Philippines

House leaders are seeking to amend the charter of the Philippine Charity Sweepstakes Office to grant it the authority to issue permits for small town lottery (STL).

Alleged middleman of gambling tycoon Jack Lam, Wally Sombero, has denied involvement in the bribery scandal involving Justice Secretary Vitaliano Aguirre and two Bureau of Immigration (BI) officials.

A surge in offshore gaming firms is likely to drive up office rental prices in Metro Manila over the next year, says property consultant Colliers International.

Philippine’s largest integrated resort Okada Manila has pushed back the date of its grand opening to the end of March.

President Rodrigo Duterte has called for authorities to intensify their fight against illegal gambling, following the issuance of Executive Order No. 13.

Philippine Amusement and Gaming Corp. (Pagcor) chair Andrea Domingo denies she was offered a bribe by gaming tycoon Jack Lam, though she admitted having met with him on three occasions.

Casinos across Asia must find a way to balance innovative new payment solutions with a labyrinth of multi-jurisdictional AML, compliance and responsible gaming requirements, according to a number of industry insiders.

 

 

Casinos across Asia must find a way to balance innovative new payment solutions with a labyrinth of multi-jurisdictional AML, compliance and responsible gaming requirements, according to a number of industry insiders. One supplier told AGB on condition of anonymity that innovation in the payments space "remains a thorny issue", adding that while operators don’t want to lose customers, the need to adhere to strict AML requirements tends to take precedence.



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State-run Philippine Amusement and Gaming Corp. (Pagcor) has reiterated its authority in granting offshore gaming licenses in the country.

Philippines-based Meridien Vista Gaming Corp. (MVGC) has been asked to immediately stop its numbers game operations.

The Philippines House of Representatives has moved closer to including casinos as part of its Anti-Money Laundering Act (AMLA).

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