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The Latest in PAGCOR
By
Business

Philippines Gaming Revenue up by 11.7% in 2019

The gaming regulator in the Philippines, the Philippines Amusement and Gaming Corporation /PAGCOR/, has announced in their 2019 annual report that the gaming industry in the country generated PHP75.75 billion /$1.50 billion/. Beating Projections The 2019 number, compared to PHP67.85 billion in 2018, represents an 11.7% increase of the revenue on an annual base, beating […]

Philippines Gaming Revenue up by 11.7% in 2019
By
Casino

PAGCOR Tells POGOs to Put Employees Under Quarantine Because of Coronavirus

The Philippines gaming regulator, PAGCOR, has told POGOs to put employees, flying back from a list of countries where the coronavirus has been confirmed, under a 10-day quarantine. POGOs to Put Employees Under Quarantine as Fears of Coronavirus Mount Fearing coronavirus infection, PAGCOR, the Philippines gaming regulator, has issued a memorandum to all Philippine Offshore […]

PAGCOR Tells POGOs to Put Employees Under Quarantine Because of Coronavirus
By
Business

PAGCOR Boss Says Not to Overregulate POGOs

Discussing the Philippine Offshore Gaming Operators, the country’s gaming regulator boss, Alfredo C Lim, said that POGOs were a positive development and they must not be regulated and taxed out of existence. PAGCOR Boss Warns the Philippines to Avoid Overregulation PAGCOR President and COO Alfredo C Lim has cautioned the government not to try and […]

By
Casino

PAGCOR Teams Up with Clarion, SiGMA to Host SEA Gamign Expo

PAGCOR has teamed up with Clarion Gaming and SiGMA to host a first-of-its-kind gaming expo in Manila, the Philippines in June, 2020. Clarion, SiGMA, PAGCOR to Host Largest SEA Gaming Expo PAGCOR, the Philippine Amusement and Gaming Corporation, has struck a landmark partnership with Clarion Gaming and SiGMA in a bid to bring a major […]

By
Legal

House Committee Gives Green Light to POGO Bill

The House of Representatives Ways and Means Committee has approved a 5% franchise tax on companies and workers engaged in Philippine offshore gaming operations (POGOs). Amendment of 1997 National Internal Revenue Code of the Philippines On Monday, the panel, chaired by Albay Representative Joey Salceda gave the go-ahead of House Bill 5257, which seeks to charge […]

By
Casino

Philippines Offshore Gaming Operators Face New Taxes

The Philippines government will debate new taxes to help limit illegal activities at offshore gambling venues. Debating the New Tax for POGOs The Philippine Offshore Gambling Operator (POGO) industry will have to deal with more pressure from the government after Albey Representative Joey Salceda filed a new legislation aimed at imposing additional taxes on POGO […]

By
Legal

China Acknowledges Philippines Sovereignty over POGOs at Meeting

President Xi Jinping acknowledged the Philippines sovereignty over POGOs Mr. Xi is pleased with the Philippines investigation into POGOs China tries to dictate regional geopolitics by leveraging gambling activities The Philippines Keeps Sovereignty over Pogos The Philippines POGOs operators are finally getting some slack from the Chinese government. This is what Philippine Finance Secretary Carlos […]

By
Business

PAGCOR Dismisses Chinese Demands for Offshore Shutdown

China has insisted that PAGCOR shut down all online gambling websites PAGCOR official argues that there is no reason for this to happen Operators, such as Megaworld, assure press their exposure in the conflict is minimal PAGCOR official Victor Padilla has responded to Beijing demands to start shutting down online gambling properties in the Philippines, […]

By
Casino

PAGCOR Says Reports About Net Loss False

Manila Bay reportedly accumulates $41.4 million in net losses Owner of the property PAGCOR turns down the claims Commission includes losses from the previous brand to operate at the spot PAGCOR has turned down the Commission on Audit’s report that the Manila Bay Property has accumulated $41.4 million in net losses. PAGCOR Rebuffs Watchdog Accusations […]

By
Casino

Bloomberry Wins Their Bid for Solaire Land

Solaire land was up for bid. Bloomberry Resorts was able to win the bid getting two land parcels from the Philippine Amusement and Gaming Corporation. Solaire Resort and Casino integrated resort occupies these parcels. Bloomberry Resort Corp announced its intentions of trying to win the auctioned casino land, which is 16 hectares in size. As […]