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Gambling News - 'Philippines'
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 […]

Legal
September 18, 2024
PAOCC Re-Evaluates Witness Statements in Mass Grave Discovery Case
The Department of Justice (DoJ) in the Philippines has started an official investigation into the alleged mass graves that were revealed as a result of a raid at Lucky South 99, a Philippines Offshore Gaming Operator (POGO) located in Porac, Pampanga. The discovery was possible with help from prosecutors, Philippine National Police Criminal Investigation and […]

Casino
September 3, 2024
Alliance Global to Construct a $301M Integrated Resort in the Philippines
The Philippines is awaiting the construction of a new integrated resort, which is set to channel more tourists toward the archipelagic country. The project is the brainchild of Alliance Global Inc’s Travellers International Hotel Group Inc (TIHGI) and is set to begin construction in 2025. TIHGI Hopes to Channel Tourists Toward Its New Property Initial […]

Industry
August 19, 2024
Philippine Senator Fights the Return of Virtual Cockfighting
Several years ago, the Philippines legalized online sabong operations. After the start of virtual cockfighting in 2020, the activity was expected to bring tax revenue. Yet, the government’s Bureau of Internal Revenue (BIR), as well as the Philippine Amusement and Gaming Corp. (PAGCOR), failed to collect all tax revenue due from e-sabong operations, despite many […]
Business
August 13, 2024
PAGCOR Reports Strong Q2, Enjoys Solid Performance of E-Games
The second quarter of this year marked a strong period for licensed casinos in the Philippines, with reported increases in total gross gaming revenue (GGR) year-over-year and quarter-over-quarter. The Philippine gambling regulator and government-owned, regulated and operated corporation, the Philippine Amusement and Gaming Corporation (PAGCOR), uncovered details regarding the GGR reported for the three months […]
Casino
August 12, 2024
Casino Owners Top Forbes Asia’s Richest Person List
According to the “Philippines’ 50 Richest” list released by Forbes Asia, the top spot was grabbed by the heirs to a gambling and business empire. The Sy siblings have inherited their fortune from Henry Sy Sr., their father, who was one of the early-day pioneers of the gambling and casino industry in the Philippines. Sy […]
Industry
August 7, 2024
Philippines Considers Regulated Alternatives Following POGO Ban
The Philippine Amusement and Gaming Corporation (PAGCOR) is exploring implementing an improved and regulated version of online gaming following President Ferdinand Marcos Jr.’s decision to impose a total ban on Philippine Offshore Gaming Operators (POGOS). Rebuilding the sector could bring significant employment opportunities and create new revenue streams for the government. Lawmakers Remain Optimistic In […]