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Industry
January 22, 2025
Philippines’ Gambling Sector Faces Challenges Amidst Reform Efforts
The Philippines’ gambling sector faces a host of challenges as it seeks to address money laundering schemes and illegal gambling operations that have operated with impunity for decades by exploiting regulatory loopholes. Despite recent reforms, analysts and lawmakers warn that protecting the country’s financial and social systems and ensuring its permanent removal from international watchlists […]
Legal
January 16, 2025
Former Philippine Mayor Alice Guo Faces Money Laundering Charges
Philippine authorities have recommended the filing of 62 counts of money laundering charges against former Bamban mayor Alice Guo, signifying a significant escalation in this high-profile case that encompasses online gambling, human trafficking, and investment scams. Guo is also facing an investigation in Singapore, where she briefly stayed after fleeing the Philippines in the wake […]
Legal
December 31, 2024
War on POGOs Enters Next Stage as the Philippines Introduces New Bills
The new bills align with the country’s desire to end its unhealthy relationship with shady crime-related gambling operations. New Measures Will Help the Philippines Fight Off Illegal Gambling The Philippines continues its crackdown on illegal Philippines Offshore Gaming Operations (POGOs), seeking to end its ties with illicit gambling. While POGOs were allowed to operate for […]
Casino
December 31, 2024
Solaire Resort Launches Recruitment Drive for Online Gaming Expansion
Solaire Resort & Casino, a leading luxury gaming destination in the Philippines, is set to strengthen its presence in the online gaming market by hiring for crucial positions. Key Positions Open at Solaire as New App Development Begins A recent post on LinkedIn showed a bunch of job openings aiming to create a team focused […]
Industry
December 16, 2024
SMC Leases Land from PAGCOR, Vows to Build New HQ for the Regulator
The Philippine Amusement and Gaming Corporation (PAGCOR) unveiled a 25-year lease agreement with SMC Infrastructure, a division of San Miguel Corp. Under the deal, the Philippine regulator will lease the Nayong Pilipino Property in Pasay City to SMC. In turn, the latter company will build a new officer for the PAGCOR. PAGCOR to Lend 13 […]
Business
December 10, 2024
Philippine Gambling Sector on Track for $6B Revenue in 2024
The gambling sector in the Philippines is expected to continue growing, surpassing the reported gross gaming revenue (GGR) in 2023. That’s the opinion of the chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro Tengco, who recently spoke to reporters. GGR to Continue Growing, Plan to Ban POGOs Underway The target set by PAGCOR […]
Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Industry
November 8, 2024
Philippine President Bans POGOs and IGLs Amid Public Concern
Philippine President Ferdinand R. Marcos Jr. signed Executive Order (EO) 74 on November 5, effectively banning all offshore gambling activities in the country, with a focus on Philippine Offshore Gaming Operators (POGOs) and internet gaming licensees (IGLs). The executive order mandates an immediate end to all offshore gaming operations, responding to public concerns about crime, […]
Industry
October 16, 2024
IGT Wins $5.3M Tender to Supply Tech to LET’s Manila Project
Gaming tech & content leader International Game Technology (IGT) has won a $5.3 million tender to supply its cutting-edge gaming equipment to LET Group Holdings’ new casino project in Manila. The former company’s experience and rich suite of products were major factors in the successful tender. The Supplier Will Empower the New Casino As per […]
Legal
October 11, 2024
Philippine Authorities Arrest POGO Kingpin as Crackdown Continues
Philippine authorities reported a major development, saying that the so-called Godfather of the local Philippine Offshore Gaming Operator (POGO) sector, Lyu Dong, has been arrested. The man is suspected of organizing gambling throughout the country since 2016. Dong Is Believed to Be a POGO Kingpin Dong is a Chinese national who has been involved in […]
