The Latest in Philippines
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Legal

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 […]
PAGCOR Asks Social Media to Act Against Illegal Gambling
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Business

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. […]
City of Dreams Manila Undergoing Casino Operations Trial Runs
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Casino

Bloomberry Resorts’ Solaire North Open Date Pushed Back

Philippine-based hospitality and casino operator Bloomberry Resorts Corporation held its annual shareholder meeting Thursday, offering insight into the investment plans of the company.  The second integrated casino resort for the operator, Solaire North which is currently under development in Quezon City, is now expected to open doors by the end of 2022 or early 2023, […]
Bloomberry Resorts’ Solaire North Open Date Pushed Back
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Legal

Philippines to Sell PAGCOR to Fighting Coronavirus Pandemic

PAGCOR and PCSO might be sold by the Philippine government in order to help the country in the fight with the COVID-19 pandemic. Offer to Sell PAGCOR and PCSO Announced by Franklin Drilon The announcement came on Sunday, April 12 by senate minority leader Franklin Drilon. The government could benefit from some PHP300 billion per […]
Philippines to Sell PAGCOR to Fighting Coronavirus Pandemic
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Casino

Bloomberry Resorts Have Enough Cash to Weather the Storm

During these unprecedented times when the gambling industry is among the most impacted from the coronavirus due to the closure of land-based gaming facilities, Enrique Razon, Chairman and CEO of Manilla-based Bloomberry Resorts Corp, is one of the few that places human beings before businesses. The billionaire that ranked 565 in Forbes’ “World’s Billionaires List […]
Bloomberry Resorts Have Enough Cash to Weather the Storm
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Casino

POGOs Represent Serious Threat Regarding Money Laundering

The Anti-Money Laundering Council /AMLC/ in the Philippines reported that POGOs and their service providers present vulnerabilities in terms of high money laundering risk. Cash Is Untraceable The financial intelligence unit in the country, the AMLC, based its conclusion that Philippine Offshore Gaming Operators /POGOs/ are too exposed to illegal money operations due to a […]
POGOs Represent Serious Threat Regarding Money Laundering
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Casino

Philippine Senate Launches Inquiry Into POGO-Related Crime

The Philippine Senate received a video presentation on Thursday by residents of Multinational Village, a gated community in Paranaque City, south of Manila, that reported problems with Chinese nationals working for Philippine Offshore Gaming Operators /POGO/. Chinese Workers Cause Problems The complaint was presented to the Senate Committee on Accountability of Public Officers and Investigations, […]
Philippine Senate Launches Inquiry Into POGO-Related Crime
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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
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Business

POGOs Investigated by the Senate over Legislation Abuse and Security Threats

POGOs are going to be investigated by a Senate panel for hiring unregistered foreign workers, not paying taxes, and non-complying with immigration and labor laws. POGOs investigation will be the Senate’s priority throughout the next legislative session beginning Jan 20. A Senate Panel Will Investigate POGOs to Help Legislation The Philippine Offshore Gaming Operators (POGOs) industry […]
POGOs Investigated by the Senate over Legislation Abuse and Security Threats
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Business

Philippines Arrest 342 Chinese Nationals in POGOs Sector

In a Thursday raid, the Philippines arrested 342 Chinese nationals working illegally in the Philippines’ increasingly divisive offshore gambling industry. Hundreds of Illegal POGO Workers Arrested On Friday, December 20, the Philippines said that they had detained hundreds of illegal Chinese workers who were hired to work in the country’s offshore gaming operators. The arrests […]