With the recent news that its biggest competitor – Macau – has fallen on hard times, the Philippine casino industry is primed for big things. POGOs are on the way out, PIGOs are on the way in, Boracay is getting new IRs, and Manny Pacquiao is currently the betting favorite to win the 2022 Presidential …
Big things are happening in the domestic Philippines gambling market. Just recently, it was announced that half of the country’s POGOs – or Philippine Offshore Gaming Operators – have closed up shop and fled the country without paying their outstanding tax bills. And while this left PAGCOR reeling a bit with upwards of $30 million …
On Saturday, Manny Pacquiao faced down WBA “Super” welterweight champion Yordenis Ugas after Errol Spence, Jr., withdrew with a detached retina. And while the fight went the distance and was reasonably close, Pac-Man lost via unanimous decision. The ringside judges scored the bout 115-113, 116-112, and 116-112. ESPN also scored the fight 116-112 for Ugas. …
After a delayed start to the 2021 PBA season, the Philippine Cup got off to an interesting start. Shooting and scoring were both down, San Miguel Beermen superstar June Mar Fajardo was playing in a low-key, reserved manner coming off injury, and the players in general seemed tentative at best. Of course, now that the …
The Philippines first competed in the Summer Olympics in 1924, and except for the 1980 boycott, they’ve been to every iteration since. However, in all that time, the nation never won Olympic gold. Until now. On Monday, Philippine weightlifter Hidilyn Diaz snapped the 97-year drought, beating out event favorite Liao Qiuyun of China in the …
After a disastrous 2020, the Philippine gambling industry has been approaching the new year with incredible enthusiasm. Entertainment City construction projects have resumed, fresh resort casino investments are pouring in, and the market looks poised to pick up where it left off in 2019. After all, before COVID, the Philippines was fast becoming the number-one …
The legal online gambling industry in the Philippines has been limited to POGOs for non-residents and offshore betting sites for those living in the islands. That could be about to change. After 2020 was a total wash – or, rather, a total dousing – for Philippine brick-and-mortar casinos in the Metro Manila area, PAGCOR – …
While the Philippines is home to one of the largest offshore gambling enterprises on the planet, its POGOs are closed to actual residents of the islands. This is not a great point of contention for local gamblers, at least under normal conditions. However, with the Philippines entering its fifth month of Metro Manila coronavirus lockdowns, …
As of right now, most retail gambling in the Philippines has been temporarily suspended. Per the government’s overarching coronavirus response, PAGCOR – the Philippine Amusement and Gaming Corporation – has shuttered all operations in the National Capital Region, or NCR. This includes all 16 NCR cities, and all forms of retail gambling have been put …
Ever since Philippine President Rodrigo Duterte met with Chinese President Xi Jinping in August of 2019, the Chinese President has pushed for online gambling reform in the Philippines. Xi asked President Duterte to suspend the PAGCOR Philippine Offshore Gambling Operator’s (POGO) licenses that he claims targets, Chinese bettors. After the meeting, President Duterte told media …