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Legal
September 22, 2022
Crimes Related to POGOs Impact China’s Relations with Philippines
China’s fight against the Philippine Offshore Gaming Operators (POGOs) continues. Joining forces with Philippine law enforcement, Chinese authorities reaffirmed their commitment to ending illegal gambling and fighting POGOs-related crimes. Now, a new report reveals that China’s relations with the Philippines may be harmed by crimes related to illegal gambling. Chinese Ambassador Warns about Impact of POGO-Related Crimes […]
Casino
September 20, 2022
The Philippines Prepares to Ax Online Gambling
Philippines senator Joel Villanueva introduced a new bill that would effectively ban all forms of online gambling in the country. The new Anti-Online Gambling Act aims to impose strict penalties on all individuals who use the internet for betting and wagering. Villanueva justified the loss of revenue with the rising social cost of gambling, drawing […]
Casino
September 19, 2022
The Philippines Shuts Two POGOs, Rescues Hundreds of Employees
The Philippines is, similarly to other nations in the region, looking to act against its illegal gambling industry. Over the weekend, the national regulator, PAGCOR, conducted an enforcement action that resulted in the closure of two Philippine Offshore Operators, commonly known as POGOs. More than 140 foreign workers were rescued from slave-like work conditions, and […]
Casino
September 16, 2022
Falsification Lawsuit Against Okada Dismissed by Philippine Court
The court battle between the two factions fighting over the control of the Okada Manila Casino Resort continues at full steam. Following a series of lawsuits filed by both sides in this conflict, the court has made a decision on one of them. TRLEI Motion Against Kazuo Okada Was Rejected On September 8, 2022, the […]
Casino
September 13, 2022
Philippine Police Vows to Do More to Tackle POGO Worker Exploitation, Crime
The Philippine National Police wants more to be done when it comes to gaining control over the regulated Philippine Offshore Gaming Operators sector and the inflow of foreign workers who come to work in the gambling industry. In fact, the police wants to create a detailed list that keeps track of workers and can assist […]
Legal
September 12, 2022
TRAL Takes Okada to Court over Okada Manila Takeover
The saga surrounding the Philippine casino resort Okada Manila continues as Tiger Resorts Asia Limited (TRAL) sues Kazuo Okada for fraud and violence. In May, Okada forcefully took over the resort after he returned to the company thanks to a status quo ante order by the Supreme Court of the Philippines. TRAL and Okada have […]
Industry
September 12, 2022
Philippines: Banning E-sabong Brings Financial Hardships
Online betting on cockfights or the activity also referred to as e-sabong was incredibly popular in the Philippines. E-sabong helped generate invaluable revenue for different institutions including banks such as the Philippine Business Bank (PBP). However, after information regarding e-sabong-related crimes emerged, the Philippines lawmakers decided to outlaw the activity earlier this year. Now, a […]
Casino
September 9, 2022
Court Denies Okada’s Appeal against PAGCOR
Japanese billionaire and founder of the Okada Manila Casino Resort Kazuo Okada is not giving up on the fight over the control of the resort that easily. Okada recently made an attempt to block the decision by the Philippine Amusement and Gaming Corporation (PAGCOR) to reinstate the board of directors of the resort’s operator Tiger […]
Casino
September 7, 2022
TRAL Regains Control Over Okada Manila Following PAGCOR Order
On September 2, Philippine Amusement and Gaming Corporation (PAGCOR) ordered the group led by Japanese billionaire Kazuo Okada to surrender the Okada Manila Casino Resort back to The Tiger Resort Asia Limited (TRAL), the legal owner of the casino’s operator Tiger Resort, Leisure and Entertainment Inc (TRLEI). TRAL Regains Control Over Okada Manila Following an […]
Casino
September 5, 2022
PLC Reports 47% Revenue Increase in H1 2022
Premium Leisure Corp (PLC), an investment holding company that participates in gaming-related businesses, has posted its financial results for the first half of 2022. The results demonstrate a strong post-COVID recovery and show the company’s strengths. PLC Recorded Improved Revenues As reported by PLC, the company earned around $14.69 million (current conversion rates) for the […]
