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Casino
August 11, 2023
Okada Manilla Launches Marketing Campaign to Promote Destination
The Philippines-based resort will now promote itself through the “Okada Manila Go” initiative launched to coincide with surging financial performance across the group. Universal Entertainment Corp, the company that owns Okada Manila, saw H1 2023 sales go up by 40.8% to $548 million. Okada Manila Beckons to Local and International Players Okada Manila itself hit […]
Industry
August 3, 2023
PAGCOR Outlines New Rules for Offshore Licensees
The Philippine Amusement and Gaming Corporation (PAGCOR), a government-owned body that regulates gambling in the country, has unveiled a new regulatory framework for licensed offshore gaming companies. The publication of the new framework is in line with the PAGCOR’s efforts to crack down on unlicensed gambling in the country. According to Jessa Fernandez, PAGCOR’s assistant […]
Industry
July 14, 2023
Philippines Seeks to Expand Online Gambling with Poker
To this end, PAGCOR, which regulates POGOs and gambling in the country, has announced plans to overhaul the existing regulatory framework. This was confirmed by the watchdog’s chairman and chief executive Alejandro Tengco who said that regulated online poker is one of the verticals to be introduced moving forward. Tengco Outlines Plans for Online Gambling […]
Blockchain
July 3, 2023
Philippines Targets Company Linked to Alleged Crypto Scams
PAGCOR, the country’s regulator, has conducted a series of operations that have focused on clamping down on such activities, with the latest taking place in Las Piñas City in Metro Manila where the Philippine National Police raided a business and ordered an offshore gaming service provider to stop business with immediate activity. Clamping Down on […]
Industry
June 29, 2023
Philippine Lawmaker Shows Support for Ban of POGOs
Over the last few years, the Philippine Offshore Gaming Operators (POGO) sector has seen much scrutiny and allegations regarding ties to criminal activities. Despite that, the sector continues to bring tax revenue for the government. Now, one lawmaker recently showed support for the shutdown of the POGO industry, regardless of the benefits it brings. Benjamin […]
Industry
June 28, 2023
Philippine GGR to Grow by 15% a Year, Analysts Predict
Maybank Securities experts are optimistic about the future of the Philippine gaming industry, Inside Asian Gaming reported. According to Maybank analysts, the Philippines will see GGR grow by 15% a year over the medium term. The growth, analysts Miguel Sevidal and Alexa Mae Carvajal will be delivered by the high domestic demand, which has already […]
Casino
June 21, 2023
Melco Resorts Upped to Outperform by Credit Suisse
Developer, owner and operator of integrated casino resorts in Asia and Europe, Melco Resorts & Entertainment, has seen its rating upped from Neutral to Outperform by Credit Suisse. Summer Holidays and Chinese Policy Credit Suisse said in its report that summer holidays and developments around Chinese policy were behind the decision to raise the rating […]
Casino
June 19, 2023
PAGCOR Cautions Public about False POGO Advertisement
PAGCOR has clarified that the matter concerned not so much gambling as much as it did job postings and advertisements promising excellent salaries and working conditions. According to the regulator, those ads were the work of “unscrupulous groups” involved in human-trafficking and crypto scams. Beware of Fake POGO Job Postings, Says PAGCOR POGOs have been […]
Legal
June 14, 2023
Philippines Conducts 41,000 Illegal Gambling Arrests in 2023
A total of 50,000 police operations have been conducted nationwide since the beginning of the year, said Philippine National Police (PNP) chief general Benjamin Acorda Jr, cited by the Philippine News Agency. Acorda Jr offered a detailed overview of the efforts that have been put in negating the pernicious influence of illegal gambling and said […]
Legal
June 13, 2023
Clark Development County Stops POGOs from Registering in the Freeport Zone
Known as POGOs, several illegal operators were recently embroiled in a controversy that saw an offshore gaming hub in Sun Valley Clark shut down. The allegations levied against the operators based there ranged from human trafficking to illegal gambling, with the Philippines recently involved in an international scandal. CDC Takes Issue with New POGOs Criminals […]
