Days before the Philippines midterm election Duterte backs off anti-gambling stance. In an impromptu campaign announcement supporting his fellow PDP-Laban party allies on May 11th, President Duterte announced backing off his strong anti-gambling stance. He was heard saying, “I cannot stop it anyway and I know I am lacking,” followed with “I will not meddle …
The Philippine Bureau of Internal Revenue (BIR) has requested the gaming regulator PAGCOR to require in-person registration before issuing a Phillippine Offshore Gaming Operator (POGO) license. The Philippine Amusement and Gaming Corporation has been regulating the gaming industry in the Philippines since 1976 when they were first commissioned by a Presidential Decree 1067-a to regulate …
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 …