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 …
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 …
Gambling regulators in the Philippines are claiming success for regulating the online gambling industry after casino revenue spiked in 2018. The Philippine Amusement & Gaming Corporation (PAGCOR) recently released a statement confirming that offshore gaming providers have substantially increased revenue figures in the two years since the Filipino market opened up to offshore gaming operators. …
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 …
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 …