Friday, May 3, 2024

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PH Department of Justice to meet PAGCOR to comb over POGO list after raid on Pampanga facility

The Philippines Department of Justice is going to take an in-depth look at the licenses issued by PAGCOR to Philippine Offshore Gaming Operators (POGOs), after a raid on a business processing company in Pampanga over suspected internet scamming and human trafficking.

Construction launches for PAGCOR-funded hospital in Pampanga

PAGCOR Chairman and CEO Andrea Domingo was the guest of honor in Pampanga at a construction launch ceremony for a 100-bed Overseas Filipino Workers (OFW) hospital project.

Banyan Tree enters the Philippines with Hann Reserve Resort in New Clark City

Leading Asian hospitality group Banyan Tree is officially entering the Philippines in cooperation with Hann Resorts. Located around a two-hour drive north of Metro Manila, the new Hann Reserve integrated resort just saw its ground-breaking ceremony take place and is scheduled to open for guests in 2026.

PH gaming industry bounces back to pre-pandemic levels, says PAGCOR Chief

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and Chief Executive Officer Alejandro H. Tengco said that increased demand for leisure, travel, and entertainment will sustain the growth trajectory of the Philippine gaming industry in the coming years.

PAGCOR privatization plan has no significant impact on the industry

Commenting on the Philippine Amusement and Gaming Corporation’s (PAGCOR) privatization plan, Maybank analyst Alexa Carvajal says that, given that the gaming regulator comprises only 7 percent of the total Philippine gross gaming revenue (GGR), “we do not expect the effect of its privatization to be significant.”

Philippine authorities “not as aggressive” in catching POGO suspects due to logistics

The Philippine Justice Secretary has called the round-up of Philippine Offshore Gaming Operator (POGO) suspects a ‘logistical nightmare’.

UN, China and Philippines officials pledge joint efforts to crack down on gaming-related crime and human trafficking

Senior officials from ASEAN, China and United Nations Office on Drugs and Crime (UNODC) have agreed to address transnational organized crime and trafficking in persons associated with casinos and scams.

PH Resorts increases capital stock proposal after green light in stockholders meeting

The board of directors of PH Resorts Group Holdings has approved a proposal to increase its capital by $128 million as it aims to finalize Emerald Bay.

Alliance Global Group eyes plan for another six hotels by 2028

Philippines conglomerate Alliance Global Group (AGI) has identified six sites in the country for new hotels, expected to be operational over the next five years.

PAGCOR to impose stricter sanctions on all erring POGOs and its accredited service providers

The Philippine Amusement and Gaming Corporation (PAGCOR) has pledged to impose stricter sanctions on all erring licensed offshore gaming operators (POGOs) and accredited service providers.