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Philippines

Casinos in the Philippines will have to comply with the country’s Anti Money Laundering guidelines from Jan 4 this year.

The Cagayan Special Economic Zone is promising to improve infrastructure, security and the general environment to attract more gaming online gaming firms.

Udenna Corp hopes to begin construction of a resort on Cebu soon and is considering an initial public offering, or backdoor listing, to fund the project, local media reported, citing Raymundo Martin Escalona, the company’s director for special projects.

The Philippine Amusement and Gaming Corp has warned that any casinos permitting minors -- under the age of 21 -- into the premises risk losing their license.

Catholic priests on the Philippine island of Boracay have vowed to oppose plans by Galaxy Entertainment to build a $500 million IR on the island, according to local media.

In just under two decades, virtual sports have gone from being a niche vertical dismissed by many as cartoon betting, to one of the fastest growing areas in gaming, with operators in Asia increasingly taking notice.

In just under two decades, virtual sports have gone from being a niche vertical dismissed by many as cartoon betting, to one of the fastest growing areas in gaming, with operators in Asia increasingly taking notice. Interest is undoubtedly strong amongst Asia's sports mad punters, however, slow turning wheels of regulation, or lack of rules, is holding back progress.



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E-games operator PhilWeb Corporation on Tuesday announced it has acquired three PAGCOR eGames sites.

Macau casino operator Galaxy Entertainment Group has confirmed that it is planning on opening a casino resort in Philippines.

E-games software supplier Philweb disclosed on Monday that it has received a letter from the PAGCOR which allows it to offer its services to the first 16 PAGCOR-licensed gaming sites for electronic games.

BMM Testlabs has announced that it has been officially licensed by the Philippine Amusement and Gaming Corp (PAGCOR) to evaluate, test and certify online gaming systems and games for Philippine Offshore Gaming Operator (POGO) licensees.

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