Casino Developments in The Philippines are Halted

Halt on Casinos

Rumor had it that a number of new commercial developments and casinos would be built and operational within the Philippines by next year. However, Philippine President Duterte has declared Boracay, a large tourism investment zone, into a land reform area. This has cast a large shadow of doubt over previously approved casino projects by PAGCOR …

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President Cleans Up Corruption Within Government

President Duterte

Philippine President Duterte is investigating and firing all individuals in public office positions who have been accused of and participated in extortion and feeding into government corruption. President Duterte’s axing of crooked individuals comes as no surprise for the current Philippine President promised to curb government corruption as part of his presidential campaign. Many of …

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PAGCOR Gambling Revenue Slipping In 2018

Pagcor logo and poker chips

At the close of the 2018 first quarter of the year, the Philippine Amusement and Gaming Corporation is reporting that net income is down across the board. Government data is showing a drop of revenue for the first time in recent years. Reports are indicating that the overall net income growth is slower than last …

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Crypto Crimes In The Philippines

Bitcoin with handcuffs

A cryptocurrency is a form of digital currency that exploded onto the world market in 2017 and into 2018. While it does have earlier beginnings, most people were first introduced to the newest unregulated monetary form in 2017. A lot of people were skeptical at first and some still are. There is still a lot …

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Chinese Government Betting on Hainan Gambling

Chinese National Flag

Reports by Bloomberg and many credible online sources have stated that China’s Government, with efforts backed by President Xi Jinping, plan to expand gambling to mainland China through Hainan. Sources say they are considering allowing the Island of Hainan to offer sports lotteries, horse race betting, large-scale instant lotto tickets, and online gambling and sportsbooks, …

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