Saturday, May 18, 2024

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PAGCOR’s decision to lower licensing fees enhances competitiveness of IGLs, says COO of Winn Tech

A lower licensing fee for Philippine offshore gaming operators (POGOs) operations is seen as a mutually beneficial act for both operators and regulators.

Philippine Senator pushes for probe into illegal workers in gated communities

Philippine Senator Sherwin Gatchalian has urged for an investigation by the Senate into the growing presence of foreign nationals within exclusive gated communities.

Philippines Bureau of Immigration ups blacklist for illegal online gambling hubs

Authorities in the Philippines are increasing the pressure on illegal online gambling hubs, barring over 150 Vietnamese nationals from the country in the month of March alone.

Congressman Tambunting: House is split 50/50 on gaming

Philippine Congressman Gus Tambunting says the House is equally divided in regards to gaming support, in particular of online. Meanwhile, the sale of Casino Filipino venues is proof of how seriously the nation is taking its gaming, with current laws unlikely to change under future administrations. The official also says that the gaming regulator, PAGCOR, “needs more teeth” in order to properly enforce regulations.

Philippines court dismisses challenges to PAGCOR’s POGO regulations

The Supreme Court has rejected petitions contesting the jurisdiction of the Philippine Amusement and Gaming Corporation (PAGCOR) to enforce regulatory measures on Philippine offshore gaming operators (POGOs) as per the approved RR-POGO in 2016.

Daily Asia Gaming eBrief: POGO ban wouldn’t cause property market crisis

POGO operators still comprise some 20 percent of the office space transactions in Metro Manila, despite a drop in demand amongst ongoing changes to the online space. Real estate group Colliers notes that there has been "no significant effect on the overall office market".

POGO ban wouldn’t result in property market crisis: Colliers

Despite the ongoing shortfall in demand for office spaces from Philippine Offshore Gaming Operators (POGOs) compared to pre-COVID levels, POGO operators still comprised 20 percent of office space deals in 2023.

Daily Asia Gaming eBrief: Forcing POGO closures will impact economy

For lawyer Tonet Quiogue, POGOs have made significant contributions to the Philippine's economy, and authorities should be more focused on enforcing existing laws for the sector, rather than shutting them down.

Prioritizing law enforcement over closure for POGO: lawyer

A House hearing has spurred calls for a POGO ban, escalating the debate. But a gaming lawyer in the Philippines urges focusing on enforcing laws, citing POGOs' economic contributions.

Daily Asia Gaming eBrief: PAGCOR must prove itself re POGOs

The Philippine gaming regulator PAGCOR is facing a tough challenge from opponents of offshore gaming operators, battling uphill to prove their worth amongst a spate of recent raids and arrests. A top lawyer breaks down how a full POGO ban could come about, and other opportunities the regulator is exploring.