PAGCOR, the Philippine gambling regulator released data outlining gross gaming revenue for Q1 of 2021. GGR in Q1 of 2021 hit Php23.27 billion, which marks an increase of 17.5% when compared to Q4 2020. Licensed Casinos Mark Increase in GGR for Q1 2021 More than a year has passed since the start of the global […]
The pandemic has prompted Philippines gambling regulator PAGCOR to expedite the transition towards online legal gaming hosted by the country’s leading casino resorts. Casino Resorts in the Philippines Turn to Online Gambling as Lifeline Philippines state-controlled Entertainment City integrated resort operators have launched online casinos as the country continues to battle a raging COVID-19 pandemic which has […]
While other areas of the world have seen significant improvements in the COVID-19 fight, the Philippines haven’t been as lucky. The country hasn’t been able to free itself from the grasp of the coronavirus, which forced the government to issue new quarantine restrictions at the end of last month. These restrictions affected casino operators in […]
PAGCOR contributed $354 million to the Bureau of the Treasury in a bid to bolster Covid-19 relief efforts in 2020. PAGCOR Continues to Help in Covid-19 Relief Efforts The Philippines gaming regulator (PAGCOR) has played a key role in offsetting the economic impact the Covid-19 pandemic has inflicted on the country, remitting an estimated $354 […]
The Philippines plan to revive its gambling industry by attracting foreign operators, allowing betting for locals, and providing new services such as horse racing and cockfighting. The Philippines Revives Economy with More Online Gambling and Betting The Philippines is moving towards introducing online gambling for local operators, expanding overseas, and coining new gambling products such […]
In the third quarter of 2020, PAGCOR’s GGR increased significantly when compared to Q2 2020. However, a year-on-year comparison for Q3 reveals a decrease of 70% in gaming revenue. PAGCOR Q3 GGR Increases from Q2 2020 Earlier this week, the Philippine Amusement and Gaming Corporation (PAGCOR) revealed the latest numbers outlining the gross gaming revenue […]
The Philippine’s gaming regulator and operator, PAGCOR, has allocated $41.5 million to building 32 shelters across the country to help one million displaced individuals due to typhoons. PAGCOR Steps in to Help with Typhoon Relief Efforts The Philippine Amusement and Gaming Corp (PAGCOR) continues to be a benevolent entity in the country’s public life, with […]
Gaming regulatory body in the Philippines approved one application from a land-based casino operator to accept bets online, with another two applications currently reviewed, in a latest attempt to help operators offset the coronavirus impact on the business, Bloomberg reports. Land-Based Casino Will Accept Online Bets The Philippines Amusement and Gaming Corp (PAGCOR) authorized Solaire […]
The gambling regulator in the Philippines, the Philippine Amusement and Gaming Corporation (PAGCOR) urged social platforms to help combat illegal gambling in the country. Citing reports that online activities of unlicensed operators have increased since the beginning of the health crisis induced by the coronavirus, the regulatory body claimed social media such as Facebook are […]
City of Dreams, the casino-type resort in the Philippines operated by a subsidiary of Melco Resorts, confirmed it was undergoing trial runs of its casino operations. The management of the resort informed local outlet GGRAsia that despite the tests, the casino property is still waiting for a reopening date for full operations to be set. […]
