Location: Philippines
Melco says working with potential buyers on bidding process for City of Dreams Manila
Melco Resorts & Entertainment said Thursday that it is currently in discussions with potential buyers of its stake in Philippines... more
Philippines licensed casinos no longer main GGR driver as gaming revenues fall
Licensed casinos in the Philippines, including those in Manila’s Entertainment City and in Clark, generated gros gaming revenues of Php49.3... more
PhilWeb falls to US$10.5 million loss in FY24 on asset impairments
Philippine eGames provider PhilWeb Corporation fell to a Php599.2 million (US$10.5 million) loss for the year ended 31 December 2024, with... more
PAGCOR chief cites Thailand threat as Philippines eyes record year for gaming revenues
PAGCOR Chairman and CEO Alejandro Tengco told reporters Wednesday that the Philippines is eying record gaming revenues of more than US$8... more
Rapid growth of domestic online gaming sector sees PAGCOR report all-time record revenue of US$1.92 billion in 2024
Philippine gaming regulator PAGCOR has reported an all-time revenue record of Php112 billion (US$1.92 billion) in 2024, bolstered by the... more
Moody’s says Philippines still faces money-laundering threats even after ban on POGOs
The Philippines still faces a money laundering risk even after the recent ban on the offshore POGO industry came into effect this month,... more
Morgan Stanley: Online gaming now the Philippines’ largest gaming tax contributor
The Philippines’ growing domestic online gaming industry is now the country’s largest gaming tax contributor, with regulator PAGCOR having... more
Philippines industry GGR now expected to surpass $6 billion in 2024
The Chairman and CEO of Philippine gaming regulator PAGCOR, Alejandro Tengco, told local media on Tuesday that the country’s gaming... more
PAGCOR clarifies its jurisdiction over Bataan freeport amid POGO furor
Philippine gaming regulator PAGCOR has made it clear that it maintains regulatory oversight of the Freeport Area of Bataan following recent... more
Parent firm Universal says Okada Manila recruiting more staff to boost regional gaming marketing abilities
Philippines integrated resort Okada Manila says it is in the process of recruiting and training more staff with the goal of boosting its... more
