Location: Philippines
Philippines industry GGR hits US$1.24 billion in Q1 on strong growth from Manila, Clark IRs
Licensed casinos in the Philippines, which include integrated resorts in Manila’s Entertainment City and the Clark Freeport Zone, generated... more
Philippine government must refund franchise tax slapped on POGOs, Supreme Court rules
The Supreme Court (SC) has affirmed with finality its decision issued last year which declared that the government’s imposition of a... more
PAGCOR lauds higher contribution to nation-building after strong March quarter
The improved Q1 financial performance of Philippines gaming regulator PAGCOR has also allowed it to increase its contribution to... more
Okada Manila maintains positive momentum in 1Q23 as GGR climbs to US$209 million
Philippines integrated resort Okada Manila has continued its strong recovery trajectory into 2023, with gross gaming revenue reaching... more
PAGCOR sets US$4.5 billion target for Philippines industry-wide GGR in 2023
Philippines gaming regulator PAGCOR says it is now targeting industry-wide gross gaming revenues of Php244.84 billion (US$4.5 billion) in... more
Universal Entertainment Corp says affiliate now planning to develop land near Okada Manila following collapsed sale
Japan’s Universal Entertainment Corp (UEC) said Thursday that an equity-method affiliate that owns a 9.4-hectare parcel of land alongside... more
Okada Manila parents looking to terminate merger agreement for US listing
The operating entities of Philippines integrated resort Okada Manila have filed a series of counterclaims against US-based SPAC firm 26... more
PAGCOR chief confident Philippines gaming industry will soon exceed pre-pandemic revenue levels
PAGCOR Chairman and CEO Alejandro Tengco says he is hopeful the Philippines gaming industry will surpass pre-pandemic revenue levels in the... more
Philippine transport chief favors covid-safety curbs for Chinese visitors
Philippine Transport Secretary Jaime Bautista said he’s in favor of imposing Covid measures including testing on inbound travelers from... more
PAGCOR figures show GGR at Philippines licensed casinos continued to climb in 3Q22
Philippines licensed casinos generated gross gaming revenues of Php44.8 billion (US$781 million) in the three months to 30 September 2022,... more
