Philippines

Universal Entertainment Chairman Kazuo Okada predicts the Philippine gaming market will soon overtake Singapore, making it the second-biggest casino market in Asia.

The Casablanca Casino in Clark Freeport Zone has reportedly shut down operations Friday after its operators failed to meet escrow requirements.

Philippine Amusement and Gaming Corporation (Pagcor)’s authority over online gambling has been pulled into another round of questioning by Sen. Francis Escudero.

The Philippine Charity Sweepstakes Office (PCSO) is in talks with the Philippine National Police (PNP) to step up a task force aimed at tackling illegal gambling.

Melco Crown (Philippines) Resorts is looking to drop “Crown” from its name as part of a corporate rebranding.

State-owned Philippines Amusement and Gaming Corporation (PAGCOR) on Tuesday reported net income of P4.5 billion (US$89.7 million) for the full year 2016, up 18.1 percent year-on-year.

Philippines integrated resort Okada Manila is slated to formally open its doors next month, according to Philippine Amusement and Gaming Corp. chair Andrea Domingo.

The Philippine Amusement and Gaming Corp. (Pagcor) posted a strong increase in gaming revenue in 2016, amid a crackdown on online gaming by President Duterte.

Okada Manila parent company, Universal Entertainment Corporation has revised its forecasted net income for the fiscal year ending March 31, 2017 to JPY 270.5 billion (US$2.4 billion).

The Philippine Charity Sweepstakes Office (PCSO) on Tuesday officially launched its expanded Small Town Lottery (STL) in an effort to stamp out illegal gambling.

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