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Industry
July 9, 2021
Duterte Changes Stance on Gambling Due to COVID-19 Impact on The Philippines
Once a fierce opponent of gambling activities, Philippine president Rodrigo Duterte has changed his position to urge wagering in order to attract funds after the devastating impact of the pandemic. Duterte Softens Tone on Gambling Philippine President Rodrigo Duterte has softened his tone with regards to gambling in the country due to the negative impact […]
Casino
June 1, 2021
Philippine President Urges for Online Casino Tax Bill
The Philippines wants to generate tax revenue from the gaming industry, calling for 25% income tax on foreign employees and 5% tax on offshore gaming operators’ gross gaming revenue. Offshore Gaming Operators to Pay 5% Tax in the Philippines Philippine President Rodrigo Duterte has called lawmakers to move forward and pass the bill, which would set income […]