Saturday, September 25, 2021
Rodrigo Duterte

Duterte’s new POGO tax law to raise P144 billion in revenues

President Duterte signed in a new law taxing online casinos, which stipulates that POGOs must pay a 5 percent tax on their GGR, whilst foreign employees working there are required to pay a 25 percent income tax.
Solaire Resort & Casino

Bloomberry recognised as outstanding company, responsible enterprise

Bloomberry Resorts Corporation on Tuesday announced it had received the 2021 Asia Responsible Enterprise Award for Health Promotion at the start of the month. The...
Westside-City-Resorts, World

SunTrust gets more financial assistance for Manila casino development

Suncity Group Holdings has agreed to a nine-month extension to the maturity date of its loan to SunTrust Resort Holdings.
boracay

Boracay authority forms to ensure sustainable development

The Philippines House of Representatives has approved the creation of the Boracay Island Development Authority (BIDA), only weeks after talks of plans for a casino revival on the island. 
Boracay, philippines

Catholic church/business groups oppose Boracay casinos

The Catholic Church and local business groups are calling on the government to stop a plan to allow casinos on the island of Boracay in the Philippines.
kazuo okada

Kazuo Okada lawsuit appeal dismissed by Supreme Court

Kazuo Okada had his final appeal against a lawsuit dismissed by the Supreme Court as of last week, according to a filing from Universal Entertainment Corp. 

PAGCOR casino sale not seen viable as fundraiser

The Philippines Government is seeking to extract as much revenue as possible from its gaming industry, but selling off PAGCOR casinos is not seen as a viable option.
Jimmy Bondoc

PAGCOR former CSR chief joins board of directors

Philippine Amusement and Gaming Corporation’s (PAGCOR) former Vice President for Corporate Social Responsibility Group James Patrick Bondoc has been appointed as member of the state-run gaming agency’s Board of Directors.
NuStar, Trevor-Hammond, Katrina-de-Jesus

NUSTAR, Cebu’s first IR, on track to open in March, 2022

NuStar Resort & Casino will be the first IR on Cebu, when it opens in March next year, marking a milestone in tourism and gambling development.

Manila to move to Alert Level 4 from Sept. 16

Manila will move to an eased alert system from Sept. 16, which will only impose full lockdowns in areas with high cases, although casinos will not be allowed to reopen.

UPCOMING EVENTS