Immigration said in a separate report.

Said to grow out more naturally (so you’ll need fewer top-ups), palm painting involves applying colour to hair using the hands, rather than tools or foils, thereby making stripes and streakiness a thing of the past. 

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Police said the gang, believed to be a loan shark syndicate, was targeting foreign high-rollers, with 11 similar cases reported since 2015 involving two groups composed of Chinese and Singaporean citizens.

«Solaire continues to closely safeguard all its patrons to ensure their safety from unscrupulous personalities and activities even as it continues to coordinate and support government authorities in the fight against criminal activities,» it said in a statement.

(Reporting by Karen Lema; Editing by Raju Gopalakrishnan)

HONG KONG, Sept 26 (Reuters) — Overinvestment in the Philippines’ thriving casino sector could become a reality as investors chase lucrative returns in Asia’s fastest-growing gaming hub, casino-to-ports magnate Enrique Razon Jr told Reuters on Tuesday.

While this Solaire Infrared Portable BBQ Grill won’t play any tunes (unlike this one), to me it is reminiscent in design of an old-school record player. Like the instant dance parties of old, this infrared grill lets you get your groove grill on in mere minutes. Infrared burners heat up more quickly than that of conventional grills, and deliver a more powerful punch. The 14,000 BTU burner on this model heats up in three minutes and cooks food at a 50 percent faster rate. Drippings are instantly vaporized as they hit the heated surface creating delicious smoke flavor with less flare-ups.

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The option to choose infrared over traditional grills is a relatively new phenomenon with a key patent that expired in 2000 leading to the recent trend. With the capability to have high heat uniform cooking along with delicious grill flavor assures that you’ll keep the party going well into night (or at least until the propane bottle runs out).

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Friday, 9/21 5 p.m. — 9 p.m. PT / 8 p.m. — Midnight ET / 6 p.m. — 10 p.m. GMT Saturday, 9/22 5 p.m. — 9 p.m. PT / 8 p.m. — Midnight ET / 6 p.m. — 10 p.m. GMT Sunday, 9/23 5 p.m. — 9 p.m. PT / 8 p.m. — Midnight ET / 6 p.m. — 10 p.m. GMT

«Praise The Sun! Dark Souls: Remastered for #NintendoSwitch and the Solaire of Astora amiibo will launch on Oct. 19th! Journey to Lordran and experience the groundbreaking action-RPG on the go!» the company wrote.

Gross gaming revenue has boomed over the past year, up 27 percent in the year to August, Morgan Stanley said, due to robust demand for proxy betting via video streaming, strong visitor arrivals and a solid domestic market.

«Cannibalisation — it is always possible, over investment. With liquidity nowadays and (low) interest rates, people are making investments that 10 years ago (they) wouldn’t even think about, those kinds of returns.»

Business is also at risk of being cannabalised when casinos operated by the state are privatised next year, said Razon, who is the chairman of Bloomberry Resorts and International Container Terminal Services.

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