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Casino
April 29, 2021
PAGCOR Off to a Slow Start as Profit Remains Low in the First Quarter
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 […]
Casino
January 4, 2021
PAGCOR Pays $354m in 2020 to Help with Covid-19 Relief Efforts
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 […]
Casino
December 20, 2020
Philippines’ Gaming Industry to Revive with E-cockfights and Online Gambling
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 […]
Business
November 25, 2020
Philippine Gross Gaming Revenue Increases by 600% in Q3 2020
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 […]
Industry
November 24, 2020
PAGCOR to Spend $41.5m to Build 32 Typhoon Shelters
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 […]
Legal
November 7, 2020
PAGCOR Approves Solaire Resort and Casino for Online Bets
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 […]
Legal
September 26, 2020
PAGCOR Asks Social Media to Act Against Illegal Gambling
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 […]
Business
September 14, 2020
City of Dreams Manila Undergoing Casino Operations Trial Runs
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. […]
Legal
May 10, 2020
POGOs to Undergo New, Stricter Vetting Process
POGOS announced news regulatory measures that will determine the validity of licensee-holders in the Philippine offshore gaming industry and whether they are compliant with government-issued norms. New, Stricter POGO Vetting Underway The Philippine gaming regulator released a statement on Friday, May 8, cautioning operators that tougher gambling laws would come into effect moving forward, and […]
Legal
May 1, 2020
PAGCOR to Restore POGOs Operations at Limited Capacity
Closed down since March 18, POGOs are now about to start up again and help the Philippines fight COVID-19 by contributing financially. POGOs Back in Business, PAGCOR Says Following several weeks of suspension of activities, the Philippines Amusement and Gaming Corporation (PAGCOR) has given the go-ahead to the country’s offshore casino industry to return to […]