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Raymond Ang bid for PAGCORP

Asian food and beverage exec's bid for PAGCORP could be finished before it has begun
 
Earlier this week Raymond Ang, a senior executive with the San Miguel food and beverage group, intimated in a press interview that, acting independently he would be putting together a consortium to make a $10 billion offer for the state-owned Philippines gambling group PAGCORP, but events since then indicate that he may have been a touch optimistic in his planning.
 
Ang named as possible partners Malaysian tycoons Robert Kuok, Ananda Krishnan and Francis Yeoh, but it appeares that there is little appetite for the venture.
 
The story is attracting widespread press attention in Malaysia, with Yeoh's special assistant, Sylvia Chew, telling reporters that her chief has been "completely taken aback" by the story and is not too happy about his alleged involvement.
 
“He does not know Ramon Ang nor has he ever spoken to the individual," said Ms. Chew. "YTL [Yeoh's business group] does not participate in the gaming industry, and this will continue to be the case.”
 
Kuok was similarly unimpressed, telling enquiring journalists that neither himself or his family or their companies have any intention of investing in the gaming industry.
 
Krishnan’s representative didn’t answer calls or e-mails seeking comment.
 
Ang remained unperturbed by the growing furore, saying: “If they don’t join, many others will. I’m very sure of that.”
 
However, to date there has been no formal offer following up on Ang's boast of August 9th.



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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