Location: Philippines
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
Philippines President Marcos says no need for new law banning POGOs
Philippines President Ferdinand Marcos Jr has refuted the bizarre claims of a local Senator that licensed casinos and integrated resorts... more
Philippines President Marcos signs Executive Order officially banning POGOs
Philippines President Ferdinand Marcos Jr has officially signed the Executive Order banning the nation’s offshore gaming industry, widely... more
Okada Manila GGR down 33% to US$142 million in 3Q24 on VIP, mass table games decline
Philippines integrated resort Okada Manila saw its gross gaming revenues decline by 33.4% year-on-year and by 27.2% sequentially to Php8.23... more