Philippines President Rodrigo Duterte has just officially signed a new controversial tax scheme into law and it concerns all Philippine offshore gaming operators (POGO). Today, Malacañang Palace announced that Duterte has enacted the Republic Act 11590 as a part of the efforts of the nation to boost its revenue, which the nation sees as one […]
PAGCOR appoints James Bondoc as a board member, as the organization presides over a strong growth of iGaming revenue in the Philippines. New Appointment at Helm of PAGCOR’s Social Responsibility Group The Philippine Amusement and Gaming Corporation (PAGCOR) has appointed James Patrick Bondoc to its board of directors. Bondoc previously served as the company’s Corporate […]
The Philippines had a brief respite from the COVID-19 pandemic recently, but it didn’t last very long. With new issues emerging, existing health restrictions that should have been lifted by now are going to remain in place a little longer. Metro Manila is the hardest hit, and will stay on “modified enhanced community quarantine” until […]
The Philippines has had a lot of difficulty due to the COVID-19 pandemic and hasn’t, until very recently, started to see limited signs of recovery. This has taken a toll on the country’s gaming industry, which also affects the amount of money the Philippines has to work with. The Philippine Amusement and Gaming Corp. (PAGCOR), […]
Just days after a moratorium on new casino construction in the Philippines was lifted, two projects are possibly in the works. One is a resort that was forced to stall due to COVID-19 and the moratorium, while the other is a new property. Expected launch dates haven’t been revealed; however, with the idea that they […]
The COVID-19 has caused economic hardships on every level and it doesn’t look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously […]
Axie Infinity’s continuous success has prompted Philippine authorities to ask if players must pay income tax on their earnings in the game. Axie Infinity Player Revenue Soars as Income Tax Questions Mount As the play-to-earn model has come to salience around the world, blockchain-powered games such as Axie Infinity have been able to capitalize on the demand […]
EvenBet has announced a new partnership with the Philippines-based top sportsbook platform, SBOBET. EvenBet Gaming Goes Strong in Asia EvenBet Gaming has increased its presence in the Asian gaming market after securing an agreement with SBOBET sportsbook to include it into its gaming platform. SBOBET is a Philippines-based sportsbook platform and a top leading player in the Asian industry. The deal will offer a […]
Suncity Group may have tripped over itself. The junket operator, and backer of a multimillion-dollar resort project in the Philippines, is reportedly under investigation by the Philippines Amusement and Gaming Corp. (PAGCOR) after allegedly receiving complaints from some of Suncity’s customers that they haven’t been able to withdraw their funds. While delays and technical glitches […]
It’s been a tumultuous time for the Philippines, unable to come out from under the relentless attack of COVID-19. Casinos in some parts of the country have been forced to shut down or reduce operations in an effort to thwart the virus, but the decline in land-based gaming has been a catalyst for online gaming […]
