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The Philippine National Bureau of Investigation (NBI) is reporting another shutdown of an alleged illegal casino operation. After receiving a tip and a warrant, the NBI swooped in on a Pampanga home and arrested 12 Chinese nationals that were working out of a residence. The group was operating without a license, a violation of Philippine …
Philippine property is seeing a lot of action lately thanks to Chinese gamblers. Online gambling operations within China’s are strictly prohibited, but the law does not prevent Chinese online gambling operators, who are located outside the country and located offshore, from offering services to rich mainlanders from Macau and all over China. In 2017, ₱9.68 …
The gambling business is booming in the Philippines. The Philippine Amusement and Gaming Corp. (Pagcor) announced this week the gross gaming revenue (GGR) from the country’s casino and gambling industry is projected to hit P192 billion before the end of 2018. Should the newly projected mark be hit, GGR – defined as the net difference …
Playtech’s parent company Montford Inc. is still the only RNG provider in the Philippines to earn accreditation via PAGCOR. Despite an opportunity to become accredited through PAGCOR’s Offshore Gaming Licensing Department, no other RNG software provider has applied for this. According to PAGCOR, POGO licensees can only offer RNG technology from companies which have gained …
President Rodrigo Duterte plans to remove gambling from the country whether its online or physical casinos. The Philippines gambling market may be reduced greatly after announcements arise by Philippine President Duterte who has shared his distaste for gambling since he took the executive position. In recent speeches, Duterte has adamantly affirmed intents to suppress online …
An online gambling site based in the Philippines has been shut down as a result of a long sting operation conducted by the Chinese police. Authorities in Jiangsu have arrested over 50 individuals in connection with this gambling operation that is projected to have dealt with approximately $1.1 billion in wagers over the past few …
The Philippines are an interesting place for looming casino developers. However, it may be difficult to build out new gambling locations given the fact that President Roger Duterte publicly denounced gambling at a recent event. He also ordered a $1.5 billion casino project to cease operations shortly after they broke ground. The news broke in …
The 2018 World Cup is well underway, and many sports betting fans are getting in on the action around the world. So far, the World Cup has produced some thrillers and upsets that have left many fans scratching their heads while other fans are celebrating in the streets. “No one could have predicted this” one …
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 …
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 …